Metallurgy news
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ArcelorMittal South Africa stops exclusive negotiations with IDC due to lack of a dealSouth African steel producer ArcelorMittal South Africa Ltd (AMSA) has terminated exclusive negotiations with the National Institute of Development Finance Industrial Development Corporation of South Africa (IDC) regarding a potential sale or restructuring of its operations without reaching an…
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Voestalpine plans to cut jobs at two plants due to tariffs and pressure from demandAustrian steelmaker Voestalpine will cut its workforce and reduce operations at two of its Austrian plants, attributing the move to sustained pressure from U.S. import tariffs, weak demand in the automotive sector, and rising energy and labor costs, according to a Reuters report citing a statement…
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Toyota uses Green JFE Steel in its main car modelsJapanese automaker Toyota Motor Corporation has selected JGreeX® green steel from Japanese steel company JFE Steel to manufacture its vehicles as the global automotive sector accelerates efforts to create a carbon-neutral society, according to a statement from the latter.JFE Steel states that…
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The Canadian company Cerrado Gold raises the production plan for the Mont Socier project to 8 million tonsCerrado Gold, a Canadian iron ore mining company, has released a detailed progress report on its Mont Sorcier high purity magnetite iron project in Quebec, confirming major design changes, an enhanced development plan, and the ability to produce premium 67% iron concentrate suitable for the…
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Vale to boost iron ore exports to India, preparing to double steel productionBrazilian iron ore mining company Vale is preparing to meet the growing demand for iron ore from India, where steel production is expected to double to 300 million tons by the end of the decade. CEO Gustavo Pimenta told Reuters that India's rapidly growing infrastructure needs, driven by a…
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IEEFA: Oman prepares to become a global center of green steelAccording to a new report from the Institute for Energy Economics and Financial Analysis (IEFA), Oman is strategically positioned to become a global leader in the production of environmentally friendly cast iron and steel, using its natural advantages, existing industrial infrastructure and…
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Sumitomo Corporation will establish an integrated energy company in OmanJapan's Sumitomo Corporation Global Metals has announced a strategic partnership with Energy Development Oman to create Oman's first integrated energy supply chain company to optimize the country's energy production, transportation and supply infrastructure.The new company aims to provide supply…
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Indian steel Industry stumbled in September 2025, but outlook remains strongThe Indian steel industry showed steady growth in September 2025, albeit at a slower pace. While crude steel production declined from month to month as the monsoon affected consumption trends, end-user activity declined slightly, with the exception of the automotive sector.The industrial production…
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Egyptian Steel launches major investment campaign to increase production and exportsEgyptian steel company Egyptian Steel is planning an ambitious investment program worth almost 2 billion Egyptian pounds ($42.34 million) over the next 18 months, starting in 2026, to strengthen its production capacity and readiness for export. The company said the investment is aimed at upgrading…
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A new heating furnace will be installed in Egypt's El MarakbiEgyptian steel company El Marakby has taken an important step towards advancing its low-emission steel production strategy by ordering a new 60 tph reheating furnace from Italian manufacturer Danieli Technologies.The project is scheduled to be commissioned in mid-2027, which will be a key milestone…
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