Metallurgy news

• Volvo Korea and POSCO collaborate on high-performance materials for next-generation equipment According to South Korean media reports, Volvo Group Korea has signed a memorandum of understanding with South Korea's POSCO Group to jointly develop high-performance materials and technologies for the production of next-generation construction equipment.The agreement was signed at Volvo Group... 07.04.2026  14:00

• SSAB suspends construction of steel plant in Luleå after worker health incidents Swedish steel company SSAB announced that it had temporarily suspended all construction work at its new steel plant in Luleå after several subcontractor workers reported illness-like symptoms.The first confirmed cases appeared on April 3, when four workers sought medical attention. A total of ... 07.04.2026  14:00

• US company Mesabi Metallics receives additional funding of $150 million for DR grade iron ore project U.S. company Mesabi Metallics, part of India's Essar Group, announced it has secured $150 million in financing from Australian multinational investment banking and finance group Macquarie Group, supporting the development of its iron ore direct reduction (DR) project in Minnesota.The financing will... 07.04.2026  13:00

• Tata Steel Nederland shuts down straight plate plant due to chromium emissions Tata Steel Nederland, a subsidiary of Indian steelmaker Tata Steel, has announced the temporary closure of its DSP plant at its IJmuiden site due to elevated levels of hazardous substance emissions.According to the company, recent measurements showed that chromium-6 emissions from one stack... 07.04.2026  13:00

• Indian MOIL LIMITED forecasts manganese ore production to grow by 6% in fiscal year 2025-26 As per a company statement on Monday, April 7, Indian state-owned Miner MOIL limited achieved total manganese ore production of 1.907 million tonnes in fiscal year 2025-26 (April-March), up 5.7 percent from the previous year.The company reported total sales of 1.589 million tonnes during the fiscal... 07.04.2026  12:00

• CISA Mills' daily steel output was down 1.7% at the end of March 2026, with inventories also down The China Iron and Steel Association (CISA) reported that at the end of March (March 21-31) this year, the average daily crude steel output of China's large and medium-sized steel mills - all CISA members - was 1.992 million tons, down 1.7% from mid-March (March 11-20) this year.In mid-March, the... 07.04.2026  12:00

• Indian coking coal imports increase by 12% in fiscal year 2025-26 India's coking coal imports through all the country's major ports in the fiscal year 2025-26 (April-March) have been provisionally estimated at 66.252 million tonnes, up 11.8% from February 2026, data received from the Indian Ports Association (IPA) showed on Tuesday, April 7.Domestic shipments in... 07.04.2026  11:00

• Japan's JFE Steel announces restructuring of its sheet metal business Japanese steelmaker JFE Steel Corporation has decided to restructure its sheet steel business as part of efforts to improve the sustainability and competitiveness of its domestic manufacturing operations in response to structural changes in the Japanese steel market.JFE Steel to consolidate sheet... 07.04.2026  11:00

• Inventories of key finished steel products in China fell 1.9 percent at the end of March 2026. On March 31 this year, the total domestic inventory of five major finished steel products in 21 major cities in China was 11.42 million tons, down 1.9 percent from March 20, as announced by the China Iron and Steel Association (CISA).Specifically, as of March 31, domestic inventory of HRC, CRC,... 07.04.2026  10:00

• HRP imports to Turkey fell by 23.7 percent in January-February 2026 In February this year, Turkey's hot rolled coil (HRC) imports totaled 369,822 metric tons, up 63.9 percent year-on-year and 190.8 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of these imports was $203.14 million, an... 07.04.2026  10:00