Metallurgy news
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Producer prices in the eurozone industry increased by 1.6% in July 2026 compared with JuneIn July of this year, industrial producer prices increased by 1.6 percent in the euro area and by 1.4 percent in the 27 EU countries compared to June.Industrial producer prices decreased by 0.3 percent in the euro area and 0.2 percent in the EU in June. In July of this year, compared with July…
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WV Stahl warns that cutting railway financing could increase costs for the German steel industryA broad alliance of German companies, trade unions and civil society organizations has called on the German federal government to ensure reliable long-term financing for the country's railway infrastructure, warning that planned budget cuts could further exacerbate disruptions in industrial supply…
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NBS: At the end of August 2026, rebar prices in China increased by 2.2%At the end of August this year, the average price of 20mm HRB 400E rebar in China increased by 67.4 yuan per ton, or 2.2%, to 3130.3 yuan per ton compared to mid-August, when it was 3062.9 yuan per ton, the National Bureau of Statistics of China reported. During the same period, the average prices…
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MOC: Average steel prices in China will rise slightly from August 24 to August 30, 2026The Ministry of Commerce of China (MOC) announced that in the period from August 24 to August 30 this year, average prices for finished steel products in China increased slightly.During the specified period, average prices for rebar, high-speed wire rod and hot-rolled steel strip increased by 0.9%…
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Canadian steelmakers urge Ottawa to strengthen worker support before imposing counter tariffsMarty Warren, National Director of the United Steelworkers Union (USW), met with Canadian Prime Minister Mark Carney on September 1 to discuss the impact that U.S. tariffs have had and will have on the Canadian steel industry when the new counter tariffs take effect on September 8. The purpose of…
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The United States is reviewing the final results of the antidumping investigation into hot-rolled steel from Japan by court order.The U.S. Department of Commerce (DOC) has announced the amended final results of the administrative review of the Anti-dumping Duty (AD) order on certain hot-rolled flat steel products (hot-rolled steel) from Japan for the period from October 1, 2018 to September 30, 2019.DOC amends the final…
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Rates for the transportation of iron ore from Brazil to China rose to a multi-year high amid strong fundamental factorsThe Tubarao-Qingdao freight rate, a key indicator for the supply of iron ore from Brazil to China, has risen to the highest level in recent years.Banchero Costa, a shipping broker, reported that the rate reached $38.36 per metric ton this week, an increase of 57 percent from the same period a year…
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CSN Executive Director resigns, former Vale CEO appointed in his placeBenjamin Steinbruch has resigned as CEO of the Brazilian steel and iron ore company Companhia Siderúrgica Nacional (CSN) after 25 years in this position.Steinbruch, the main shareholder of the company, will be replaced by Fabio Schwartzman, former CEO of the Vale mining company. Schwarzman led Vale…
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Algoma Steel resumes production in the electric steelmaking workshop under temporary energy agreementsCanadian steel company Algoma Steel Group Inc. announced on September 2 that it had resumed operation of electric arc furnaces at its plant in Sault Ste Marie, Ontario, despite the fact that the turbine that caused an unplanned power outage at the Lake Superior Power plant (LSP) last month, It…
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In Canada, prices for manufactured goods will rise in July 2026, while prices for raw materials will decrease.According to Statistics Canada, prices of goods produced in Canada, as measured by the Industrial Goods Price Index (IPPI), rose 0.6 percent month-on-month in July and increased 12.4 percent year-on-year. The prices of raw materials purchased by producers operating in Canada, according to the…
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