Metallurgy news
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Chiyoda Steel is close to launching Japan's first endless rebar rolling lineJapanese electric furnace-based rebar manufacturer Chiyoda Steel Industry has almost completed the construction of its new steelmaking and continuous casting facilities at the Ayase plant in Tokyo, aiming to launch Japan's first endless casting and rolling operation for rebar, according to local…
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Scrap metal exports from the United States in May 2026 increased by 16 percent compared to April.According to the latest data from the US International Trade Commission, US scrap metal exports totaled 1.16 million tons in May this year, up 16.0 percent month-on-month and down 5.7 percent year-on-year.Turkey was the largest recipient of US iron and scrap exports in May with 264,990 tons, up…
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U.</p><p>S. steel exports in May 2026 decreased by 0.6 percent compared to AprilAccording to export data from the US Department of Commerce, monthly steel exports in May this year decreased by 0.6 percent compared to April and increased by 4.6 percent year-on-year to 603,097 tons. In value terms, U.S. steel exports totaled $1.16 billion in May, compared with $1.15 billion in…
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IOC: The average price of rebar in China will remain stable from July 6 to July 12, 2026The Ministry of Commerce of China (MOC) announced that the average prices of finished steel in China moved sideways from July 6 to 12 this year.During this period, the average prices of rebar and medium thickness steel sheet remained stable every week.During the same period, the average prices of…
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Chinese real estate investment will continue to fall in the first half of 2026, with new construction falling by 23.4%.In the period from January to June of this year, the total volume of real estate investment in China amounted to 3,8074 trillion yuan (0.56 trillion US dollars), which is 18.0 percent less than last year, which is 1.8 percentage points faster than the decline recorded in the period from January to…
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Exports and imports of rebar in Brazil fell in June, Secex reportsAccording to Secex, the foreign trade secretariat of Brazil's Ministry of Development, Industry and Foreign Trade, Brazilian rebar exports totaled 23,800 metric tons (mt) in June and imports stood at 4,200 mt in the same month, down from 37,200 mt and 14,600 mt, respectively.The drop in exports was…
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Brazil's June crude steel production is broadly stable compared with 2025 productionCrude steel production in Brazil totaled 2.837 million metric tons (mt) in June, little changed from the 2.834 million mt produced in June 2025, according to the Brazilian Steel Institute IABR.In the same year, rolled steel output fell 8 percent to 1.832 million mt. Flat steel production fell 12.8…
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Alcoa increased its net profit 2.5 times in the second quarterThe American aluminum company Alcoa increased its net profit in the second quarter of 2026 by 2.5 times, revenue by 31%, to a record level for this period of the year.Revenue, however, did not meet market expectations, as did adjusted earnings. In addition, Alcoa lowered its annual forecast for…
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The production of coal and coke by the Polish company JSW decreased in the second quarter of 2026Polish coking coal producer Jastrzebska Spolka Weglowa SA (JSW) announced operating results for the second quarter of this year.In the quarter, the company's total coal production was 3.23 million tons, down 0.3 percent from the previous quarter and down 3.3 percent from the second quarter of 2025…
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V.</p><p>V. Stahl: The proposed reduction of the Climate and Transformation Fund threatens Germany's industrial competitivenessFollowing the presentation by the German federal government of the draft budget of the Climate and Transformation Fund (KTF) for 2027, the German Steel Federation (WV Stahl) warned that the proposed funding cuts could undermine the recently introduced measures to reduce energy prices and weaken…
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