Metallurgy news

• Canadian Steel Producers Call for U. S. steel Tariffs to be lifted Ahead of USMCA Review The Canadian Steel Manufacturers Association (CSPA) marked the one-year anniversary of the introduction of the 50% U.S. Section 232 tariff on Canadian steel exports, calling the measure "serious and unsustainable" and calling on both countries to eliminate tariffs and refocus on strengthening the... 08.06.2026  11:00

• Rig count increase in US and Canada - Week 23 of 2026 Baker Hughes reported that for the week ended June 5, 2026, the number of U.S. rotary drilling rigs increased by one rig for the week to 563.The number of gas production rigs decreased by one to 124, and the number of oil production rigs increased by two to 431. The total number of U.S. drilling... 06.06.2026  00:00

• Canadian iron ore production rose 9.9 percent in March According to Statistics Canada, Canada produced 5,077,787 tonnes of iron ore concentrates in March 2026, up 9.9 per cent from February 2026 and 7.7 per cent less than March 2025.Canadian iron ore producers shipped 3,448,706 tonnes of iron ore in March concentrates, which is 21.6 percent more than... 05.06.2026  19:00

• The value of French steel exports fell by 1.9 percent in the first quarter of 2026. According to statistics published by the French Ministry of Economy, Finance and Industry, between January and March this year, exports of major steel and ferroalloys from France amounted to 2.37 billion euros, down 1.9 percent year on year.During the period, France exported steel pipes and tubes... 05.06.2026  18:00

• The cost of steel imports to France decreased by 2.1 percent in the first quarter of 2026 According to statistics published by the French Ministry of Economy, Finance and Industry, in January-March of this year, imports of basic steel products and ferroalloys to France amounted to 2.31 billion euros, a decrease of 2.1 percent year-on-year.During the specified period, France imported... 05.06.2026  18:00

• Metinvest-Shipping received UAH 165 million in profit in 2025 Metinvest-Shipping, the logistics division of the Metinvest Group, made a net profit of UAH 32.945 million in January-March of this year, compared with a net loss of UAH 32.944 million for the same period last year.For the intermediate agent, income from ordinary activities decreased by 5.1% during... 05.06.2026  18:00

• Worthington Steel has completed the acquisition of a majority stake in Klöckner & Co. American steel company Worthington Steel, Inc. announced the successful completion of its voluntary public takeover of German steel distributor and metal processing company Klöckner & Co SE.Following the satisfaction of all closing conditions, Worthington Steel has acquired approximately 62 percent ... 05.06.2026  17:00

• IREPAS: The global long position market is stable, but fragmented due to changing trading patterns and regional differences According to the latest report from IREPAS, the global association of long products exporters and manufacturers, the overall business environment in the global long products market remains relatively stable, but regional differences are more pronounced than ever. Protectionist measures in the... 05.06.2026  17:00

• Brazil's iron ore exports will fall by 19 percent as shipments to China fall in May 2026 Brazilian iron ore exports (excluding pellets) reached 25.58 million tons in May this year, up from 31.71 million tons in April, according to Secex, the foreign trade secretariat of the Ministry of Development, Industry and Foreign Trade.The decline mainly reflects lower exports to China - 20.562... 05.06.2026  16:00

• Colombia's iron and steel exports decreased by 42.2% in January-April 2026% In the first four months of this year, Colombia exported 21,648 tons of ferronickel, which is 51.9 percent lower, worth $67.27 million, a decrease of 55.3 percent year-on-year, as announced by the National Administrative Department of Statistics of Colombia (DANE). In April alone, Colombian... 05.06.2026  16:00