Metallurgy news

• Canada's iron and steel imports fell by 61.2 in January 2026 According to Statistics Canada, the country's iron and steel imports totaled 1.38 million tonnes in January 2026, down 61.2 percent from last year. In value terms, iron and steel imports totaled $755.39 million in January 2026, up from $884.85 million in the same month in 2025.Canada imported the... 02.04.2026  17:00

• UNCTAD: Violations in the Strait of Hormuz are driving up energy prices, freight and global trade According to the United Nations Conference on Trade and Development (UNCTAD), ongoing geopolitical tensions in the Strait of Hormuz have led to serious disruptions to global maritime trade, with serious implications for energy markets, freight costs and supply chains.UNCTAD said the Strait of... 02.04.2026  16:00

• The value of South African non-ferrous metals exports fell by 20.7 percent in January-February 2026 According to data released by the South African Revenue Service (SARS), in February this year the value of exports of base metals and metal products from South Africa was 14.69 billion South African rand ($863 million), up 15.8 percent from January. In January-February, the value of South Africa's... 02.04.2026  16:00

• Wood Mackenzie: Simandou will change the dynamics of the global iron ore market According to Scottish energy research and consultancy Wood Mackenzie, the Simandou iron ore project in Guinea will mark a major shift in the global marine iron ore market, positioning it as a key driver of long-term supply growth.The project is expected to begin exporting around 16 million tonnes... 02.04.2026  15:00

• Ferrexpo warns of liquidity risks amid delays in VAT refunds Swiss mining company Ferrexpo, whose main interests are in Ukrainian iron ore assets, has provided an update on its current trading. The company reported continued financial pressure as it manages costs and liquidity amid ongoing operational challenges, with outstanding VAT refunds reaching... 02.04.2026  15:00

• SteelWatch: Global steel producers are not ready for a near-zero emissions transition A new assessment by international civil society organization SteelWatch has found that none of the world's largest steel producers are currently ready to transition to near-zero emissions production, despite widespread climate commitments.SteelWatch's corporate scorecard assessed 18 leading steel... 02.04.2026  14:00

• Gestamp and Iberdrola sign an agreement on renewable energy sources for European plants Spanish automotive components manufacturer Gestamp has announced the signing of a 10-year renewable power purchase agreement with Spanish energy producer Iberdrola to supply electricity to Gestamp's manufacturing facilities across Europe.Under the agreement, Iberdrola will supply 660,000 MWh of 100... 02.04.2026  14:00

• Henkel uses bluemint steel packaging from Thyssenkrupp to reduce carbon emissions German packaging steel manufacturer Thyssenkrupp Rasselstein GmbH, a subsidiary of German steel manufacturer Thyssenkrupp, announced that it is supporting German multinational chemical and consumer products company Henkel in reducing the carbon footprint of its packaging by supplying bluemint ® ... 02.04.2026  13:00

• The American company Mesabi Metallics has raised $520 million in funding for a major iron ore mining project. US company Mesabi Metallics, part of India's Essar group, has partnered with Vitol to secure a $520 million credit facility from Breakwall Capital and Valor Mining Credit Partners II as it moves into commercial operations in the third quarter of the year.DR strategic iron ore project in... 02.04.2026  13:00

• ArcelorMittal France produces first coil at electrical steel plant Mardyck ArcelorMittal France has announced the successful production of the first industrial coil from its new electrical steel production line at the Mardyck site in northern France, marking the start of operations and a key milestone in the commissioning phase. The first coil, produced on March 26, 2026,... 02.04.2026  12:00