Metallurgy news
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India's Steel Ministry is close to unveiling a $529 million financial package to reduce CO2 emissions in the steel sector.The Indian Ministry of Steel is close to finalizing a $529 million budget package to promote programs aimed at reducing carbon dioxide emissions in the steel sector and is likely to be unveiled within three months, government sources said on Tuesday, June 30.The fiscal package titled "National…
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Sandvik will supply equipment for the new LKAB sorting plant in SwedenSwedish engineering company Sandvik has announced it has received a major order worth approximately SEK 175 million to supply crushing and screening equipment for Swedish iron ore producer LKAB's new screening plant in Malmberget, Sweden.Under the contract, Sandvik will supply cone crushers…
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U.</p><p>S. roll plate imports decreased by 50.3 percent in April 2026 compared to MarchAccording to preliminary data from the U.S. Department of Commerce, imports of rolled steel products to the United States in April 2026 amounted to 36,028 tons, which is 50.3 percent less than in March and 36.7 percent less than in April 2025. In value terms, imports of rolled sheets totaled $25.96…
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Vietnam initiates sunset review of I-beam imports from ChinaVietnam's Ministry of Industry and Trade (MOIT) announced that it has begun a review of the anti-dumping duty (AD) on I-beams from China.The review, initiated at the request of local manufacturer Posco Yamato Vina Steel Joint Stock Company, aims to assess the impact of the AD duty to determine…
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TUIK: The cost of steel exports from Turkey decreased by 3.2 percent in January-May 2026According to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), in May this year, Turkey's foreign trade deficit decreased by 15.6 percent to $5.61 billion compared to May 2025. In the first five months of this year, Turkey's foreign trade deficit increased…
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China's transport FAI amounted to 1.1488 trillion yuan in January-May 2026Total fixed asset investment (FAI) in transportation in China was 1.1488 trillion yuan ($0.17 trillion), down 4.3 percent year on year, China's Ministry of Transport (MOT) announced.In particular, FAI in China's roads and waterways was 779.704 billion yuan ($114.5) billion) and 86.5455 billion…
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Shanxi Coking Coal's net Profit dropped by 61.37% in 2025Shanxi Province coal producer Shanxi Coking Coal Energy Group (Shanxi Coking Coal) announced that it recorded operating revenue of 37.155 billion yuan ($5.44 billion) in 2025, down 17.96% from the previous year, and net profit of 1.201 billion yuan ($0.17 billion) this year. this year, which is…
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Japan's steel exports decreased by 8.6 percent in January-May 2026According to customs statistics published by the Japanese Federation of Ferrous Metallurgy (JISF), in May of this year, exports of iron and steel products from Japan amounted to 2.38 million metric tons, an increase of 4.3 percent month-on-month, but a decrease of 5.7 percent year-on-year.In the…
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BHP, Rio Tinto and Caterpillar launch battery-electric dump truck trial in Support of Mining DecarbonizationBHP, Rio Tinto and Caterpillar have announced that they have begun the industry's first trials of two Cat® 793 XE Early Learner battery-electric dump trucks at BHP Jimblebar iron ore mine in the Pilbara region of Western Australia.The tests are conducted after three months of on-site testing and…
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Latin American steel production rose in April 2026, while rolled steel production remained weakThe Latin American Steel Association (Alacero) said Latin American crude steel production increased in April this year, while rolled steel production continued to decline, indicating persistent weakness in the downstream steel industry despite a slight increase in apparent consumption.Latin…
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