Metallurgy news

• EU steel industry calls for urgent action to protect jobs, competitiveness and transition The European steel industry is at a critical juncture, threatened by unfair trade practices, record global overcapacity, and uncompetitive energy costs. At today's extraordinary social steel summit in Brussels, the European Steel Industry Association (EUROFER) and the European Federation of Trade... 01.10.2025  18:00

• The EU will halve quvits for steel imports and increase tariffs to 50% in the new trading package According to Reuters, the EU is preparing to reduce quotas for steel imports and double the tariffs for excess volumes to 50 percent, which is aimed at protecting the EU steel industry from the global excess of capacities and subsidized imports, especially from China. New measures that are... 01.10.2025  17:00

• Algoma Steel provides government support to resist U. S. tariffs and accelerate transition to EDP The Canadian steel company Algoma Steel Group Inc. announced that it has received a major financial boost of 500 million Canadian dollars in the form of liquidity support from the Canadian federal government and the government of the province of Ontario. This funding aims to provide Algoma with the... 01.10.2025  17:00

• The United States acquired a stake in Lithium Americas Earlier, Trump and the US Secretary of Commerce announced that the administration would buy shares in companies if they needed help (like a deal with Intel). The U.S. government has acquired a 5% stake in Canadian lithium producer Lithium Americas, as well as a 5% stake in the Thacker Pass Nevada... 01.10.2025  17:00

• Canada initiates the review of AD on imports of welded pipes from four countries The Canadian Frontier Service Agency (CBSA) announced that it initiated an administrative review to update the normal values ​​and export prices of some welded pipes made of carbon steel, which are taking place or imported from Pakistan, Filippin, Turkey and Vietnam. , according to the exporters d... 01.10.2025  16:00

• ArcelorMittal Acindar shuts down Villa Constitución plant amid weak steel demand According to local media reports, the Argentine steel company ArcelorMittal Acindar announced a temporary week-long work stoppage at its Villa Constitución plant in response to the ongoing deterioration in domestic steel demand.The suspension affects the release of the rental and will be valid ... 01.10.2025  16:00

• East Pipes, based in Saudi Arabia, has concluded a contract for the supply of steel pipes of the Indian company Welspun According to the application on the Saudi Stock Exchange, the East Pipes Saudi Pipes manufacturer issued an order for the supply of steel pipes to the Indian manufacturer Welspun Corp limited (WCL) in the amount of 173.2 million Ryalov ($ 46.1 million). It is expected that the supply of WCL will... 01.10.2025  15:00

• Mitsubishi Power to supply GTCC plant to Jiangsu Lihuai Steel for decarbonization Japanese energy solutions supplier Mitsubishi Power has announced the receipt of an order for a 100 MW combined cycle gas turbine power plant (GTCC) for Jiangsu Lihuai Steel Co., Ltd., a subsidiary of Jiangsu Shagang Group, one of the largest steel producers in China.This order represents the first... 01.10.2025  15:00

• The cost of export of base metals from South Africa decreased by 20.3 percent in January-August 2025 According to data published by the South African Tax Service (SARS), in August of this year, the cost of exports of South African non -ferrous metals and products from them amounted to 11.62 billion South African Rials ($ 674.59 million), which is 22.2% less than in July. In the period from... 01.10.2025  14:00

• The Industrial Development Corporation is considering taking control of ArcelorMittal South Africa According to media reports, the Industrial Development Corporation (IDC) of South Africa is evaluating an offer worth 8.5 billion South African rials ($493.65 million) to acquire control of ArcelorMittal South Africa (AMSA), the country's largest steel producer.The deal will include the assumption... 01.10.2025  14:00