Metallurgy news
-
Steel production in Mexico will grow by 5.2 percent in January-May 2026Finished steel production in Mexico increased by 5.2 percent in January-May this year to 7.61 million tons from 7.2 million tons in the same period in 2025, according to the country's National Chamber of Ferrous Metallurgy (CANACERO). In May, finished steel production increased by 18.1 percent to…
-
Car production in Argentina fell 1.94 percent in June compared to May.According to the Argentine vehicle manufacturers' association ADEFA, the country produced 37,029 units (passenger cars and light commercial vehicles) in June, up from 37,762 units in May.Exports fell 11.3 percent to 22,373 units, while domestic sales rose 22.6 percent to 44,096 units, of which…
-
Malaysia's steel industry expresses concern about tougher EU import regimeThe Federation of Metallurgical Industries of Malaysia (MISIF) has expressed concern about increased trade restrictions affecting Malaysian steel exports, calling on Malaysian producers to receive fair and equitable treatment as governments step up measures to address global steel…
-
African Industries to build Nigeria's largest solar-powered steel millAccording to media reports, Nigerian-based steel company African Industries Group has acquired 500 hectares of land in the Nigerian state of Niger to build what is expected to be the country's largest solar-powered steel mill.The land allocation was approved by the Government of Niger State as part…
-
Potential strike at BHP's Port Hedland facilities threatens iron ore exportsHundreds of workers at the Australian mining company BHP's Port Hedland iron ore facility in Western Australia may stage an eight-hour work stoppage on July 16, after six months of unsuccessful negotiations on a new four-year labor agreement, according to union officials, according to a Reuters…
-
IMF: Global economy to grow by three percent in 2026 due to war and rising energy pricesAccording to data from the International Monetary Fund (IMF) for July 2026, global economic growth is projected at three percent in 2026 and 3.4 percent in 2027, compared with an average of 3.5 percent in 2024-2025.The IMF said the slowdown reflected the negative impact of the war in the Middle…
-
Severstal may cut investments by 24% in 2027 amid weak demand for steelRussian steelmaker Severstal may cut its 2027 investment program by another 24 percent, to about 85 billion rubles ($1.1 billion), as a result of weaker demand for steel, according to Russian media reports.The planned cuts are intended to help the company maintain positive free cash flow. The…
-
IREPAS: The global long position market is in danger of further decline, although geopolitical shifts may signal a turning pointAccording to the latest report published by IREPAS, the global association of long products exporters and manufacturers, the global business environment in the long products sector has experienced another downturn: growing difficulties are compounding market difficulties. However, the apparent…
-
Greensteel Australia to build the country's first all-electric steel millThe Australian steel company Greensteel Australia has announced that it will invest 500 million Australian dollars in the construction of the country's first new steel mill in more than 30 years. The company has acquired a 70,000 square meter site in Mayfield North and plans to start work on the…
-
Eclant will launch Russia's first large-capacity DRI-EAF steel mill in the fourth quarter of 2026The Russian company Eclant has announced that it has presented its green steel project at the Innoprom exhibition in Yekaterinburg. The plant, currently under construction in Vyksa, Nizhny Novgorod region, is scheduled to begin in the fourth quarter of 2026.According to the company, the project…
Pages
← previous
next →
