Metallurgy news
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Australia expects iron ore exports to peak and then decline due to weakening demand in ChinaAustralia remains the world's largest holder of iron ore resources and the largest producer, exporting 923 million tons of iron ore in 2025, according to a quarterly forecast report from the Australian Ministry of Industry, Science and Resources.Although export volumes are expected to increase in…
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Fenix Resources reports record quarterly iron ore production in the June quarter of 2026The Australian mining company Fenix Resources Limited has published a quarterly report for the three months ended June 30 this year. In this quarter, the company produced about 1.29 million tons of iron ore, which is 70.9 percent more than a year earlier. The company reached a record production…
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Freight traffic on China's Daqin Railway increased by 7.96 percent in the first half of 2026The volume of freight traffic on the Daqing Railway in China in the period from January to June this year amounted to 204 million tons, which is 7.96 percent more than last year.In June alone, the volume of freight traffic on the Daqing Railway amounted to 36.89 million tons, which is 13.79 percent…
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Toyota will invest $3.6 billion in Texas plant, expand production capacityJapanese automaker Toyota Motor Corporation announced a $3.6 billion investment in its vehicle manufacturing plant in San Antonio, Texas, including the construction of a second assembly line to expand production capacity.The new investment is intended to strengthen Toyota's North American…
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The Committee of the European Parliament supports the expansion of CBAM and the Temporary Decarbonization FundThe European Parliament's Committee on Environment, Climate and Food Safety (ENVI) has adopted its position on the proposed changes to the Carbon Boundary Adjustment Mechanism (CBAM), supporting the extension of the mechanism to processed products and approving the establishment of an Interim…
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India's Ministry of Emergency Situations issues notification setting greenhouse gas emission targets for iron and steel industryIndia's Ministry of Environment, Forest and Climate Change (MoEFCC) has issued a draft notification setting greenhouse gas emission targets for the iron and steel sector and aligning them with the country's carbon credit trading system (CCTS), a government official said on Wednesday, July 8, citing…
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EAEU extends AD measures for stainless seamless pipes from UkraineThe Eurasian Economic Commission (EEC), the executive body of the Eurasian Economic Union (EAEU), which includes Belarus, Kazakhstan, Kyrgyzstan, Russia and Armenia, announced the extension of the anti-dumping duty on seamless corrosion-resistant stainless steel pipes from Ukraine until April 29…
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China claims 85% of new shipbuilding orders worldwide in June 2026In June, China attracted 85 percent of new shipbuilding orders (4.45 million CGT, 171 vessels) worldwide, ranking first in the global market for the 15th month in a row, while South Korea claimed a 9 percent share (0.5 million CGT), ranking second, according to data released by Clarksons, the…
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Shandong Shouguang Juneng Special Steel to build new 130-meter EDPThe Department of Industry and Information Technology of Shandong Province of China has announced that, in accordance with the requirements of the Iron and Steel Industry Capacity Substitution Measure, the capacity substitution plan for the new 130-meter Electric arc Furnace (EAF) project of…
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EU initiates shelf life verification of hot-rolled flat products from TurkeyThe European Commission has announced the beginning of a review of the anti-dumping duties on imports of some hot-rolled flat products made of iron, non-alloy or other alloy steel from Turkey.Accordingly, the EC decided to initiate a review after EUROFER submitted a review request on April 1, 2026…
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