Metallurgy news
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Indian, Canadian officials discuss critical mining cooperationAn Indian minister has held talks with Canadian officials to expand key mining cooperation, the Indian government said, amid strained diplomatic relations between the two countries. India's Coal and Mines Minister Pralhad Joshi "has decided to strengthen the supply chain for critical minerals" in…
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UK government agrees support package for Tata SteelTata Steel has received a £500 million support package to secure the future of the Port Talbot steelworks. Unions say the deal will be "devastating" as around 3,000 workers are expected to lose their jobs. India's Tata group, which owns a huge steel plant in South Wales - the UK's largest - is also…
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Baosteel: China to limit steel production this yearAccording to the report, China's state-owned steelmaker Baosteel said the Chinese government will continue to curtail steel production this year to meet the country's goal of zero-carbon growth in the sector within two years. Wu Xiaodi, general manager of Baosteel, noted that the policy of…
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UK Steel welcomes extension of anti-dumping and countervailing measuresAnti-dumping and countervailing measures against Chinese HRC imports remain in effect until April 2027. Anti-dumping measures against imports from Brazil, Iran and Russia remain until October 2027. The Association supports the lifting of restrictions on Ukrainian imports The UK steel industry…
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Billet prices in Tangshan have risen slightlyTangshan billet prices in northern China's Hebei province are estimated by Mysteel to have rebounded slightly from losses in the previous three weeks, market watchers said. As of Aug. 27, the billet price in Q235 at Tangshan rose to 3,510 yuan per tonne ($481.2 per tonne) EXW, including 13% VAT…
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Credit insurance company Atradius expresses concern over German steelAtradius, the world's second largest credit insurer, has noted the weakening of the German steel industry this year and sees ongoing challenges with the overall industrial transformation. German branch Atradius notes that the results and forecasts of factories and consumers have become more vague…
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Prospects for long steel market in Poland after summer are bleak amid slow constructionRebar Fastmarkets weekly valuation of steel rebar (rebar) in the domestic market, without delivery to Poland, was PLN 2630-2650 (USD 637-642) per ton and has not changed since August 18. There was still limited trading in the Polish rebar market and sources did not expect prices to recover in…
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Ukraine introduced duties on coated steel made in ChinaUkraine has introduced final anti-dumping measures against imported coated carbon steel products from China. The duties will take effect on August 12, Callanish notes. This decision followed an investigation initiated by the Interdepartmental Commission on International Trade of Ukraine in response…
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Turkish steelmaker Toscelik to build zinc refineryTurkish flat steel and profile steel maker Toscelik plans to build a 100,000-tonne-per-year zinc processing plant, according to a document submitted to the Ministry of Environment and Climate Change on August 16. The plant will be built in Osmaniye in southeastern Turkey, home to EAF-based…
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Salzgitter Flachstahl's main blast furnace will be shut downGerman steelmaker Salzgitter said Aug. 16 that the downtime of the main blast furnace at its Salzgitter Flachstahl flat steel plant will last 100 days, with the mill's main furnace expected to be operational again sometime in November/December. Flachstahl in Salzgitter, Lower Saxony, earlier this…
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