Metallurgy news
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Heavy truck sales in China increased by 22 percent in January-June 2026According to preliminary data cvworld.cn , a Chinese provider of information services for the automotive industry, between January and June of this year, sales of heavy trucks (including chassis and tractors) in China totaled 660,000 units, up 22.0 percent from last year.In June alone, heavy truck…
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Japanese steel industry criticizes new EU import regime and trade measuresAccording to a joint statement released by the Japan Ferrous Metallurgy Federation, the Japan Special Steel Association, the Japan Stainless Steel Association, the Japan Wire Products Association and the Non-Integrated Steel Manufacturers Association, the new steel import regime in the European…
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Wholesale sales of NEVs in China in June 2026 are estimated at 1.51 million units.The China Passenger Car Association (CPCA) announced that wholesale sales of new energy vehicles (NEVs) in China are estimated at 1.51 million units in June this year, up 22 percent year-on-year and up 12 percent month-on-month, indicating a recovery in sales of new energy vehicles after a previous…
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MOC: The average price of rebar in China decreased by 0.6 percent on June 22-28, 2026The Chinese Ministry of Commerce (MOC) announced that in the period from June 22 to June 28 this year, average prices for finished steel in China decreased slightly.During this period, the average prices for high-speed wire rod, rebar and ordinary steel plate decreased by 0.6 percent, 0.6 percent…
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Zaporizhstal produced 1.44 million tons of steel in six monthsIn January-June of this year, the Zaporizhia Metallurgical Combine Zaporizhstal reduced the shipment of rolled products by 6.3% compared to the same period last year to 1 million 272.2 thousand tons from 1 million 317.5 thousand tons. 442.9 million tons (in January-June 2025 - 1 million 564.1…
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Cleveland Cliffs wins US defense contract worth $400 millionThe US War Department has published a notice of a contract worth up to $400 million, which was awarded to the American Cleveland-Cliffs Steel Corp. for the supply of Grain Oriented Electrical Steel (GOES) in its daily contract announcement dated July 1, 2026. The five-year, indefinite-delivery…
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Brazil calls US import tariff increases unjustifiedBrazilian Foreign Minister Mauro Vieira sent a 29-page letter to the United States Trade Representative (USTR), calling recent 25 percent import tariffs on imported pig iron and other steel products "unjustified." 301.As for specific claims, Vieira said the US Trade Representative has not proven…
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The number of drilling rigs in the USA is increasing, in Canada it is decreasing - Week 27, 2026.Baker Hughes reported that for the week ended July 2, 2026, the number of U.S. rotary drilling rigs increased by seven rigs for the week to 580.The number of gas production rigs increased by one to 126, and the number of oil production rigs increased by five to 445. The total number of U.S…
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Brazil criticizes EU's unilateral decision on steel imports to MercosurIn a joint statement, Brazil's Ministry of Foreign Affairs (MRE) and Industry, Trade and Services (MDIC) criticized new measures taken this week by the European Union (EU) to limit steel imports from Mercosur countries.The statement said the changes would limit access to the European market and…
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US releases final results of GCC sunset survey via wire mesh from MexicoThe U.S. Department of Commerce (DOC) has released the final results of its expedited first review of the countervailing duty (CVD) order on standard steel welded wire mesh (wire mesh) from Mexico, finding that withdrawal of the order would likely result in the continuation or resumption of…
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