Metallurgy news

• Canada's Algoma Steel reports wider losses in first quarter of 2026 as EAF transition cuts supplies Algoma Steel Group Inc. announced financial results for the first three months of this year. The company reported a consolidated net loss of C$159.4 million for the first quarter, compared with a net loss of C$24.5 million in the previous quarter. Revenue was C$296.9 million, up from C$517.1... 14.05.2026  11:00

• Spain's Sidenor invests € 13.6 million in modernization of steel mill in Bazauri According to local media, Spanish specialty steel producer Sidenor is investing more than €13.6 million in decarbonization of its Basauri steel mill as part of its broader strategy for sustainable development and industrial modernization.The investments are aimed at electrification and energy e... 14.05.2026  11:00

• NBS: Rebar prices in China rose 2.4 percent in early May 2026 At the beginning of May (1-10 May) this year, the average price in China of HRB 400E 20mm rebar increased by RMB 78.3/mt ($11.4/mt) or 2.4 percent to RMB 3319.9/mt ($485/mt) compared to the price at the end of April (21-30 April), as announced by the National Bureau of Statistics China.During this... 14.05.2026  10:00

• US releases preliminary AD test results on stainless steel bars from India The U.S. Department of Commerce (DOC) has announced the preliminary results of its administrative antidumping duty (AD) review of stainless steel ingots from India for the review period (POR) of February 1, 2024, through January 31, 2025.The review covers eight manufacturers/exporters of the items... 14.05.2026  02:00

• The United States has published preliminary results of a review of cardiovascular diseases on OCTG from South Korea The U.S. Department of Commerce (DOC) has announced the preliminary results of the administrative Countervailing Duty (CVD) inspection of oil country pipe products (OCTG) from South Korea for the inspection period (POR) from January 1, 2023 to December 31, 2023.The Commerce Department has... 14.05.2026  02:00

• US releases preliminary AD inspection results on some round pipes from South Korea The U.S. Department of Commerce (DOC) announced the preliminary results of its administrative review of anti-dumping duty (AD) on non-alloy round steel welded pipe (CWP) from South Korea for the period of review (POR) from November 1, 2023 to October 31, 2024.The U.S. Department of Commerce has... 14.05.2026  01:00

• The US has released preliminary results of the OCTG AD check from Mexico The U.S. Department of Commerce (DOC) announced the preliminary results of the administrative review of the anti-dumping duty (AD) on certain oil country pipe products (OCTG) from Mexico for the review period (POR) from November 1, 2023 to October 31, 2024.The Commerce Department has preliminarily... 14.05.2026  01:00

• Chile's Grupo CAP reports larger consolidated net loss in first quarter of 2026 Chilean iron ore producer Grupo CAP reported a net loss of $17.207 million for the first quarter of 2026, compared to a net loss of $15.055 million in the same period a year earlier.Administrative expenses of $30.454 million and financial expenses of $35.882 million were the main factors in the... 14.05.2026  00:00

• Vale updates financial estimates of its iron ore mining business based on the conflict model in the Middle East Brazilian mining company Vale has adjusted its financial outlook for 2026 to reflect prevailing market conditions resulting from the conflict in the Middle East, the company said in a statement today.The company estimates an increase in free cash flow from its iron ore business of approximately... 14.05.2026  00:00

• US publishes preliminary results of cardiovascular disease study on CTL plate from South Korea The U.S. Department of Commerce (DOC) announced the preliminary results of an administrative review of the countervailing duty (CVD) of certain carbon steel cut-off (CTL) sections from South Korea for the review period (POR) of January 1, 2024, through December 31, 2024.The Department of Commerce... 13.05.2026  23:00