Metallurgy news
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ArcelorMittal calls on EU to extend CBAM and TRQ to downstream steel productsArcelorMittal welcomed the introduction of the Carbon Border Adjustment Mechanism (CBAM) in January 2026 and changes to the EU Tariff Rate Quota (TRQ) system in July 2026, calling them an important first step towards creating a more level playing field for the European low-carbon steel industry…
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EU steelmakers welcome new quota system, UK industry warns of problems with market accessThe recently announced EU trade measure, which replaces the previous protective regime with a stricter tariff quota system, has attracted widespread support from European steel producers, who see its introduction as a necessary response to global overcapacity and import pressure, while…
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The value of exports of non-ferrous metals from South Africa decreased by 11.4 percent in January-May 2026.According to data released by the South African Revenue Service (SARS), in May of this year, the value of exports of base metals and products made from them from South Africa amounted to 14.17 billion South African rand (832.75 million dollars), which is 11.3 percent more than in April. In the…
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Ukrainian scrap collectors are calling on the government to lift the export ban and offer an EU quota of 200,000 tons.Ukrainian ferrous scrap collectors have called on the government to lift the country's de facto ban on scrap exports and replace it with an annual export quota of 200,000 tons to the EU, arguing that current restrictions are damaging the refining sector, reducing tax revenues and limiting foreign…
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European steelmakers call on EU to maintain ETS as €10bn decarbonisation investment continuesThe European steel industry has called on EU institutions to preserve the integrity of the EU Emissions Trading System (ETS) and strengthen the Carbon Border Adjustment Mechanism (CBAM), warning that current investment decisions will determine whether steel production, jobs and industrial value…
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Turkey's scrap metal imports decreased in January-May 2026 as the United States overtook the NetherlandsIn May of this year, the volume of scrap imports to Turkey decreased by 20.2 percent month-on-month and 7.0 percent year-on-year to 1.49 million tons, according to data provided by the Turkish Statistical Institute (TUIK). The value of these imports amounted to $593.95 million, a decrease of 5.6%…
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EUROFER: EU automotive sector to remain weak in 2026, steel pipe production to rise slightlyAccording to the Economic and Steel Market Outlook 2026-2027/Q2 2026 of the Economic Committee of the European Steel Association (EUROFER), production in the EU automotive sector is expected to remain under pressure in 2026, while the steel pipe sector is forecast to see only limited growth amid a…
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EU steel import quotas have been exhausted for Turkey, South Korea, China and other countries as of the end of the second quarter of 2026.On the last day of the last month of the EU quota period from April 1 to June 30, according to the European Commission, some import quotas for certain steel products allocated to India, Turkey and "other countries" were exceeded.With regard to exceeded quotas, Turkey exceeded quotas of 398,355 tons…
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Argentina's steel production rose across the board in May compared to April.Acero Argentino (AA), Argentina's steel chamber, reported that the country's steel production reached 399,400 metric tons (mt) in May, up from 387,400 mt in April.In a similar comparative analysis, HRC production rose 48.5 percent to 192,000 mt, CRC production increased 8.5 percent to 102 500…
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EU sets CSQ allocations under post-lockdown regimeThe European Commission has announced that it has developed a detailed allocation of tariff quotas across countries under the EU's new steel trading regime. The total annual tariff quota volume of 18.35 million tons will be distributed across 26 categories of steel products, replacing the previous…
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