Metallurgy news
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ArcelorMittal is partnering with AWS to accelerate the transformation of steelmaking based on artificial intelligenceArcelorMittal has announced a strategic partnership with Amazon Web Services (AWS) aimed at accelerating industrial automation and digital transformation in its global operations through cloud computing, artificial intelligence (AI), and edge technologies.Under the agreement, ArcelorMittal will…
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Nippon Steel plans to invest EDP at Kosice steel plant in SlovakiaJapanese steel company Nippon Steel has submitted plans to Slovak authorities to build an electric arc furnace at its steel plant in Kosice in eastern Slovakia, according to local media reports.The planned electric arc furnace will have an annual production capacity of 1.5-2.1 million tons of…
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UK procurement reforms can support the domestic steel industry through safety-oriented procurementThe UK government has announced a new approach to procurement that will place greater emphasis on national security considerations when awarding government contracts, a policy that could have implications for domestic steel suppliers serving strategic industries.According to the Government, public…
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BCC warns that restrictions on steel imports to the UK could create a "cliff edge" for manufacturersThe British Chambers of Commerce (BCC) have called on the UK government to review planned changes to quotas and tariffs on steel imports, warning that these measures could have serious consequences for manufacturers, construction firms and engineering companies that depend on imported steel…
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Delays in green steel projects threaten global decarbonization goalsSteel industry associations warn that increasing delays to green steel projects and insufficient government support are jeopardizing efforts to decarbonize the global steel industry, according to a Reuters report.Speaking at an industry meeting in Singapore, representatives of the World Steel…
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Turkey's flat steel sector remains on guard amid price pressures and protectionist risksThe Market Talks event, organized by SteelOrbis at the Swissôtel The Bosphorus in Istanbul on 18 June 2026, brought together the sector with a record attendance of over 750 participants. Erdemir was the supporting company of the organization, while the sponsors were Ayba Makina, Seçkin Metal…
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Steel Dynamics expects to increase profits in the second quarter of 2026 due to improved performance in the steel segmentSteel Dynamics, Inc. has released a profit forecast for the second quarter of 2026, predicting stronger results for most of its business compared to the first quarter, led by improved productivity in the steel industry.Steel mills are expected to generate "significantly" higher profits, with…
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Exports of steel sheets/plates from China fell by 13.9 percent in January-May 2026According to Chinese customs authorities, China's steel sheet exports totaled 20.06 million tons in January-May this year, down 13.9 percent year-on-year, 2.7 percentage points slower than the decline recorded in the first four months of this year.In May alone, China's steel sheet exports totaled…
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Japan has made a preliminary decision to impose anti-dumping duties on stainless steel imports from China and Taiwan.The Ministry of Finance of Japan and the Ministry of Economy, Trade and Industry of Japan have made a preliminary decision to impose anti-dumping duties on imports of coils, sheets and strips of cold-rolled stainless steel with added nickel from China and Taiwan following an investigation launched…
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The second Liberty Galati auction failed as the debt burden weakens investor interestOn June 19, Liberty Galati failed to attract a buyer at the second auction, despite a significant reduction in the starting price. The auction was launched with the liquidation value of Liberty Galati at 444 million euros, compared with about 709 million euros in the first tender, while the total…
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