Metallurgy news
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New car registrations in the EU grew by four percent in January-May 2026In May this year, new registrations of passenger cars in the EU increased by 3.2% year on year to 955,013 units, according to the European Automobile Manufacturers Association ACEA.The Spanish market (-0.8%) posted the only decline in the month, while Italy (+7.6%), France (+3.7%) and Germany…
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Global steel production decreased by 0.3 percent in May 2026Global steel production in May this year decreased by 0.3 percent year-on-year to 157.9 million tons, according to the World Steel Manufacturers Association (worldsteel).In the period from January to May of this year, global steel production decreased by 1.5 percent year-on-year to 773.1 million…
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The EBRD provided a loan of US$25 million to the Tashkent Pipe Plant for a modernization projectThe European Bank for Reconstruction and Development (EBRD) has announced that it has agreed to provide a US$25 million loan to Uzbekistan's Tashkent Pipe Plant (CHP) to support the company's modernization program and strengthen its production capabilities.According to the statement, the financing…
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South Korea has reached a broad consensus with the EU on the planned revision of steel import quotasSouth Korea has reached a broad consensus with the European Union on the bloc's planned revision of the quota system for steel imports, which is expected to put additional pressure on Korean steelmakers, according to South Korean Industry Minister Kim Jong-kwan.Speaking at a press briefing, Kim…
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India's NMDC limited has awarded RVNL a $317 million contract to build an iron ore buffer storage and mixing plant.Indian state-owned Rail Vikas Nigam limited (RVNL) has received a $317 million contract from Indian miner NMDC limited to develop and construct an iron ore buffer stockpile and blending plant in the southern port city of Visakhapatnam, according to company regulatory filings on Tuesday, June…
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Hoa Phat develops high-strength S700MC steel for automotive and heavy equipmentThe Vietnamese steel company Hoa Phat has announced the successful production of high-strength hot-rolled steel sheet S700MC, designed for load-bearing structures in vehicles and heavy industrial equipment.According to the statement, the development marks a further expansion of the portfolio of…
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China's HRP production fell 6.7 percent in January-May 2026According to the National Bureau of Statistics of China (NBS), in January-May this year, the production of HRC and CRC in China amounted to 88.541 million tons and 20.684 million tons, up 6.7% and 5.6% year on year, respectively.In May alone, the production of HRC and CRC in China amounted to…
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Exports of semi-finished products from China increased by 43.2 percent in January-May 2026According to the Chinese customs authorities, in January-May of this year, exports of semi-finished products from China amounted to 6.7541 million tons, which is 43.2 percent more than last year.In May alone, exports of semi-finished products from China totaled 1.8125 million tons, up 10.53 percent…
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U.S. crude steel production down 0.2 percent – Week 25 of 2026According to the American Iron and Steel Institute (AISI), for the week ended June 20, 2026, domestic crude steel production in the United States was 1.851 million net tons, and the capacity utilization rate was 80.2 percent.Production for the week ended June 20, 2026 decreased 0.2 percent compared…
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The US has published preliminary results of an AD audit via a PC line from SpainThe U.S. Department of Commerce (DOC) has released preliminary results of its administrative review of the anti-dumping duty (AD) order on prestressed concrete (PC) steel wire strands from Spain for the period June 1, 2024, through May 31, 2025.The Department of Commerce has tentatively determined…
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