Metallurgy news
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Voestalpine promotes the construction of a new electric exchange plant in DonavicaThe Austrian steel company voestalpine has announced the completion of its new electric arc furnace production facility at the Donavice plant, where the key components of two furnaces, EAF 1 and EAF 2, have already been installed.According to the company, the lower part and the upper containers of…
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Japan's steel exports decreased by 6.7% in January—July 2026%According to customs statistics released by the Japan Federation of Ferrous Metallurgy (JISF), in July this year, Japanese exports of pig iron and steel totaled 2.49 million metric tons, down 2.8 percent month-on-month and 5.3 percent year-on-year.In the period from January to July of this year…
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Von der Leyen: EU to keep free ETS quotas after 2030 for companies that reduce emissionsEuropean Commission President Ursula von der Leyen said that the European Commission proposes to maintain free quotas under the EU's Emissions Trading System (ETS) after 2030 for companies investing in decarbonization, as part of efforts to strengthen the competitiveness of European industry while…
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Anyang Steel made a net loss of 1,181 billion yuan in January–June 2026Anyang Iron and Steel Co., Ltd, a Chinese steel company based in Henan Province. Anyang Steel announced that its net loss for January-June of this year was 1.181 billion yuan ($0.17 billion), compared with a net profit of 38.0583 million yuan recorded in the same period last year.For the specified…
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UK Steel named four autumn budget priorities for increasing domestic steel productionThe UK-based trade association UK Steel has identified four priorities for the autumn budget as it seeks government support to strengthen domestic steel production and reduce the country's heavy reliance on steel imports.The association is calling for action on industrial electricity prices…
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India's GAIL has reopened its pellet production plant after the July shutdownIndia's Godavari Power and Ispat Limited (GPIL) has reopened its 2 million tons per year iron ore pellet production plant located in the central state of Chhattisgarh, according to an official company statement released on Monday, August 31. pellet production was temporarily halted in July…
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Xining Special Steel suffered a net loss of 311 million yuan in January–June 2026Chinese steel manufacturer Xining Special Steel, based in Qinghai Province, announced that its net loss for the period from January to June this year was 311 million yuan ($45.9 million), compared with a net loss of 235 million yuan recorded in the same period last year.During the specified period…
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Due to changes in legislation, Vale will be able to increase iron ore production by 50 million tons by 2026.Vale, a Brazilian mining company that claims access to the vast iron ore reserves in northern Brazil, could increase its annual production capacity by 50 million tons of iron ore by 2026, which is currently projected at 330-345 million tons. a recent interview with Gustavo Pimenta, CEO of the…
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In June 2026, exports of drawn wire from the United States increased by 2.2% compared to MayAccording to the export data of the US Department of Commerce, in June of this year, the export of drawn wire from the United States amounted to 7,411 tons. This is 2.2% more than a month earlier, and 17.4% more in annual terms. In monetary terms, the supply of drawn wire in June amounted to $20.04…
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Imports of rolled steel from the United States in June 2026 decreased by 18.2% compared to MayAccording to preliminary census data conducted by the US Department of Commerce, imports of rolled steel products in the United States in June this year amounted to 52,611 tons, which is 18.2% less than in May and 37.5% less than in June 2025. In value terms, imports of rolled steel products in…
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