Metallurgy news
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India considers withdrawal of FTA concessions as a response to the UK's plans to introduce guarantees on steel importsThe Indian government is considering revoking tariff concessions granted in the recently concluded Free Trade Agreement (FTA) signed with the UK in response to the latter's protective duties on steel imports, which will affect the supply of steel products from India to the UK, Indian government…
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Annual performance of the Chilean economy declined in AprilChile's central bank reported that the country's economy contracted 1.2 percent in April 2026 compared with April 2025, as measured by the IMACEC index, Chile's key economic indicator.Goods production fell 5.4 percent, mining activity fell 11.8 percent, manufacturing fell 0.4 percent, trade…
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IEA: Middle East crisis is changing global energy investment prioritiesThe International Energy Agency (IEA) has warned that ongoing conflict in the Middle East and the de facto closure of the Strait of Hormuz are changing global energy investment strategies, prompting governments and companies to place greater emphasis on energy security, supply diversification and…
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The value of exports of non-ferrous metals from South Africa decreased by 12.8 percent in January-April 2026.According to data released by the South African Revenue Service (SARS), in April of this year, the value of exports of base metals and products made from them from South Africa amounted to 12.70 billion South African rand (745.97 million dollars), which is 6.2 percent less than in March. In the…
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Zaporizhcox produced 77.7 thousand tons of coke in MayPJSC Zaporizhcoks, one of Ukraine's largest producers of coke chemical products belonging to the Metinvest Group, increased blast furnace coke production by 0.4% in January-May of this year compared to the same period last year to 359.4 thousand tons. coke, in the previous month – 75 thousand tons…
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UNECA warns CBAM could undermine Africa's industrialization effortsThe United Nations Economic Commission for Africa (UNECA) has criticized the European Union's Carbon Border Management Mechanism (CBAM), arguing that African countries have been largely excluded from policy design and implementation, despite the potential implications for the continent's industrial…
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Taiwan imposes temporary AD duties on electrical steel from South Korea and ChinaThe Taiwan Customs Administration under the Ministry of Finance announced that preliminary anti-dumping duties on imports of cold-rolled flat undirected electrical steel from South Korea and China will be introduced for four months from June 8, 2026.According to the Customs Administration, the…
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Metinvest Sich Steel increased its net loss by 9.4% in the first quarterMetinvest Sichstal LLC (MSS, Zaporozhye) in January-March of this year increased its net loss by 9.4% compared to the same period last year - to UAH 10.209 billion from UAH 9.333 million.Ordinary activities during this period increased by 39.3% - to UAH 250.413 million from UAH 179.806 million.The…
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Ukraine extends AD duty on seamless hot-deformed steel pipes from ChinaThe Interdepartmental Commission on International Trade (ICIT) of Ukraine announced the results of a review of the validity period of the anti-dumping duty (AD), which was initiated at the request of the domestic manufacturer "Interpipe Nico Tube" on seamless hot-deformed steel pipes from…
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Car sales in Turkey fell by 7.4 percent in January-May 2026In May of this year, sales of passenger cars and light commercial vehicles in Turkey decreased by 20.0 percent month-on-month and 22.6 percent year-on-year to 83,442 units, according to statistics released by the Turkish Automobile Distributors and Mobility Association (ODMD). In this month…
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