Metallurgy news
-
Shandong Steel expects net loss for first half of 2026Chinese steelmaker Shandong Iron and Steel Company Ltd said its net loss is expected to be 30 million yuan ($4.4 million) in the January-June period this year, compared with a net profit of 13 million yuan attributable to listed company shareholders before retrospective adjustments recorded in the…
-
In June 2026, export orders for new Japanese vessels more than doubled compared to MayAccording to data released by the Japan Ship Exporters Association (JSEA), Japanese export orders for new vessels in June this year increased by 113.3 percent in tonnage compared to the previous month, dropping to 15 vessels, including 2 general cargo vessels and 34 bulk carriers, compared with 15…
-
Trinidad and Tobago have signed a memorandum of understanding to restart the Point lisas steel plant.The Government of Trinidad and Tobago has signed a memorandum of understanding with US-based Pinnacle Steel and Vanadium Corporation to discuss the refurbishment, commissioning and operation of the former ArcelorMittal steel mill at Point lisas, which the company recently acquired.The non-binding…
-
Shipments of CR steel strips in Japan increased by 5.2 percent in May 2026 compared to AprilIn May of this year, shipments of cold-rolled rolled products and strips to Japan increased 5.2 percent from the previous month, but fell 11.3 percent year-on-year to 362,937 tons, according to the Japan Federation of Ferrous Metallurgy (JISF). Of the total shipments, 49.3 percent were made to the…
-
New EU steel import quota system changes purchasing strategies for Belgian tradersThe European Union's new steel import quota system officially came into force on July 1, 2026, introducing a revised tariff quota regime that significantly changes the way steel imports are managed across the bloc, with important implications for Belgian steel traders, according to a statement from…
-
South Korea has launched an AD investigation into Chinese imports of tin platesThe Korea Trade Commission (KTC) of South Korea has initiated an anti-dumping (AD) investigation into imports of tinplate and tin-free steel from China following a petition filed by domestic manufacturers TCC Steel and Shinwha Dynamics, which argued that rising volumes of low-cost Chinese products…
-
NBS: Rebar prices in China fell by 0.8 percent at the beginning of July 2026At the beginning of July (July 1-10) this year, the average price in China of HRB 400E 20mm rebar decreased by RMB 26.2/mt ($3.8/mt) or 0.8 percent to RMB 3,145.9/mt ($463/mt), compared with the price at the end of June (June 21-30), as announced by the National Bureau of Statistics China.During…
-
BBVA finances Tosyalı's € 187 million investment in solar energy in TurkeySpanish banking group BBVA has announced that it has provided Turkish steel producer Tosyalı with €187 million in financing to support the first phase of its solar energy plan in Turkey.Structured as a credit line for buyers of export financing with the support of the Spanish export credit agency…
-
US Steel's No. 14 blast furnace at Gary enters execution phaseUnited States Steel Corporation (US Steel) has entered the execution phase of a $350 million replacement of blast furnace No. 14 at its Gary Works plant in Indiana, noting, “Something big is happening at Gary Works.”The project involves furnace shutdown for approximately 100 days, a period that was…
-
ArcelorMittal Calvert promotes NOES Electrical Steel Construction Project in AlabamaArcelorMittal Calvert, an American flat steel manufacturer wholly owned by Luxembourg-based ArcelorMittal, announced on social media that it continues to promote the construction of its non-grain electrical Steel (NOES) project at its Calvert steel plant in Alabama. In a recent update, the company…
Pages
← previous
next →
