Metallurgy news
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Exports of wire rod from Brazil almost doubled in June, while imports grew more than tenfold.Exports of wire rod from Brazil reached 29.6 thousand tons in June against 15.2 thousand tons in May, according to the Secretariat of Foreign Trade SECEX of the Ministry of Development, Industry and Foreign Trade.The increase is mainly due to a more than sevenfold increase in supplies to South…
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U.S. crude steel production down 0.9 percent – Week 28 of 2026According to the American Iron and Steel Institute (AISI), for the week ending July 11, 2026, U.S. domestic crude steel production was 1.840 million net tons, with a capacity utilization rate of 79.7 percent.Production for the week ending July 11, 2026 decreased 0.9 percent compared to the previous…
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Hunan Valin Steel expects net profit in the first half of 2026 to be 200-300 million yuanChinese steel company Valin Steel Co., Ltd. Hunan Province announced that its net profit is expected to be 200-300 million yuan (US$29.4-44.1 million) between January and June this year, down 82.84-88.56 percent year-on-year.The company said the steel industry continued to undergo deep adjustments…
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The United States continues to place orders for seamless pipes from four countriesThe U.S. Department of Commerce (DOC) has announced the final results of the review of anti-dumping Duty (AD) orders on seamless standard, linear and pressure pipes made of carbon steel and alloy steel (seamless pipes) from the Czech Republic, the Republic of Korea, the Russian Federation and…
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ICT International: EU steel policy risks undermining Europe's industrial baseAccording to Gianluca Gennari, administrator of the Italian consulting company ICT International and Trading Company, every European business leader should ask himself whether Europe really intends to protect its industrial base or instead accelerates its own decline. He argued that in recent…
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Assofermet Akcai: Protective measures and weak demand lead to higher steel pricesAccording to the latest monthly market report published by Assofermet on July 10, 2026, the introduction of new EU protective measures has caused considerable uncertainty among market participants, mainly due to the drastic quota cuts, new rules governing quotas of "Other countries", and the fact…
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Investments of 130.31 billion yuan were made in major projects in Shanghai in the first half of 2026.This year through the end of June, total investment in major projects in Shanghai amounted to 130.31 billion yuan ($19.1 billion), accounting for 51.1 percent of the annual plan. 19 projects (including three preparatory ones) have begun construction.All new facilities planned for construction this…
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CAAM: Commercial vehicle sales in China increased by 8.3 percent in the first half of 2026According to the Chinese Association of Automobile Manufacturers (CAAM), between January and June of this year, commercial vehicle production and sales in China totaled 2.272 million units and 2.297 million units, an increase of 8.2 percent and 8.3 percent year-on-year, respectively.In June alone…
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Pig iron smelting in Ukraine fell to 3.7 million tons in the first half of the yearUkrainian metallurgical enterprises in January-June of this year reduced the production of pig iron by 0.2% compared to the same period last year - to 3.661 million tons.According to information from the Ukrmetallurgprom association on Wednesday, 674.6 thousand tons were produced in June, 554…
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Vietnam's steel imports rose 10.6 percent in June 2026 compared to MayAccording to data released by the General Administration of Customs of Vietnam, Vietnam's steel imports totaled 1.43 million tons in June this year, up 10.6 percent from May, while scrap imports totaled 604,432 tons, an increase of 33.8 percent over the same month.Vietnam's steel imports increased…
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