Metallurgy news
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Exports of wire rod from Brazil fell 37% in May, while imports fell 85%.Brazil's wire rod exports reached 15,200 tons in May, up from 24,100 tons in April, according to the SECEX foreign trade secretariat of the Ministry of Development, Industry and Foreign Trade.The decline was mainly caused by a 79 percent decline in shipments to South America.Destinations included…
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Negotiations to export Brazilian pig iron to the US will begin this weekNegotiations between representatives of the Brazilian Ministry of Development, Industry and Foreign Trade (MDIC) and the US Trade Representative (USTR) are set to begin this week to discuss, among other things, the exclusion of Brazilian pig iron from the list of exceptions to the 25 percent US…
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South Korea calls on EU to ensure fairness for Korean steelmakers under new steel import tariffsSouth Korean President Lee Jae-myung called on the European Union to show favorable consideration to South Korean steelmakers as the bloc prepares to raise tariffs on steel imports from July 1, according to a Reuters report.The request was made during a summit held on Wednesday in Belgium with the…
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The bill on the nationalization of British Steel has been submitted to the House of LordsThe British government's bill on the steel industry (nationalization), which will give ministers the authority to bring steel companies such as British Steel into state ownership under certain circumstances, has passed its third reading in the House of Commons and will now be referred to the House…
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Australia's coking coal exports rise in May 2026, driven by strong demand in AsiaAustralia's coking coal exports rose six percent month-on-month and 20 percent year-on-year in May 2026 to 13.2 million tonnes from 11.28 million tonnes in April. The improvement was primarily driven by increased purchases from key Asian steel-producing countries, improved cargo availability and…
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The UK is considering making changes to steel import restrictions due to industry concernsThe UK government is considering making changes to planned steel import restrictions after warnings from manufacturers that the measures could increase costs, disrupt supply chains and undermine the competitiveness of processing industries, according to media reports.Ministers are considering…
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Germany aims to ease the burden of energy costs on the steel industry with a double support mechanismThe German steel industry has announced that it welcomes plans by the German Federal Ministry of Economics to allow the parallel use of the industrial electricity pricing mechanism and electricity price compensation in 2026, following approval under the EU's Temporary State Aid Program for the…
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SimFer reports on key achievements in Simandou and sets a capacity target by 2028SimFer, a joint venture between the Australian mining company Rio Tinto, the Government of Guinea and the Chalco Iron Ore Holdings (CIOH) consortium led by Chinalco, reported continued progress in the implementation of the Simandou iron ore project, including the shipment of 600,000 tons of iron…
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Interpipe proposes to create an EU-Ukraine Industrial Acceleration Zone that will link the metallurgical industries of Romania and UkraineInterpipe, a Ukrainian manufacturer of steel pipes and railway products, announced that it had proposed a pilot project to create an Industrial Acceleration Zone connecting the Romanian and Ukrainian metallurgical industries, arguing that Ukraine should already be considered an active participant…
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Tenaris produces a record-breaking Blue Coil column for specialized oilfield service companiesTenaris has announced that its coiled tubing company has manufactured and supplied the longest and heaviest Blue Coil® column to date with an external diameter of 2-5/8 inches for the American oilfield services provider CUDD Pressure Control.According to the company, the new steel column weighs 88…
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