Metallurgy news
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ArcelorMittal Building Solutions enters the North American market with a facility in GeorgiaArcelorMittal Building Solutions announced plans to open its North American headquarters and a new manufacturing facility in Macon-Bibb County, Georgia.The project will require an initial investment of approximately $57 million and create up to 70 jobs. The company also plans further investment of…
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Iron ore exports through Port Hedland increased by 10.3% in May 2026 compared to AprilIn May of this year, iron ore shipments from Australia's Port Hedland increased by 10.3 percent month-on-month and decreased by 3.1 percent year-on-year, amounting to 51,029,634 tons.According to information released by the Port Hedland Port Authority, iron ore shipments from Port Hedland to China…
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Norway and Russia strengthen their positions in Turkish iron ore imports as total volumes rise by 33.9 percentIn April this year, Turkey's iron ore imports totaled 1,449,026 metric tons, up 84.5% year-on-year and 46.5% year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, revenue from these imports totaled $149.97 million, an increase of 83.3%…
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Fitch raises forecasts for iron ore and coking coal prices amid supply disruptions and higher costsInternational credit rating agency Fitch Ratings has announced that it has revised upward its short-term price assumptions for mining commodities, pointing to higher-than-expected market performance this year and ongoing supply-side challenges.The agency said commodity-specific factors, including…
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CAAM: NEV sales in China grew by 3.5% in January-May 2026According to the China Association of Automobile Manufacturers (CAAM), between January and May this year, production and sales of new energy vehicles (NEVs) in China were 5.841 million units and 5.802 million units, up 2.5 percent and 3.5 percent year-on-year. During the period, NEV sales accounted…
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India's RINL has shut down its steelmaking plant after an explosion that killed nine people and injured several others.According to company sources, on Thursday, June 11, the Indian state-owned steel producer Rashtriya Ispat Nigam Limited stopped work at its steelmaking workshop 1 (SMS 1), where nine workers died in an accident and several others were seriously injured.SMS-1 contains six casting machines, five of…
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Brazil's finished steel trade deficit continues to decline amid anti-dumping measuresAccording to SECEX, the secretariat of foreign trade of the Ministry of Development, Industry and Foreign Trade of Brazil, Brazil exported 149,565 tons of finished carbon steel products in May at a price of 111.684 million US dollars, and imported 175,927 tons at a price of 130.994 million US…
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U.S. steel mill shipments in April 2026 were down 6.6 percent from March.The American Iron and Steel Institute (AISI) reported that U.S. steel mills shipped 7,664,757 net tons in April 2026, up 1.1 percent from the 7,580,635 net tons shipped in April 2025. Shipments were down 6.6 percent from 8,204,611 net tons shipped in the previous month, March. 2026 Deliveries for…
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US continues AD and CVD orders for PC line from six countriesThe U.S. Department of Commerce (DOC) has issued a notice of extension of antidumping duty (AD) orders on prestressed concrete (PC) steel wire strands from Brazil, India, Japan, Mexico, Republic of Korea, and Thailand, and a countervailing duty (CVD) order on PC strands from India. Commerce…
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MMK reported high sales of galvanized steel in January-May 2026Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) announced that it sold about 445,000 tons of galvanized steel products in the first five months of 2026, strengthening its position as one of the leading producers of galvanized flat products in the country.It said about 397,000 tons…
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