Metallurgy news
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The UAE is extending the 10% import tax on rebar and wire rod until October 2026. The UAE government has announced a decision to further protect the domestic market from the possibility of excessive imports at dumping prices.Accordingly, the government extended the import duty of 10 percent on the import of rebar, rebar in rolls and wire rods until October 12, 2026. Previously,...
17.10.2025 18:00
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EU accepts CBAM amendment introducing 50t tax exemption and simplified reporting The European Parliament and the Council of the European Union have announced that they have adopted Regulation (EU) 2025/2083 amending the original CBAM Regulation (EU) 2023/956.The new law aims to simplify, clarify and strengthen the Carbon Border Management Mechanism (CBAM) before it with full...
17.10.2025 17:00
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UAE initiates AD investigation into heavy steel profiles from China The UAE Ministry of Foreign Trade has announced the launch of an anti-dumping investigation into imports of heavy grades of iron and steel originating from or exported from China. The case was initiated following an official complaint from Emirates Steel Industries, the only domestic manufacturer...
17.10.2025 17:00
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The NGO "Expert Council on Nature Conservation" appealed to the Ministry of Natural Resources of Russia and the Amur Basin Environmental Prosecutor's Office with a request to protect Sikhote-Alin Nature Reserve. The Ural company Glukhoe Gold Mining Company LLC has begun exploration of a deposit in the protected area of the reserve, which raises concerns among environmentalists.According to experts, the works are contrary to the law and cause damage to nature. Exploration...
17.10.2025 17:00
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Stellantis announces $13 billion US investment plan over next four years Multinational automotive company Stellantis has announced a record $13 billion investment to expand its U.S. manufacturing operations over the next four years. The plan, the largest in the company's 100-year history, aims to increase the company's U.S. vehicle production by 50 percent, launch five...
17.10.2025 16:00
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Thyssenkrupp Electrical Steel halts production amid sharp rise in cheap imports from China Thyssenkrupp Electrical Steel, a subsidiary of German steel company Thyssenkrupp, has halted production at its Gelsenkirchen plant for one week amid growing market pressure from cheap Chinese steel imports, according to German media reports.The closure will affect about 1,200 employees, while all...
17.10.2025 16:00
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SMS Group modernizes hot strip mill for Salzgitter German steelworks Salzgitter has achieved a major automation milestone by implementing the X-Pact Centerline control system from German manufacturer SMS group on its seven-stand hot strip mill at Salzgitter Flachstahl GmbH. This project is part of a wider modernization package ordered in 2024,...
17.10.2025 15:00
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Chinese company HBIS Tangsteel has commissioned a new etching line at the plant in Laoting Chinese steel company HBIS Tangsteel has reached an important technological milestone in the sheet steel processing sector with the commissioning of a new etching line at its plant in Laoqing in China's Hebei Province. The new facility combines high-speed operation, a wide range of thicknesses, and...
17.10.2025 15:00
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Saudi Arabian Al Yamamah Steel will supply steel towers for the construction of a 380 kV transmission line Saudi steel company Al Yamamah Steel Industries Company announced the signing of a contract worth 106.44 million riyals ($28.38 million) with infrastructure development services provider Larsen & Toubro Saudi Arabia LLC for the supply of steel towers for construction 380 kV transmission lines in...
17.10.2025 14:00
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Slovakia launches €150 million financing round for industrial decarbonization projects Slovakia's Deputy Prime Minister and Environment Minister Tomasz Taraba announced the launch of a second round of financing in the amount of €150 million for industrial decarbonization, fully funded through the EU Modernization Fund. The initiative aims to help industrial producers invest in a...
17.10.2025 14:00
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