Metallurgy news
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India will take policy initiatives to achieve steel production target of 300 million tonnes by 2030The Indian government will take policy initiatives to prioritize steel production and commodity security in the coming year as India enters the final phase of its journey to achieve an installed steel production capacity of 300 million tonnes by 2030, a steel ministry official said on Tuesday…
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Russia has extended the quota for scrap metal exports until 2026 and increased the quota volumeThe Russian government has announced the introduction of a tariff quota for the export of ferrous scrap and metal waste to countries outside the Eurasian Economic Union (EAEU) from January 1, 2026 to December 31, 2026. This solution will allow industry participants to sell additional raw materials…
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Metinvest is developing a large program for the production of DR pellets for the "green" metallurgyMetinvest Mining and Metallurgical Group plans to expand its product portfolio in the production of pellets of DR (iron ore rods of direct reduction of DR-IF–U iron) for the production of "green" steel and premium raw materials for the production of pig iron.According to the press release, as part…
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Pakistan's steel industry demands advance tax guarantees for duty-free Chinese importsPakistan's steel industry has called on the Federal Board of Revenue (FBR) to take immediate action to address the influx of duty-free imports of Chinese steel entering the country through the Sost customs dry port, warning that these imports are undermining domestic producers and distorting market…
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Indian Government begins discussions on expansion of SAIL steel mill in BokaroThe government has begun discussions on expanding the capacity of Steel Authority of India Limited's Bokaro Steel Mill (BSP) to 7.55 million tons per year from 5.25 million tons per year, Junior Minister of Steel Bhupatiraju Srinivasa Varma said in a statement on Tuesday, December 30.A project to…
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IEA: Global coal demand will level off and decline by 2030, despite short-term growthGlobal coal demand has plateaued and is likely to decline slightly by 2030 as competition from renewables, natural gas and nuclear power intensifies, despite near-term fluctuations in key markets, according to the International Energy Agency (IEA).Global coal demand forecast to 2030The IEA said…
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The first production line of Sanbao Group's 2.56 million ton cold-rolled silicon steel project has been put into operationOn December 29, the first production line of the deep processing project of cold-rolled silicon steel and metal products of the Chinese steel company Sanbao Group, located in Fujian Province, was completed and put into operation.The commissioning of the project marks Sanbao Group's transition into…
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Exports of tin plates from the USA increased by 21.0% in August 2025 compared to JulyAccording to the export data of the US Department of Commerce, tin plate exports to the United States in August this year amounted to 3,692 tons, which is 21.0% more month-on-month and 17.1% less than in August last year. In value terms, tin plate exports totaled $4.3 million in August, compared…
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Sweden's Grangex announces new agreement with Anglo American to support the relaunch of the Sydvaranger mineAccording to Swedish mining company Grangex, the company has entered into a new agreement with British mining giant Anglo American to support the planned resumption of operations at the Sydvaranger mine.According to Grangex, the company's stated strategy is to resume operations at the Sydvaranger…
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Exports of mechanical pipes to the United States decreased by 4.1 percent in August 2025 compared to JulyAccording to export data from the U.S. Department of Commerce, exports of mechanical tubing to the United States totaled 4,562 tons in August this year, which is 4.1 percent less than in July and 25.0 percent less year-on-year. In value terms, exports of mechanical tubing totaled $15.02 million in…
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