Metallurgy news

• SSAB Oxelösund EAF project is back on track as transmission line construction resumes Swedish steelmaker SSAB has announced that construction of the transmission line needed for its new electric arc furnace (EAF) at Oxelösund will resume after all appeals against the project are withdrawn, removing a major obstacle to the company's decarbonization plans.The development follows ... 03.06.2026  11:00

• Spain has received EU approval for a €9 billion energy capacity support scheme The European Commission has announced that it has approved a €9 billion Spanish capacity facility in line with EU state aid rules, paving the way for a long-term support structure designed to ensure electricity supplies and improve grid reliability.The mechanism will operate for 10 years and is d... 03.06.2026  11:00

• The shipment of rolled products to Zaporizhstal decreased to 1.03 million tons In January-May of this year, the Zaporizhia Metallurgical Plant Zaporizhstal reduced the shipment of rolled products by 6.3% compared to the same period last year to 1 million 28.5 thousand tons from 1 million 97.3 thousand tons.According to the company's press release on Monday, steel smelting in... 03.06.2026  11:00

• Heavy truck sales in China grew 22 percent in January-May 2026 In January-May this year, sales of heavy trucks (including chassis and tractors) in China totaled 538,000 units, an increase of 22.0 percent year on year, according to preliminary data released by cvworld.cn, a Chinese auto industry information service provider.In May alone, sales of heavy trucks ... 03.06.2026  10:00

• India considers withdrawal of FTA concessions as a response to the UK's plans to introduce guarantees on steel imports The Indian government is considering revoking tariff concessions granted in the recently concluded Free Trade Agreement (FTA) signed with the UK in response to the latter's protective duties on steel imports, which will affect the supply of steel products from India to the UK, Indian government... 03.06.2026  10:00

• Annual performance of the Chilean economy declined in April Chile's central bank reported that the country's economy contracted 1.2 percent in April 2026 compared with April 2025, as measured by the IMACEC index, Chile's key economic indicator.Goods production fell 5.4 percent, mining activity fell 11.8 percent, manufacturing fell 0.4 percent, trade... 02.06.2026  19:00

• IEA: Middle East crisis is changing global energy investment priorities The International Energy Agency (IEA) has warned that ongoing conflict in the Middle East and the de facto closure of the Strait of Hormuz are changing global energy investment strategies, prompting governments and companies to place greater emphasis on energy security, supply diversification and... 02.06.2026  17:00

• The value of exports of non-ferrous metals from South Africa decreased by 12.8 percent in January-April 2026. According to data released by the South African Revenue Service (SARS), in April of this year, the value of exports of base metals and products made from them from South Africa amounted to 12.70 billion South African rand (745.97 million dollars), which is 6.2 percent less than in March. In the... 02.06.2026  17:00

• Zaporizhcox produced 77.7 thousand tons of coke in May PJSC Zaporizhcoks, one of Ukraine's largest producers of coke chemical products belonging to the Metinvest Group, increased blast furnace coke production by 0.4% in January-May of this year compared to the same period last year to 359.4 thousand tons. coke, in the previous month – 75 thousand tons. ... 02.06.2026  17:00

• UNECA warns CBAM could undermine Africa's industrialization efforts The United Nations Economic Commission for Africa (UNECA) has criticized the European Union's Carbon Border Management Mechanism (CBAM), arguing that African countries have been largely excluded from policy design and implementation, despite the potential implications for the continent's industrial... 02.06.2026  16:00