Metallurgy news
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Norway to start reusing steel from decommissioned ships to reduce emissions from constructionNorwegian government agency Enova has announced that it will provide up to 244 million Norwegian kroner ($25.54 million) in financing to Nordic Circles and Alsaker Stål for a project aimed at reusing steel from decommissioned ships in new buildings, potentially reducing greenhouse gas emissions…
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Car sales in Turkey decreased by 13.2% in January-September 2026In September of this year, car sales in Turkey totaled 86,993 units, up 3.4 percent from August and down 23.8 percent from last year, according to monthly statistics released by the Association of Turkish Automobile Manufacturers (OSD). In the same month, passenger car sales in Turkey totaled…
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Shipments of HRP and HR in Japan in August 2026 decreased by 14.1% compared to JulyAccording to the Japanese Federation of Ferrous Metallurgy (JISF), in August, shipments of hot-rolled sheet in Japan amounted to 630,691 tons. This is 14.1% less than a month earlier, but 4.6% more than the 602,929 tons recorded in the same month of 2025. In the reporting month, 71.0% of shipments…
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Turkish exporters intend to double their market share in the Baltic regionThe Turkish Steel Exporters Association (CIB) held more than 300 bilateral business meetings during the visit of its industry trade delegation to Latvia and Lithuania on October 4-9, 2026. According to a report published by the Turkish newspaper Ekonomim, the Turkish steel industry intends to…
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Evonith Steel has signed an agreement with Sunsure Energy to purchase 30 MW of solar energy for a plant in Maharashtra.India's Evonith Steel Limited (ESL) has signed an agreement with Sunsure Energy Limited (SEL) to purchase 30 megawatt solar energy for its integrated steel plant in the western state of Maharashtra, the company said in a statement on Tuesday, October 13.SEL will supply electricity from its 120 MW…
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Mongolia to build copper smelter with capacity of 124 thousand tons of cathode copper per yearThe Mongolian authorities intend to conclude a contract by November with China Nonferrous Metal Industry's Foreign Engineering and Construction Co Ltd. (NFC), which was recognized as the winner of an international tender to find an investor for the construction of a copper smelter in Mongolia…
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Shagang Group establishes Jinsha Heavy Industry (Tianjin) Co., Ltd.On October 8, Jinsha Heavy Industry (Tianjin) Co., Ltd., a wholly owned subsidiary of the Chinese steel giant Shagang Group based in Jiangsu Province, was officially registered. The authorized capital of the new company is 70 million yuan, or 10.4 million dollars. This decision was the next step of…
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China will reduce the export duty on NEW from 13% to 9% from April 1, 2027The Chinese Ministry of Finance and the State Tax Administration announced that from April 1, 2027, the VAT export discount rate for new energy vehicles will be reduced from 13% to 9%.According to industry analysts, this measure is aimed at curbing price competition in exports, stimulating industry…
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Mexico has begun reviewing the proposal for Indian silica manganeseThe Mexican Ministry of Economy has initiated a review of the anti-dumping duty (AD) on imports of ferrosilicon manganese from India, regardless of the country of supply. During the review, it will be determined whether the fee should be retained or cancelled. This measure was supposed to expire on…
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Brazilian CSN to sell German subsidiary SWT to Spanish pipe manufacturer MegasaBrazilian steel and iron ore producer Companhia Siderúrgica Nacional (CSN) said in a statement that it has entered into an agreement with Bipadosa S.L., the holding company of the Megasa Group, on mutually beneficial terms.According to CSN, the agreement sets out the basic terms and conditions for…
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