Metallurgy news

• China's steel bar exports increased 10.8 percent in the first half of 2026 Between January and June this year, China's steel bar exports totaled 10.01 million tons, up 10.8 percent year-on-year, while wire rod exports totaled 1.36 tons, down 5.6 percent year-on-year, according to the General Administration of Customs of China (GAAC). At the same time, China's export... 21.07.2026  10:00

• India's SMEL consolidated net profit grew by 18% in the first quarter of fiscal year 2026-2027 The Indian company Shyam Metallics and Energy Limited (SMEL) achieved a consolidated net profit of INR 3,450 million (US$35.77 million) in the first quarter (April-June) of fiscal year 2026-27, up 18 percent from last year, according to a company statement on Tuesday, 21 July.The company reported... 21.07.2026  10:00

• U.S. crude steel production fell 0.5 percent – ​​Week 29 of 2026 According to the American Iron and Steel Institute (AISI), for the week ended July 18, 2026, domestic crude steel production in the United States was 1.830 million net tons, and the capacity utilization rate was 79.3 percent.Production for the week ended July 18, 2026 decreased 0.5 percent compared... 21.07.2026  00:00

• Brazil's CRC exports and imports increased in June compared to May According to Secex, the secretariat of foreign trade of the Ministry of Development, Industry and Foreign Trade, Brazil exported 13,000 metric tons (t) of CRC in June and imported 36,300 tons, compared with 3,000 tons exported and 8,600 tons imported CRC.In June, Usiminas exported 9,200 tons of CRC... 20.07.2026  22:00

• Ferrexpo iron ore production fell in H1 2026 amid challenging operating environment Swiss-headquartered mining company Ferrexpo, whose main interests are in Ukrainian iron ore assets, announced production results for the first half of 2026.In the first half of this year, the company's iron ore production fell 54.1% year on year to 1.56 million tons. In particular, the company's... 20.07.2026  18:00

• Increase in the number of drilling rigs in the USA and Canada – week 29, 2026 Baker Hughes reported that for the week ending July 17, 2026, the number of rotary drilling rigs in the United States increased by seven rigs each week to 588.The number of drilling rigs for gas production remained unchanged at 126, while the number of drilling rigs oil production increased by... 20.07.2026  18:00

• Italian steel production increased by 6.1 percent in June 2026 According to the latest data from Federacciai, the Italian Federation of Steel Companies, Italy's crude steel production totaled 1.9 million tons in June 2026, compared with 2.0 million tons in May, and increased by 6.1 percent year-on-year. In the first six months of this year, unrefined steel... 20.07.2026  17:00

• Asian Steel Forum: China's overseas steel production capacity is about 30 million tons, and is likely to reach 50-60 million tons in the future According to Su Changyong, Deputy Secretary General of CISA and Director of the CISA International Cooperation Department, who spoke at the Asian Steel Forum held in Beijing on July 16, the 15th Five-year plan period is crucial for China's steel industry to strengthen its global position and... 20.07.2026  17:00

• Severstal began commissioning a plant for the production of iron ore pellets worth $1.48 billion Russian steelworks Severstal has begun commissioning the first roasting machine at its new iron ore pellet plant. Hot testing and start of production are scheduled for the third quarter of 2026.The RUB 116 billion ($1.48 billion) project will contribute to Severstal's environmental and operational... 20.07.2026  16:00

• Italian Confindustria calls for broader EU industrial policy beyond ETS reform The proposed revision of the EU's Emissions trading system (ETS) is a necessary step, but it will not be enough on its own to protect Europe's industrial base, was the message of Antonio Gozzi, Vice president of Italian Confindustria for European Strategic Autonomy, the Mattei plan and... 20.07.2026  16:00