Metallurgy news

• Houthi blockade threatens Saudi steel flows and wider Gulf supply chains Yemen's Houthi movement declared an immediate naval blockade of Saudi Arabia on July 20, adding a new pressure point on the country's foreign trade at a time when regional shipping routes are already facing significant disruption. The group subsequently warned international shipping companies... 22.07.2026  15:00

• Sweden's SSAB posted higher financial results for the first half of 2026 on the back of higher prices and supplies Swedish special steel manufacturer SSAB has published financial and operating results for the first half of this year.The company reported a net profit of SEK 3.68 billion ($379.01 million) in the first half of the year, compared with a net profit of SEK 2.98 billion in the corresponding period of... 22.07.2026  15:00

• Taiwan's exports of base metals rose 5.8 percent in January-June 2026 According to statistics released by Taiwan's Ministry of Economic Affairs, the country's export orders for base metals and related products totaled $2.19 billion in June this year, up 1.6% month-on-month and 16.5% year-on-year. Taiwan's export orders for basic metals and related products totaled... 22.07.2026  14:00

• Kazakhstan aims to produce automotive steel by 2028 to increase vehicle localization Kazakhstan plans to establish domestic automotive steel production and expand local auto parts production as part of its strategy to deepen the localization of the country's automotive industry, and the Qarmet integrated steel mill is expected to begin producing automotive steel by 2028, according... 22.07.2026  14:00

• Outokumpu supports EU ETS revision, opposes slower phase-out of free benefits Finnish stainless steel producer Outokumpu has welcomed the European Commission's proposal to revise the EU Emissions Trading System (EU ETS) for the period 2031-40, calling the ETS the EU's main tool for reducing industrial emissions and supporting the transition to a competitive low-carbon... 22.07.2026  13:00

• UNESCO: Spanish steel production increased by 10.2 percent in May 2026 compared to April According to the Spanish steel producers Association UNESCO, in May of this year, steel production in Spain totaled 1.05 million tons, an increase of 10.2 percent month-on-month and a decrease of 8.1 percent year-on-year. In the first five months of this year, the country's steel production totaled... 22.07.2026  13:00

• Japan's crude steel production rose 1.3 percent in June 2026 In June this year, Japan's crude steel production fell 2.1 percent from the previous month and increased 1.3 percent from June 2025 to 6.80 million tons, according to data released by the Japan Iron and Steel Federation (JISF).Meanwhile, Japan's pig iron production was 4.90 million metric tons in... 22.07.2026  12:00

• Wuppermann and Stegra are teaming up to supply galvanized steel with almost zero emissions German steel manufacturer Wuppermann and Swedish green steel manufacturer Stegra have announced that they have entered into a long-term tolling agreement under which Wuppermann will galvanize near-zero emission steel products produced at the Stegra plant in Boden, Sweden, for supply to customers in... 22.07.2026  12:00

• Vallourec wins contract for Atapu 2 offshore project in Brazil French seamless pipe manufacturer Vallourec has awarded a contract to marine contractor Allseas to supply seamless carbon steel line pipes and thermal insulation coating for the Atapu 2 project in Brazil's Santos Basin.The order covers 143 km of rigid risers and flowlines, equivalent to... 22.07.2026  11:00

• Indian company SAIL approves expansion of capacity of steel mill in Bhilai The Indian state-owned steel company Steel Authority of India Limited (SAIL) has officially approved the expansion of its steel mill in Bhilai (BSP) from 6.8 million tons per year to 10.2 million tons per year, which entails investments of $ 3.22 billion, a junior told the Indian parliament on... 22.07.2026  11:00