News
Thyssenkrupp plans to spin off its materials trading division
5+ hour, 37+ min ago (296+ words) News Companies Thyssenkrupp Print 132 17 June 2026 The German industrial conglomerate Thyssenkrupp plans to spin off its materials trading division, tk accelis (formerly Thyssenkrupp Materials Services, TKMS). This is stated in a company announcement. The decision is due to be approved at…...
India's iron ore imports rose by 50 per cent y/y in the first five months
22+ hour, 1+ min ago (448+ words) News Global Market " Print 105 17 June 2026 In the first five months of 2026, imports of iron ore and pellets into India reached around 4. 8 million tonnes. This is almost 50 per cent higher than the figure for the same period last year, which stood…...
BIR calls on the steel processing sector to discuss new EU steel market regulations
22+ hour, 34+ min ago (163+ words) News Global Market " Print 115 16 June 2026 The new Regulation on the EU steel market, which is due to come into force on 1 July 2026, will have a significant impact on the scrap market. This is according to The Bureau of International Recycling…...
Japanese steelmakers are raising prices for rolled steel for July sales
23+ hour, 6+ min ago (334+ words) News Global Market flat & long steel prices Print 71 16 June 2026 Tokyo Steel, a leading Japanese electric arc furnace steel producer, has raised its prices for hot-rolled coil (HRC) for July sales by 2, 000 yen per tonne ($12/t) compared with the previous month. This…...
Iceland's steel market: full outsourcing
2+ day, 6+ hour ago (1138+ words) Posts Global Market steel consumption Print 66 16 June 2026 Demand for steel in Iceland is met entirely by imports. Not only is there no domestic production of steel or rolled products, but there is also no steelworking on an industrial scale. This…...
The French parliament has backed the nationalisation of Arcelor Mittal's assets for the second time
1+ day, 4+ hour ago (474+ words) News Companies Arcelor Mittal Print 156 16 June 2026 At the end of last week, the French National Assembly voted in favour of a bill to nationalise Arcelor Mittal's French assets at its second reading, according to Le Parisien. The bill, tabled by…...
Zaporizhstal is set to increase spending on major crane repairs by almost sevenfold in 2026
2+ day, 2+ hour ago (257+ words) News Companies Zaporizhstal Print 169 15 June 2026 The Zaporizhstal Steelworks continues to systematically upgrade its lifting machinery and crane equipment. While Zaporizhstal carried out major repairs to crane equipment worth 13. 6 million UAH in 2025, the cost of similar repairs will amount to 90 million…...
Steel production in India could rise by 8% y/y in the FY2026/2027 " forecast
2+ day, 58+ min ago (390+ words) News Global Market India Print 185 15 June 2026 In the 2026/2027 financial year (FY), steel production in India is set to rise by 8% year-on-year " to 183 million tonnes, up from 169 million tonnes in the 2026 FY. This is according to Big Mint. The rate of…...
The annual cost of the CBAM for exports of steel products from Kazakhstan could exceed "100 million
2+ day, 55+ min ago (314+ words) News Global Market CBAM Print 148 15 June 2026 Exports from Kazakhstan's steel sector to the EU could face annual costs of over "100 million under the Carbon Border Adjustment Mechanism (CBAM). This was discussed during the presentation of a report on the country's…...
Russian slabs are driving Ukrainian pipe producers out of their own market via Turkiye
2+ day, 17+ hour ago (750+ words) Posts Industry anti-dumping measures Print 45 15 June 2026 Since the start of the full-scale invasion, the annual volume of Turkish pipe imports into the Ukrainian market has increased two to threefold. In total, 131, 000 tonnes of pipes were supplied to Ukraine from Turkey…...