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Rail Analysis3 min readBMRCL has awarded a Rs. 72.21 crore contract to NSL Constructions for carrying out key architectural finishing and utility works under Phase-2B of the Namma Metro project. The scope of the project covers six elevated metro stations across northern Bangalore. The development strengthens metro infrastructure and commuter-focused station facilities. Introduction: Bangalore Metro Rail Corporation Ltd. (BMRCL), the implementing authority of Namma Metro, has awarded a major infrastructure contract to NSL Constructions Private Limited for architectu...
Posted on 22 Jan 2026 Total crude steel production among the member mills of the China Iron and Steel Association (CISA) declined during 2025 to reach 805 million tonnes, falling by 2.7% on year, according to the data released by the association on January 20. For December alone, the member mills produced 58.3 million tonnes of crude steel, recording a 10.5% on-year fall. The significant decline widened the cumulative drop in crude steel output from 1.9% in the first eleven months to 2.7% for the whole year. Cumulative production from CISA member mills accounted for 83.8% of China's total crude steel output of 961 million tonnes in 2025, Mysteel Global calculated based on the data from the National Bureau of Statistics (NBS). The 2025 cumulative output for both member mills and non-member mills posted a 4.4% on-year slide, also based on the NBS data. Meanwhile, finished steel production among CISA members reached 826 million tonnes for the full year, rising by 0.9% on year. Nationally,
A NEW report highlighting the versatility and economic importance of industrial sand extracted in Britain has been welcomed by the Mineral Products Association (MPA). In its latest mineral planning factsheet ‘Industrial Sand Future Markets’, the British Geological Survey (BGS) uses data to put the spotlight on critical industrial sand markets and anticipated future trends in consumption. The document explains that while the range of uses for industrial sand vary widely, they all have two things in common: (1) They support larger, often higher-value industrial sectors and (2) they require specific properties which only a few British quarries can produce. Because of its high-purity silica (SiO ) chemistry, industrial sand is critical for an overwhelming array of products that support modern life, from glass and glass fibre applications to ceramics, metal castings, rail braking systems, water filtration, chemicals, agriculture, sports pitches, and many others. According to the MPA, which
Posted on 22 Jan 2026 ArcelorMittal is increasing coil prices across Europe by a further €30/tonne ($34.90/t), according to market sources. The revised base price for hot rolled coil is €700/t delivered for April delivery, Kallanish notes. Cold rolled coil prices in new contracts are also being increased, to a base of €830/t, while hot-dip galvanised coil is moving to €820/t, with CRC reported to be in tighter supply. The latest hike comes amid a sharp slowdown in import availability, driven by uncertainty surrounding CBAM cost calculations and with the European Commission’s new trade regime set for July implementation. The latter, whose latest proposed version will be voted on by the European Parliament’s Committee on International Trade (INTA) next week, could include a 50% out-of-quota tariff and melt-and-pour rule. Import offers into Europe are declining significantly, with Asian producers also facing limited visibility on pricing and future cost structure. Multiple sources highlig
VOLVO Construction Equipment (Volvo CE) have made changes to their executive management team to strengthen focus on business and cultural transformation and further accelerate overall company performance. Christian Hallbjörner has been appointed as head of finance and chief financial officer (CFO), effective 1 January 2026. He succeeds Klara Eiritz who has decided to take on a new assignment outside Volvo CE. Mr Hallbjörner previously served as senior vice-president of finance and chief financial officer for Volvo Financial Services. He brings more than 28 years of experience in finance, business control, and business development, including the last 15 years within Volvo Financial Services, Volvo Trucks, and Volvo Penta. Melker Jernberg, head of Volvo CE, said: ‘I’m excited to welcome Christian to Volvo CE. With his extensive experience within the Volvo Group, Christian will be a key contributor in driving our financial agenda as we continue to transform our company.’ Meanwhile, Mali
Posted on 22 Jan 2026 Buyers of coil in Germany, Benelux, and neighbouring countries have expressed little surprise over ArcelorMittal’s recent announcement of a hot rolled coil price increase to €700/tonne ($821) ex-works. Mills started the year with a reserved attitude, one southern German buyer reflects. “Of five mills, two would still give offers, the others did not appear on the market,” he tells Kallanish . He therefore expected that a new price announcement was near, with the market leader making the first move. “They’re calling for €700, so another mill will give you a more friendly offer of €680,” a southern German buyer believes. A realistic price on the market could be €660, “which would be an achievement, too,” he believes. That would line up with orders he placed last week with a mill which had some capacity left for mid-March. Despite a long transport duration, he concluded the transaction for €660 delivered. The mill has since informed him of a €20 increase this week, be
Posted on 22 Jan 2026 Saudi buyers are moving to secure imported billets before prices reach targeted levels of around $465/tonne cfr liner out, Kallanish notes. Meanwhile, Far Eastern billet offers are fluctuating as domestic rebar and scrap prices continue to rise on the back of solid demand in the central region (Riyadh) and the eastern coast (Dammam). Last week, two parcels of 50,000 tonnes of ex-China 150mm square billet with a minimum manganese content of 0.6% were booked at $475/t cfr liner out to Saudi west coast ports for end-March shipment. As of 21 January, prices had eased to around $473/t cfr for the same specifications for April shipment, with two additional enquiries of 50,000t each in the market. Buyers are targeting levels of $470–472/t cfr, which market participants say could trigger further transactions. Meanwhile, Russian billet offers for similar specifications were heard at $436–440/t fob, although suppliers reportedly withdrew offers on Tuesday. Scrap availabilit
Posted on 22 Jan 2026 Fuat Tosyali , chairman of the board of Turkish Tosyali Holding, called on the European Union to abolish steel import quotas for countries with environmentally sustainable production, such as Turkey and Algeria. He made this statement on the sidelines of the World Economic Forum in Davos, according to Daily Sabah. Tosyalı believes that the EU should allow access to low-emission producers to ensure long-term sustainability for its own processing sectors and promote the green transition. He added that although the bloc’s measures are mainly aimed at China, they also apply to Turkey, «undermining the future of the EU’s steel industry.» Tosyalı Holding is currently the largest steel producer in Turkey and one of the world’s 50 leading steel companies. «Despite restrictive import measures around the world last year, we still broke records in production and exports in 2025. This growth will continue in the near future, and thanks to the investments made, we will see our
Posted on 22 Jan 2026 Lodhia Industries has signed a contract with Danieli for the supply of a new state-of-the-art bar and wire-rod rolling mill complex in Tanzania. The project represents a major strategic investment for Lodhia Industries and reinforces its commitment to strengthening steel production capacity in East Africa. The new rolling mill will have an annual production capacity of 300,000 tons and will manufacture finished straight bars and smooth wire rod for local and regional markets. The bar mill will produce rebar in diameters ranging from 8 to 32 mm, while the wire-rod line will roll smooth wire rod from 5.5 to 8 mm, with coil weights of 2 metric tons plus. Danieli’s scope of supply includes advanced rolling technology for both the bar and wire-rod lines. The bar mill will be equipped with 14 cartridge-type GCC stands, a BGV six-pass finishing block, and an in-line quenching and tempering cooling system, complemented by twin-channel high-speed discharge to the cooling b
Posted on 22 Jan 2026 China's rebar prices are expected to see moderate gains this year, mainly driven by lower production volumes and higher input costs, according to Mysteel's latest annual report on long steel items. The national price of HRB400E 18mm dia rebar will rise by 1.2-1.5% on year and fluctuate within the range of Yuan 3,000-3,500/tonne ($431-503/t) in 2026, Mysteel predicts. The report points out that opportunities for rebar prices lie in cost-side support and more stringent national policies relating to curbing carbon emissions. But should demand from end-user sectors such as construction prove weaker than expected, this will inevitably put pressure on prices of the bars, the report also warns. During 2025, some steelmakers opted to upgrade their products or production lines which led to a structural optimization in the construction steel sector and a decline in long steel output, the report observed. Last year, China's rebar output dropped by 8.1% on year to total 207 m
OGV Energy – News2 min readChappal Energies Mauritius Ltd previously entered into a deal to buy the stake but, according to an online statement by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on September 25, 2025, failed to consummate the transaction after time extensions. The Renaissance JV, previously known as the SPDC JV when it was operated by Shell Petroleum Development Company of Nigeria Ltd (SPDC), holds 15 licenses producing mainly oil, TotalEnergies noted in a statement announcing the sale to Vaaris. The licenses contributed about 16,000 barrel...
Australian Mining3 min readUS-based critical minerals producer Energy Fuels Inc has entered into a scheme implementation deed (SID) to acquire 100 per cent of Australian Strategic Materials (ASM), positioning the combined group as a major rare earths player outside China. Under the proposed transaction, ASM has been valued at US$299 million (A$444 million), with the acquisition to be completed via a scheme of arrangement under Australian law. Energy Fuels said the deal would create what it believes will be the largest fully integrated rare earth element (REE) “mine-to-...
The Railway Magazine2 min readEast Lancashire Railway (ELR) has partnered with Network Rail to reduce waste and costs by reusing rail materials from the national network on heritage lines. The new agreement will allow railway materials no longer needed on the national rail network such as rail, sleepers and equipment, to be reused safely on heritage lines. As part of the agreement, Network Rail will support heritage and public-facing activity at the ELR, helping to connect local communities, schools, and visitors with the story of rail in the North West. Network Rail col...
Rail Analysis3 min readKanpur Metro progresses steadily as third rail installation advances steadily between Kanpur Central and Swadeshi Cotton Mill Ramp. The metro operates on a modern 750 Volt DC third rail system instead of overhead equipment. The 750 Volt DC third rail has been completed on the 5.3 km elevated Baradevi–Nausena stretch of Corridor-1, enhancing city aesthetics and reducing maintenance needs. Introduction: The Kanpur Metro Rail Project has reached another significant milestone with the steady progress of third rail installation work across critica...
World Cement4 min readRebecca Long Pyper, Dome Technology, showcases how advanced dome engineering is transforming cement storage efficiency and sustainability at the Port of Tilbury. At the Port of Tilbury in Essex, UK, building-materials expert Holcim hired Dome Technology to build a DomeSilo, the backbone component in a project that promises economic and environmental benefits for the region. Holcim approached Dome Technology after deciding on a dome as its storage model of choice. With anticipated demand in mind, Holcim set ambitious goals and required a facility capable of operating around the clock to meet local market material demands. It was clear from the outset that the two companies would work well in partnership. Holcim’s vision resonated with Dome Technology’s team, and Dome Technology’s efficient construction methods with little material waste corresponded with Holcim’s sustainability values. The first item of business was to determine how to maximise the portside property – no small task,
Posted on 21 Jan 2026 Brazilian steel exports rose by 14pc in 2025, driven by the doubling of shipments to European countries in the wake of US tariffs. Steel shipments to Europe surged to 1.38mn metric tonnes (t), up from 686,968t in 2024, while global exports increased to 10.97mn t from 9.57mn t in 2024, steel industry chamber Aco Brasil said. Brazilian producers shifted a larger share of steel exports to Europe after the US imposed a 50pc tariff on all imported steel from 4 June. Despite the higher duties, the US remained Brazil's primary steel buyer, accounting for nearly 60pc of export volumes. Brazil shipped 6.42mn t of steel to the US in 2025, up by 10pc from the previous year, as pricing adjustments helped split the tariff burden between sellers and buyers. Brazilian domestic steel prices fell in 2025 as low-priced imports from Asian suppliers intensified competition. The price erosion encouraged producers to seek geographical arbitrage, selling into Europe at higher price leve