April 21, 2026 - Today's Industrial Market News from Industrialinfo.com

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Industrial Info Resources - Industry News Podcast 3 min 1 speaker 4 chapters transcribed 1 month ago
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Why are steel prices rising and how is Cleveland Cliffs benefiting in Q1 2026?

Christine Ramos 0:11
This is the world industrial news for Tuesday, April twenty first. Brought to you by Industrial Info Resources of Sugarland, Texas. Stronger steel prices and rising demand from the domestic automotive sector bolstered Cleveland Cliffs Incorporated throughout the first quarter. One company executive called activity during the first three months of 2026, quote, a sustained improvement progression that will continue through the rest of the year. End quote.

What is the Western Gateway Pipeline plan and why are Phillips 66 and Kinder Morgan advancing it?

Christine Ramos 0:40
According to Industrial Info Resources data, Cleveland Cliffs is developing more than $2.8 billion worth of active projects across the US and Canada. There's enough long term interest from shippers to advance the Western Gateway Pipeline project that offers a stopgap measure for California refinery closures, developers said Monday. Phillips66 and Kinder Morgan issued a joint statement Monday saying they would move forward with the pipeline. According to Industrial Info Resources data, the project will include construction of a 1300-mile grassroot pipeline from Borger, Texas, to Phoenix, Arizona, plus reversals of existing pipeline flows in the Midwest and Southern California. The pipeline is expected to transport up to 200,000 barrels per day of refined fuel.

How are Brazil’s mining investments and critical mineral projects expected to grow through 2030?

Christine Ramos 1:30
The Brazilian Mining Institute forecasts mining investments in Brazil will reach US seventy six point nine billion US dollars from twenty twenty six to twenty thirty, a twelve point five percent increase from the expected level for twenty twenty percent, twenty twenty five to twenty twenty nine. The agency forecasts $21.3 billion in critical mineral investments through twenty thirty. According to Industrial Info Resources data, there are 989 metals and minerals industry projects across Brazil worth $68.299 billion. The European Union has started accepting submissions on its raw materials platform to accelerate the development of its own critical minerals supply chains and to reduce its heavy reliance on China and others.
Christine Ramos 2:19
The matchmaking platform is designed to bring together buyers and suppliers of raw materials as well as financial backers.

What is the EU’s new raw‑materials matchmaking platform and how will it reduce reliance on China?

Christine Ramos 2:27
Ow, it is meant to aggregate demand and boost the supply of critical raw materials and strategic raw materials from existing and new sources. The EU hopes that it will lead to joint purchasing for a wide range of energy related products and strategic raw materials. For details on these and other breaking news, read the full stories at industrialinfo.com.
2:51
I'm
Christine Ramos 2:51
Christine Lamos, reporting for Industrial Info News.

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Chapters

4 chapters
1 Why are steel prices rising and how is Cleveland Cliffs benefiting in Q1 2026? 0:11–0:40 2 What is the Western Gateway Pipeline plan and why are Phillips 66 and Kinder Morgan advancing it? 0:40–1:30 3 How are Brazil’s mining investments and critical mineral projects expected to grow through 2030? 1:30–2:27 4 What is the EU’s new raw‑materials matchmaking platform and how will it reduce reliance on China? 2:27–2:55

Speakers

1 identified
Christine Ramos 3 min

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