Metallurgy news

• US Rig Count Declines, Canadian Rig Count Increases - Week 51 of 2025 Baker Hughes reported that the number of U.S. rotary drilling rigs fell by 1 to 548 for the week ended December 12, 2025.The number of gas production rigs fell by 2 to 127 and the number of oil drilling rigs fell by 9 to 421. The total number of U.S. drilling rigs decreased by 41 rigs compared to... 16.12.2025  20:00

• U. S. crude steel production Rose 1.1 Percent in the 51st week of 2025 According to the American Institute of Iron and Steel (AISI), for the week ending December 13, 2025, domestic production of raw steel in the United States amounted to 1,753 million net tons, and the capacity utilization rate was 76.5 percent.Production for the week ending December 13, 2025... 16.12.2025  20:00

• Volkswagen closes Dresden plant due to growing market pressure German automaker Volkswagen is closing its Dresden plant today, marking the first time in the automaker's 88-year history that it has ceased production at a plant in Germany, according to a Financial Times report. The decision reflects growing pressure on the automaker amid weak demand in key... 16.12.2025  17:00

• UNESID: Spanish steel production rose 3.8 percent in October 2025 compared to September Spain's steel production stood at 949,000 tonnes in October this year, up 3.8 percent month-on-month and down 11.6 percent year-on-year, according to Spanish steel association UNESID. Between January and October this year, the country's steel production was 10.19 million tons, compared with 10.02... 16.12.2025  16:00

• Property sales in Turkey in November 2025 decreased by 14.2 percent compared to October In November of this year, real estate sales in Turkey totaled 141,100 units, down 14.2 percent month-on-month and 7.9 percent year-on-year, according to data released by the Turkish Statistical Institute (TUIK).In the first 11 months of this year, the volume of real estate sales in Turkey amounted... 16.12.2025  16:00

• A feasibility study for the Rhodes Ridge iron ore project in Western Australia is under development. According to Australian mining company Rio Tinto, the Rhodes Ridge joint venture has approved a $191 million (AUD$294 million) feasibility study to advance the first phase of the Rhodes Ridge iron ore project in the Pilbara region of Western Australia, one of the world's largest undeveloped iron... 16.12.2025  15:00

• Eurozone industrial production increased by 0.8 percent in October 2025 compared to September In October of this year, seasonally adjusted industrial production increased by 0.8 percent in the eurozone and 0.3 percent in the EU27 compared with September.Industrial production in September increased by 0.2 percent in the eurozone and by one percent in the EU. In October this year, compared... 16.12.2025  15:00

• Shipments of CR steel strips in Japan in October 2025 decreased by 2.2 percent compared to September In October of this year, shipments of cold-rolled sheets and strips in Japan decreased by 2.2 percent compared to the previous month and decreased by 6.5 percent year-on-year, amounting to 374,483 metric tons. According to the Japan Federation of Ferrous Metallurgy (JISF), 54.8 percent of shipments... 16.12.2025  14:00

• Mexican steel producers welcome tariff reform on steel imports from countries outside the free trade area The National Chamber of Metallurgical Industry of Mexico (CANACERO) welcomed the approval by the Mexican Congress of the reform of the Law on General Taxes on Imports and Exports (LIGIE) proposed by President Claudia Sheinbaum. The reform imposes higher import tariffs on a number of goods,... 16.12.2025  13:00

• Japan's Marubeni consolidates metallurgical enterprises to promote a closed-loop economy strategy Japanese companies Marubeni Tetsugen Co., Ltd. and Marubeni Metal Co., Ltd. They announced their consent to the merger, with the integration expected to take effect on April 1, 2026. Both companies are 100% subsidiaries of Marubeni Corporation and operate in complementary segments of the metals and... 16.12.2025  13:00