Metallurgy news

• Russel Metals acquires seven service centers in the United States from Klöckner & Co. for 102 million dollars. Canadian metals distributor Russel Metals announced that it has completed the acquisition of seven metals service centers in the United States from Klöckner Metals Corporation, a subsidiary of German steel and non-ferrous metals manufacturer and distributor Klöckner & Co., for a total consideration ... 07.01.2026  17:00

• Egyptian company El Marakby Steel invests in new plant to localize production Egyptian steel producer El Marakby has announced that it plans to build a new plant in the country in order to localize production resources as part of its broader expansion and investment strategy.The company plans to invest 1 billion Egyptian pounds (US$21.16 million) in 2026 to support the... 07.01.2026  17:00

• The new EU steel import quota period is a good start. During the first seven days of January, as part of the new EU quota period from January 1 to March 31, some quotas for imports of certain types of steel products allocated to India, China, Turkey and some countries from the "other countries" category were exceeded, while more than 70 percent of the... 07.01.2026  16:00

• Canada initiates shelf life check of heavy sheets from Taiwan and Germany The Canadian International Trade Tribunal (CITT) has announced that it has initiated a review of the expiration of the anti-dumping duty (AD) on certain hot-rolled carbon steel sheets and high-strength low-alloy steel sheets from Taiwan and Germany.The Tribunal will render a decision no later than... 07.01.2026  15:00

• Car sales in Turkey will grow by 10.5 percent in 2025 Last December, sales of passenger cars and light commercial vehicles in Turkey rose 12.6 percent year-on-year and 44.1 percent month-on-month to 191,620 units, according to statistics released by the Turkish Automotive Distributors and Mobility Association (ODMD). Turkey's domestic passenger... 07.01.2026  14:00

• Steel imports to Vietnam will decrease by 9.2 percent in 2025 According to data released by the General Administration of Customs of Vietnam, in December 2025, steel imports to Vietnam amounted to 1.82 million tons, which is 19.7 percent more than in November, and scrap imports amounted to 683,854 tons, an increase of 59.1 percent compared to the same... 07.01.2026  14:00

• European refineries warn EU steel safeguards could push costs up to €9 billion European downstream producers' associations have jointly raised serious concerns about the European Commission's proposal to expand and tighten steel safeguards to address global overcapacity.While recognizing the need to support EU steel producers and counter market distortions associated with... 07.01.2026  13:00

• Turkey's wire rod exports increased by 4.7 percent in January-November 2025 In November last year, Turkey's wire rod exports totaled 61,906 metric tons, up 14.7 percent from October and 133.5 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated from these exports totaled $34.68 million,... 07.01.2026  12:00

• Hyundai Steel builds DRI pilot plant in Tangjin According to local media reports, South Korean steel company Hyundai Steel has begun construction of a pilot plant for direct reduction iron (DRI) at its Dangjin Steelworks steel mill in preparation for future investments in a steel mill in the United States.The pilot plant will be used to test... 07.01.2026  12:00

• UK TRA recommends excluding the import of fittings from Vietnam from the exclusion Following a review of the tariff quota applicable to imports of rebar (Category 13) under codes 72142000 and 72149910 from Vietnam, the UK Trade Protection Authority (TRA) recommended that imports of this product from Vietnam, previously excluded from the developing country exemption, should now be... 07.01.2026  11:00