Metallurgy news
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17.03.2026 16:00
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17.03.2026 16:00
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US steel imports rose 4.6 percent in January 2026 compared to December Monthly U.S. steel imports in January this year increased 4.6 percent from December and fell 46.3 percent year over year to 1,498,912 tons, according to preliminary U.S. Commerce Department census data. In value terms, US steel imports in January were $1.53 billion, up from $3.09 billion in January...
17.03.2026 15:00
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Steel trade in the Gulf states is facing increasing uncertainty as the destruction of Hormuz alters trade flows and logistics Uncertainty has been growing in the Persian Gulf steel market in recent weeks, as disruptions in the Strait of Hormuz continue to affect established trade flows and logistics schemes. Cargo movement has become less predictable, while cargo transportation conditions remain extremely volatile,...
17.03.2026 15:00
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ICD arranges $900 million financing for Mauritanian iron ore project According to a press statement issued by the Islamic Corporation for Private Sector Development (ICD), the private sector arm of the Islamic Development Bank Group (ISDB), the institution will arrange financing of up to $900 million for the Saudi Mining and Steel Company (Takamul) iron ore project...
17.03.2026 14:00
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Vietnam's steel imports decreased by 42.6 percent in February 2026 compared to January In February of this year, steel imports from Vietnam totaled 873,107 tons, down 42.6 percent from January, while scrap metal imports were recorded at 432,882 tons, down 14.7 percent from the same month, according to data released by the General Administration of Customs of Vietnam In the first two...
17.03.2026 14:00
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India's Tata Steel and China's University Low Carbon Steel R&D Pact India's Tata Steel limited and Beijing University of Science and Technology (USTB) have signed a memorandum of understanding (MoU) to advance research and development in low-carbon steel technologies, the company said in a statement on Tuesday, March 17.The collaboration brings together industrial...
17.03.2026 13:00
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Car sales in Turkey increased by 2.6 percent in January-February 2026 In February of this year, car sales in Turkey totaled 91,053 units, up 17.3 percent from January and down three percent year-on-year, according to monthly statistics released by the Association of Automobile Manufacturers of Turkey (OSD). In the same month, passenger car sales in Turkey totaled...
17.03.2026 13:00
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SMS Group will supply flowering castor to the Chinese company Xiangtan Iron & Steel According to German manufacturer SMS Group, Chinese steel manufacturer Xiangtan Iron & Steel (Group) Co., Ltd. entered into a contract with the company to supply new four-strand castor for flowering SMS Concast for its existing converter shop in Xiangtan. Commissioning of the new bloom caster is...
17.03.2026 12:00
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Danieli will supply a welder for cylindrical ingots to the Turkish company Ekinciler Italian manufacturer Danieli Technologies has announced that Turkish steel manufacturer Ekinciler Demir Celik has signed a contract with the company for the supply of a horizontal welding machine for a sixth-generation rolling mill in Turkey, which is scheduled to be launched in the second quarter...
17.03.2026 12:00
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