Metallurgy news
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17.07.2026 15:00
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Turkey's pig iron imports concentrate on fewer suppliers as Russia strengthens leadership According to preliminary data from the Turkish Statistical Institute (TUIK), Turkey's pig iron imports totaled 252,114 metric tons in May this year, up 22.6 percent from April and up 7.8 percent year on year. Meanwhile, the value of these imports was $99.30 million, an increase of 35.6 percent...
17.07.2026 14:00
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EU and Turkey strengthen customs cooperation The EU-Turkey Customs Cooperation Committee (CCC) has decided to mutually recognize the respective Authorized Economic Operators (AEO) programs of the European Union and Turkey, marking a new step in strengthening customs cooperation between the two sides.The Authorized Economic Operators Mutual...
17.07.2026 14:00
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UK government nationalizes British Steel to protect domestic steel production The UK Government has officially taken local steel company British Steel into public ownership after the Steel Industry (Nationalization) Act received Royal Assent, concluding that nationalization was in the public interest and necessary to protect the country's steelmaking potential.The decision...
17.07.2026 13:00
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Jindal Group retains interest in Liberty Gala after the second auction failed to attract bids Indian conglomerate Jindal Steel Group, one of the largest steel producers in Asia, confirmed its interest in acquiring Liberty Gala after a visit by group chairman Navin Jindal to a Romanian steel mill, according to Romanian media reports.Jindal Steel, which acquired Liberty Ostrava in the Czech...
17.07.2026 13:00
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EUROFER: EU must reform ETS to reflect market reality to support decarbonization Ahead of the European Commission's review of the EU Emissions Trading Scheme (ETS), the European Steel Association (EUROFER) has reiterated its support for the EU's goal of achieving climate neutrality by 2050, warning that the ETS can only achieve its intended results if it reflects market...
17.07.2026 12:00
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Domestic steel consumption in Japan increased by 5.1 percent in January-May 2026 In May of this year, Japan's domestic consumption of steel products totaled 3.57 million metric tons, down 8.6 percent from the previous month but up 2.5 percent year-on-year, according to data released by the Japan Federation of Ferrous Metallurgy (JISF). Meanwhile, in the first five months of...
17.07.2026 12:00
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Mesabi Metallics completes first production blast at Minnesota iron ore mine Mesabi Metallics Company LLC (Mesabi Metallics), part of the Indian Essar Group, announced the successful completion of the first production blast at its new iron ore mine in Nashwauk, Minnesota. The move is described as a planned step towards producing first pellets later in the third quarter of...
17.07.2026 10:00
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Insteel Industries reports lower profits in the third quarter of 2026 as cost inflation outstrips price growth The American company Insteel Industries Inc. announced a net profit of $9.0 million for the third quarter of fiscal year 2026 ended June 27, 2026, compared with a net profit of $5.2 million in the second quarter of fiscal year 2026 and $15.2 million in the third quarter of fiscal year 2025. Net...
17.07.2026 10:00
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US has full sunset reviews planned for PC from 15 countries The United States International Trade Commission (USITC) has scheduled full five-year (sunset) reviews to determine whether the repeal of existing trade remedies orders on prestressed concrete steel wire (PS) strands from 15 countries will result in continued or recurrent material harm to the U.S....
17.07.2026 01:00
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