Metallurgy news
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MOC: The average price of rebar in China decreased by 0.6 percent on June 22-28, 2026The Chinese Ministry of Commerce (MOC) announced that in the period from June 22 to June 28 this year, average prices for finished steel in China decreased slightly.During this period, the average prices for high-speed wire rod, rebar and ordinary steel plate decreased by 0.6 percent, 0.6 percent…
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Zaporizhstal produced 1.44 million tons of steel in six monthsIn January-June of this year, the Zaporizhia Metallurgical Combine Zaporizhstal reduced the shipment of rolled products by 6.3% compared to the same period last year to 1 million 272.2 thousand tons from 1 million 317.5 thousand tons. 442.9 million tons (in January-June 2025 - 1 million 564.1…
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Cleveland Cliffs wins US defense contract worth $400 millionThe US War Department has published a notice of a contract worth up to $400 million, which was awarded to the American Cleveland-Cliffs Steel Corp. for the supply of Grain Oriented Electrical Steel (GOES) in its daily contract announcement dated July 1, 2026. The five-year, indefinite-delivery…
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Brazil calls US import tariff increases unjustifiedBrazilian Foreign Minister Mauro Vieira sent a 29-page letter to the United States Trade Representative (USTR), calling recent 25 percent import tariffs on imported pig iron and other steel products "unjustified." 301.As for specific claims, Vieira said the US Trade Representative has not proven…
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The number of drilling rigs in the USA is increasing, in Canada it is decreasing - Week 27, 2026.Baker Hughes reported that for the week ended July 2, 2026, the number of U.S. rotary drilling rigs increased by seven rigs for the week to 580.The number of gas production rigs increased by one to 126, and the number of oil production rigs increased by five to 445. The total number of U.S…
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Brazil criticizes EU's unilateral decision on steel imports to MercosurIn a joint statement, Brazil's Ministry of Foreign Affairs (MRE) and Industry, Trade and Services (MDIC) criticized new measures taken this week by the European Union (EU) to limit steel imports from Mercosur countries.The statement said the changes would limit access to the European market and…
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US releases final results of GCC sunset survey via wire mesh from MexicoThe U.S. Department of Commerce (DOC) has released the final results of its expedited first review of the countervailing duty (CVD) order on standard steel welded wire mesh (wire mesh) from Mexico, finding that withdrawal of the order would likely result in the continuation or resumption of…
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Turkish company Ekinciler Demir Çelik received an order for valves worth $4.97 million from Central AmericaTurkish steel manufacturer Ekinciler Demir ve Çelik Sanayi A.Ş. announced that it has received an order for valves valued at US$4.97 million as part of its export activities in the Central American market, reflecting the continued growth of its sales to the region.With the latest order, the…
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The June export of Kardemir railway wheels to Europe reached $7.75 million.Turkish integrated long products manufacturer Kardemir Karabuk Demir Celik Sanayi ve Tijaret A.S. Kardemir has announced that it continues to strengthen its presence in the European market by signing a new contract for the export of railway wheels worth $3 million, tailored to customer…
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Arabian Pipes has signed a $35 million steel pipe supply contract with AramcoSaudi Arabian Pipes Company, a pipe manufacturer, has announced the signing of a new contract with Saudi oil and gas giant Aramco for the production and supply of steel pipes, which will further strengthen its order portfolio and strengthen its position in the domestic energy supply chain.According…
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