Metallurgy news
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Yemen will remain Turkey's largest rebar market in January-May 2026 as export growth shifts away from the BalkansIn May of this year, the volume of rebar exports from Turkey decreased by 31.4 percent month-on-month and decreased by 17.9 percent year-on-year to 299,300 metric tons, according to data provided by the Turkish Statistical Institute (TUIK). The value of these exports amounted to 171.10 million…
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Australian company Hancock Iron Ore begins mining iron ore at the McPhee Creek mineAustralian mining company Hancock Iron Ore has announced that its McPhee Creek mine in Western Australia has produced its first ore, marking the transition of the $840 million Pilbara project from construction to operation after approximately 19 months of development.Located approximately 100 km…
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Tenaris begins work at a new service center in Suriname for the GranMorgu offshore projectLuxembourg-based steel pipe manufacturer Tenaris has announced the start of operations at its new service center in Paramaribo, Suriname, built to support the TotalEnergies GranMorgu project, the country's first major offshore project.The 74,500 square meter service center has a capacity of 15,000…
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MMK reduces coke consumption in blast furnace productionMagnitogorsk Iron and Steel Works (MMK), a Russian steel company, said it had achieved economic benefits in excess of 5.5 billion rubles thanks to measures implemented as part of a program to reduce coke consumption in blast furnace production.The program, launched in August 2024 as part of MMK's…
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EU to reduce duty-free steel imports by 47%Starting from Wednesday, the European Union will additionally limit the volume of duty-free steel imports, the European Commission (EC) said in a statement.The new rules provide for a 47% reduction in these volumes, to 18.3 million tons per year, and do not apply to the countries of the European…
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Ukrainian Zaporizhstal reported a decrease in production in the first half of 2026The Ukrainian metallurgical plant Zaporizhstal, owned by Metinvest, announced production results for June and the first six months of 2026.In June, Zaporizhstal produced 301,200 tons of pig iron, 284,900 tons of steel and shipped 243,700 tons of steel. rolled products - an increase of 2.9%, 6.5%…
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CMRG restricts supplies of low-grade Fortescue iron ore to ChinaChina Mineral Resources Group (CMRG) has instructed some domestic steel mills not to accept certain port iron ore products supplied by Australian mining company Fortescue, the latest step in Beijing's efforts to tighten control over the country's iron ore market, according to a Reuters report based…
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BHP highlights blast furnace decarbonization as key pathway for steel industrySteel remains one of the world's most important materials, producing almost 2 billion tons annually, according to Australian mining company BHP. More than 70 percent of global steel production is now based on the blast furnace-blast-oxygen furnace (BF-BOF) route, while most of the remainder is…
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Car sales in Turkey decreased by 8.2 percent in January-June 2026In June of this year, sales of passenger cars and light commercial vehicles in Turkey increased by 25.9 percent month-on-month and decreased by 11.4 percent year-on-year to 105,041 units, according to statistics released by the Turkish Automobile Distributors and Mobility Association (ODMD). This…
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Indian BCCL forecasts a 13% decline in coking coal production in June 2026Bharat Coking Coal limited (BCCL), a wholly owned operating subsidiary of state-owned Coal India limited (CIL), achieved coking coal production of 2.17 million tonnes in June 2026, down 12.5 percent from the corresponding month of the previous year, according to the company's report on Thursday…
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