Metallurgy news
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US releases final advertisement on CTL sign from South KoreaThe U.S. Department of Commerce (DOC) has released the final results of its administrative review of anti-dumping duties (AD) on certain long carbon steel sheets (CTL sheets) from South Korea for the period February 1, 2024 to January 31, 2025.The Department of Commerce has determined that Dongkuk…
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The US initiates a CVD investigation into tin factory products from ChinaThe United States Department of Commerce (DOC) has announced the launch of an investigation into countervailing duty (CVD) on tin rolled products from China in response to a petition filed by the United States Steel Corporation and the United International Union of Workers in Steel, Paper and…
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Assofermet Akçai: Italian steel market faces weak demand and geopolitical uncertaintyAccording to the latest monthly market report published by Assofermet, the association representing Italian companies involved in the trading, distribution and processing of steel, scrap and non-ferrous metals, the Italian steel market continues to operate under conditions of widespread uncertainty…
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Turkish company Borusan Boru's sales revenue increased by 32.1 percent in the first quarter of 2026.Borusan Birlešik Boru Fabrikaları San. and Tick. HOW. (Borusan Boru) announced its financial results for the first quarter of 2026. The company's sales for the period were recorded at 279,600 tons, up eight percent from last year.Borusan Boru's sales revenue rose 32.1 percent year-on-year to $421.6…
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Freight traffic on the Chinese Daqin Railway increased by 3.79 percent in January-April 2026The volume of freight traffic on the Daqing Railway in China in January-April this year amounted to 128.02 million tons, which is 3.79 percent more than last year.In April alone, freight traffic on the Daqing Railway totaled 31.16 million tons, up 1.76 percent from last year, 4.68 percentage points…
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liberty Galati continues with revised sales target of €444 million due to financing problemsRomania's only sheet steel manufacturer liberty Galati continues its restructuring process, with administrators now preparing a new attempt at an international sale at a significantly reduced valuation to attract investors and stabilize the company's future. The latest developments come as the…
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Trump warns EU to meet trade commitments by July 4, or face higher tariffsUS President Donald Trump said on social media that he had a telephone conversation with European Commission President Ursula von der Leyen to discuss geopolitical issues, trade relations between the EU and the United States, and tariff policy. According to him, the two sides also discussed broader…
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India's iron ore imports fell 11% on April 26India's iron ore (including pellets) imports stood at about 0.98 million tonnes in April 2026, down 11 percent from 1.11 million tonnes in March but up significantly from 0.38 million tonnes in April 2025, according to BigMint data. The total included 0.93 million tonnes of fine and lump iron ore…
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Tenaris forecasts growth in net profit and sales revenue in the first quarter of 2026, despite logistical problems related to the war in IranLuxembourg-based Tenaris, an international steel pipe manufacturer, has announced its financial results for the first quarter of this year.Accordingly, in this quarter, the company's net sales amounted to $3.10 billion, which is four percent more than in the fourth quarter and six percent more…
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Production of base metals in Turkey in March 2026 decreased by 0.4 percent compared to FebruaryAccording to data published by the Turkish Statistical Institute (TUIK), in March this year, Turkey's seasonal-calendar monthly industrial production decreased by 0.8 percent compared to the previous month, while the calendar-adjusted index decreased by 1.1 percent compared to March 2025.Turkey's…
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