Metallurgy news
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The Italian newspaper Assofermet criticizes the EC for the "incomprehensible and unjustified" delay in the publication of protective quotas for a particular country.Assofermet, the Italian association representing the trade, distribution and processing of steel products, issued a press release today, June 26, in which it calls on the European Commission to "proceed with the adoption of country-specific quotas" of the new protective regulation, "putting an end…
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Diler Demir Çelik achieved record monthly wire rod production in MayTurkish steel producer Diler Demir Çelik announced that its rolling mill achieved its highest ever monthly production in May this year.Accordingly, the company's wire mill produced 48,000 tons in a given month on a single production line covering 26 different diameters and 37 different grades of…
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IMF: Supply and supply chains need time to normalize after opening of HormuzJulie Kozak, Director of Public Relations at the International Monetary Fund (IMF), commented on the global economy as a whole and the impact of the conflict in the Middle East during a briefing on the latest international developments.Kozak stated that the conflict has once again tested the…
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UK softens new steel import quotas to 51% instead of 60%The UK Government has confirmed details of the implementation of its new steel trade measure, which will come into force on 1 July 2026 and replace the current steel safeguard regime. The government has revised the scope of tariff rate quotas following talks with UK steel-using businesses and…
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Exports of scrap steel from Japan decreased by 9.5 percent in January-May 2026In May of this year, Japanese exports of ferrous scrap amounted to 595,468 tons, which is 8.1 percent less than 648,253 tons in the same month of the previous year, according to customs statistics. In the period from January to May of this year, the country exported 2.95 million tons of scrap…
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India launches AD studies on import of alloy and non-alloy hot rolled products from three countriesIndia's Directorate General of Trade Measures (DGTR) has initiated anti-dumping (AD) investigations into imports of alloyed and unalloyed hot-rolled flat products from China, Japan and Russia, a government official said on Friday, June 26, citing a notice issued by the trade regulator.The…
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UK steelmakers remain concerned about the new steel trade regimeThe British Trade Association UK Steel welcomed the UK government's final steel trade measure, which is due to come into force on July 1, 2026, calling it an important step towards strengthening the country's industrial resilience, while steelmaker Tata Steel UK expressed concern that some quotas…
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EUROFER: EU steel exports continue to weaken amid global trade tensionsAccording to the Economic Committee of the European Steel Association (EUROFER) Steel Market Outlook 2026-2027/Q2 2026 report, EU steel exports to third countries continued to weaken in early 2026 amid ongoing global trade tensions and lower international demand.EUROFER said total EU steel exports…
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Tubacex's orders for the umbilical cord in 2026 so far exceed € 100 million.Tubacex, a Spanish manufacturer of seamless stainless steel pipes, has received new orders for hose cables worth more than 80 million euros from a global supplier of underwater technologies, increasing the total volume of orders for these products to more than 100 million euros in 2026 after…
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Indian refractories RHI Magnesita and Khemka to set up recycling plant to reduce waste of refractory materialsIndia's RHI Magnesita and Khemka Refractories Limited (KRL) have entered into a joint venture agreement to establish a refractory materials recycling plant in the eastern state of Odisha to expand the extraction and reuse of refractory materials in the country, according to a statement released by…
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