Metallurgy news
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Average freight rates rose in May for finished steel imports from BrazilBrazil's central foreign trade system, Siscomex, reported that average freight rates for the country's imports of finished steel rose in May.The average freight rate for Brazilian steel imports was $60/t in May, up from $58/t in April, Siscomex said.Brazil's May imports of finished steel products…
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lion Mining will make the first direct shipment of iron ore from Brazil to Chinalion Mining, an iron ore producer based in Brazil's northeastern state of Piaui, is preparing its first shipment directly to China.The company produces approximately 1.5 million tons a year of ore with an average iron content of 65 percent, which has so far been shipped through the port of Pecsem…
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The Czech company Třinecké zelezárny reports a decrease in net profit and revenue in 2025Czech Republic's largest steel mill Třinecké Železárny has announced financial and operational results for 2025.The company generated a net profit of CZK 186 million (US$8.70 million) this year, compared with a net profit of CZK 316 million in 2024, and sales revenue of CZK 44.54 billion. (2.08…
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South Africa may impose AD duties on welded LD pipes from MozambiqueSouth Africa's International Trade Administration Commission (ITAC) has announced that it has recommended temporary anti-dumping duties on imports of large diameter welded steel pipes (LD) from Mozambique as a result of an investigation.The investigation, which was launched at the request of the…
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Rebar exports from the United States in April 2026 decreased by 14.9 compared to MarchAccording to export data from the U.S. Department of Commerce, rebar exports to the United States totaled 4,379 tons in April this year, down 14.9 percent month-on-month and 18.8 percent year-on-year. In value terms, rebar exports totaled $4.26 million in April, compared with $4.08 million in the…
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Imports of linear pipes to the United States in April 2026 increased by three percent compared to MarchAccording to the final data from the US Department of Commerce, imports of linear pipes to the United States in April this year amounted to 46,689 tons, which is three percent more than in March and 16.0 percent more than last year. In value terms, imports of linear pipes amounted to $51.45 million…
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Turkey's base metals capacity utilization increased in June 2026 compared to MayAccording to preliminary data released by the Central Bank of Turkey, the capacity utilization rate of Turkey's basic metals manufacturing industry was 76.3 percent in June this year, compared with 76.1 percent recorded in the previous month, while the capacity utilization rate of Turkey's base…
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Indonesia exports first batch of high-cost structural steel to CanadaIndonesia has exported $216,000 worth of high-value structural steel products to Canada, according to media reports, marking a new milestone for the country's steel industry and its efforts to expand exports of value-added products.The products were manufactured by PT Gunung Raja Paksi Tbk, one of…
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The EU's "melt and pour" requirement will come into force in October 2026.The European Parliament and the Council of the European Union have set deadlines for the implementation of a new framework to address the negative trade-related effects of global excess steel production in the EU market. The decree will replace the existing steel protection measures, which expire…
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Taiwan's base metals export orders increased by 3.7 percent in January-May 2026According to statistics released by Taiwan's Ministry of Economy, Taiwan's export orders for base metals and products made from them totaled $2.16 billion in May this year, an increase of 9.6 percent compared to May 2025 and 4.0 percent compared to the previous month. In April, Taiwan's export…
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