Metallurgy news

• The number of drilling rigs in the USA is decreasing, and the number of drilling rigs in Canada is increasing – 53rd week of 2025 Baker Hughes reported that in the week ending December 23, 2025, the number of rotary drilling rigs in the United States increased by 3 to 545.The number of drilling rigs for gas production remained unchanged at 127, while the number of drilling rigs for oil production increased by 3 to 409. Total... 29.12.2025  15:00

• Kurum International invests 150 million euros in the new MIDA plant in Albania According to local media reports, Italian plant Danieli has signed an agreement with Albanian steel producer Kurum International to build a green steel plant in Albania, marking the first implementation of a MIDA plant in Europe.A new green steel plant will be built in Elbasan with a total... 29.12.2025  14:00

• Turkish industrialists urge lower taxes on stainless steel After the introduction of an anti-dumping duty of 3.95 percent on imports of cold-rolled flat stainless steel from China, the total tax burden on imported raw materials increased to 16 percent with the existing additional customs duty of 12 percent. Following the decision, Turkish industrialists... 29.12.2025  14:00

• Haluk Kayabaşı: Anti-dumping duty on stainless steel will be the key to new investments Commenting on Turkey's 3.95% anti-dumping duty on imports of cold-rolled stainless steel from China, Haluk Kayabasi, CEO of Kibar Holding, said the decision will help prevent unfair competition in imports, pave the way for a level playing field in the steel sector and reduce Turkey's external... 29.12.2025  12:00

• U. S. releases final subsidy rates for BASIC steel from four countries The U.S. Department of Commerce (DOC) has announced the final results of the administrative review of the Countervailing Duty Ordinance (CVD) on certain corrosion-resistant steel products (CORE) from Brazil, Canada, Mexico and Vietnam for the period from January 1, 2023 to December 31, 2023.The DOC... 29.12.2025  12:00

• U.S. wire exports rose 2.9 percent in August 2025 compared to July According to export data from the U.S. Department of Commerce, wire exports to the United States totaled 6,315 tons in August this year, up 2.9 percent month-on-month and down 11.7 percent year-over-year. In value terms, wire exports totaled $15.9 million in July, up from $16.1 million the previous... 29.12.2025  11:00

• Imports of rolled steel products to the United States increased by 2.3 percent in August 2025 compared with July According to preliminary data from the U.S. Department of Commerce census, in August 2025, imports of cutting plates to the United States amounted to 51,270 tons, which is 2.3 percent more than in July and 66.3 percent more than in August 2024. In value terms, imports of rolled steel amounted to... 29.12.2025  11:00

• Canada supports AD/CVD orders for valve imports from three countries The Canada Border Services Agency (CBSA) has completed its review of the expiration of anti-dumping duty (AD) on fixtures from China, South Korea and Turkey, as well as its review of the expiration of countervailing duty (CVD) on this product from China, and has determined that the expiration of... 29.12.2025  10:00

• Turkey's Kardemir has released planned sales volumes for the 1st quarter of 2026 The Turkish manufacturer of integrated long steel Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. (Kardemir) announced the planned sales volumes of rebar, billets, beams and rods in rolls for January-March next year.According to the company's statement, Kardemir will sell 156,000 tons of rebar,... 29.12.2025  10:00

• Xinxing Ductile Iron Pipes subsidiary acquires 100 percent of JYCRS shares China steel plant Xinxing Ductile Iron Pipes Co., Ltd. Hebei-based Xinxing Ductile Iron Pipes announced that it has approved the acquisition of 100 percent of the shares of Jiangyin China Resources Steelmaking Co., Ltd. by its subsidiary, Wuhu Xinxing Ductile Iron Pipes of Anhui Province. (JYCRS)... 29.12.2025  09:00