Metallurgy news
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Turkey's Çemtaş reports higher net losses and lower revenues in first quarter of 2026Turkish steel mill Çemtaş Çelik Makina Sanayi ve Ticaret A.Ş (Çemtaş) from Bursa announced financial and operating results for the first quarter of this year.Accordingly, in this quarter the company recorded a net loss of 270.38 million Turkish lira (5.98 million US dollars) compared to the net…
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Scrap imports to Turkey increased by 0.9 percent in January-March 2026 on the back of support from secondary sourcesIn March of this year, the volume of scrap imports to Turkey increased by 15.6 percent month-on-month and decreased by 2.4 percent year-on-year to 1.62 million metric tons, according to data provided by the Turkish Statistical Institute (TUIK). The value of these imports amounted to 619.21 million…
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WTO revises safeguards with focus on steel productsThe World Trade Organization (WTO) Safeguards Committee announced that it considered a total of 38 safeguards during its meeting on April 27, with much of the discussion focused on steel and metal products. Of the total, 12 measures were related to steel and metal products, highlighting ongoing…
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BMI raises coking coal price forecast for 2026 above $200/ton, despite weak demand forecastBMI's Country Risk and Industry Research division Fitch Solutions has announced that it has increased its price forecast for premium Australian low-volatile solid coking coal for 2026 to $210/ton from $190/ton previously. The revision reflects ongoing supply-side pressures on value, even as demand…
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US Steel Invests $1.9 Billion to Construct DRI Facility at Big River Steel MillUnited States Steel Corporation (US Steel) announced a $1.9 billion investment to build a direct reduction iron (DRI) plant at its Big River Steel Works campus in Arkansas, the first integrated DRI plant of its kind in the United States.The facility will be fed by DR-grade pellets produced by US…
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The net loss of Zaporizhstal increased to UAH 1.37 billion in January-MarchIn January-March of this year,PJSC Zaporizhia Metallurgical Plant Zaporizhstal increased its net loss 2.1 times compared to the same period last year, to UAH 1 billion 373.955 million from UAH 660.923 million.According to the company's interim report in the information disclosure system of the…
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US conducts second review of welded pipelines from South Korea and TurkeyThe United States International Trade Commission has initiated second five-year reviews of the duration of antidumping duty orders on welded pipeline pipe from South Korea and Turkey and countervailing duties on welded pipeline pipe from Turkey. The Commission will determine whether rescission of…
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ISA says US rebar market recovery will accelerate in Q2 2026The Independent Steel Alliance (ISA), headquartered in Atlanta, Georgia, released its Q2 2026 Rebar Market Sentiment Report, confirming that the U.S. rebar market recovery identified in the first quarter of 2026 is real and accelerating, with independent manufacturers poised for growth once they…
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US cancels review of AD order for non-alloy steel welded pipes from TaiwanThe U.S. Department of Commerce (DOC) has waived its administrative review of the anti-dumping duty (AD) ruling on round-welded non-alloy steel pipe from Taiwan for the review period from November 1, 2024 to October 31, 2025.The review was initiated on January 27, 2026. The Department of Commerce…
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The use of steel import quotas shows modest progress in BrazilBetween February 24 and June 23, 2026, the Brazilian foreign trade agency Siscomex allowed the import of 445,469 metric tons (mt) of finished steel products at regular tax rates.As of April 22, the average quota utilization rate has already reached 56 percent, compared with 50 percent on April 1…
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