Metallurgy news
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US initiates CVD investigation into certain tubular products from AustriaThe U.S. Department of Commerce (DOC) has initiated an investigation into the imposition of a countervailing duty (CVD) on certain oil country tubular goods (OCTG) from Austria. The petition was filed on April 2, 2026 by the United States OCTG Manufacturers Association (USOMA), the United States…
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USA publishes preliminary AD results for some pipes and tubes from ThailandThe U.S. Department of Commerce (DOC) has announced the preliminary results of an administrative review of the Anti-dumping Duty (AD) order on round-welded carbon steel pipes and tubes from Thailand for the period from March 1, 2024 to February 28, 2025.The Ministry of Commerce has previously…
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Financial costs result in net losses for ArcelorMittal Brasil in 2025.ArcelorMittal's Brazilian division announced a consolidated net loss equivalent to $368,507 million in 2025, compared with a net profit of $516,593 million in 2024.Financial expenses rose to $1.694 billion in 2025 from $992.7 million in 2024, making them the main source of losses. The company also…
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CISA: China's steel industry will control production and expand demand in the 15th Five-Year Plan, exports of semi-finished products will be limitedJiang Wei, vice chairman and general secretary of the China Iron and Steel Industry Association (CISA), said that to ensure a strong start to the development of the Chinese steel industry during the 15th Five-Year Plan period, three priorities must be implemented: first, controlling aggregate…
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The EU law on accelerating industrial development risks failure without clearer rules and closer industry coordination.An intersectoral debate organized by the Employers' Group of the European Economic and Social Committee has raised concerns that the EU's proposed Industrial Acceleration Act (IAA) may not achieve its goals without significant changes.Participants included the European Steel Manufacturers…
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TUIK: Turkey's steel export value fell by eight percent in the first quarter of 2026According to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), Turkey's foreign trade deficit increased by 56.0 percent to $11.21 billion in March this year compared to March 2025. exports ranked as the country's fifth-highest export value item at $1.05…
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Japan's steel exports decreased by 10.1 percent in January-March 2026According to customs statistics published by the Japan Federation of Ferrous Metallurgy (JISF), in March of this year, exports of iron and steel products from Japan amounted to 2.52 million metric tons, an increase of 15.6 percent month-on-month and a decrease of 9.1 percent year-on-year.In the…
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Aperam's net profit fell quarter-on-quarter in the first quarter of 2026, while sales revenue roseLuxembourg-headquartered global stainless steel producer Aperam SA announced its financial results for the first quarter of 2026.The company recorded a net profit of €3 million in the quarter, compared with a net profit of €29 million in the fourth quarter of 2025, moving to a profit compared with…
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Import pressure in the Latin American steel sector remained high in February 2026The Latin American steel sector maintained a downward trend in February, while import pressure remained high in the region. In February, purchases in foreign markets accounted for 41 percent of regional visible consumption. During the same period, steel production totaled 4.42 million tons, down…
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TUIK: Turkey's steel imports increased by 4.6 percent in the first quarter of 2026According to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), Turkey's iron and steel import value rose 14.1 percent year-on-year to $1.92 billion in March this year. Iron and steel were the country's sixth-most imported product by value in the month. In…
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