Metallurgy news
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Global crude steel production fell 4.6 percent in November 2025 Global crude steel production fell 4.6 percent year-on-year to 140.1 million tons in November this year, according to the World Steel Association.In the first eleven months of this year, global crude steel production fell two percent year-on-year to 1.66 billion tons.In November, steel production...
23.12.2025 13:00
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Vietnam's Hoa Phat targets high-speed rail market with new Dung Quat Railway Plant The Vietnamese steel producer Hoa Phat Group has officially opened its railway and special steel mill Hoa Phat Dung Quat, which is an important step in the group's strategy to expand the production of high-tech steel products with added value.The project is designed to supply high-speed railway...
23.12.2025 13:00
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Canadian Champion Iron expands high-grade iron ore portfolio with acquisition of Rana Gruber Canadian iron ore producer Champion Iron limited announced that it has entered into an agreement to acquire all shares of Norwegian high-grade iron ore producer Rana Gruber ASA for approximately NOK 2.93 billion ($289 million).The transaction received unanimous support from Rana Gruber's executive...
23.12.2025 12:00
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US Steel to replace BF No. 14 cladding at Gary Works The United States Steel Corporation (US Steel) has made strategic progress on major projects in Indiana, with key investments funded and accelerated through a partnership with Nippon Steel Corporation, a Japanese steel company. The company announced that the company's board of directors has...
23.12.2025 12:00
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Masteel Completes Hot Load Testing of HDG Project No. 6 On December 22, China's Ma'anshan Iron and Steel, a subsidiary of Baowu Group, successfully completed the hot load test of its No. 6 cold-rolled hot-dip galvanized production line, signaling the start of production operations, according to China Baowu Group.Construction work on the project began on...
23.12.2025 11:00
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India and New Zealand are completing the FTA, the agreement will be signed next year. India and New Zealand have reached an agreement on a free trade agreement (FTA), which will be officially signed in the first quarter of next year, the government said in a statement released on Tuesday, December 23.Under the terms of the agreement, India will receive duty-free access to export all...
23.12.2025 11:00
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Borusan Berg Pipe has a large order for pipes in the USA, production planned for 2027 Turkish steel pipe manufacturer Borusan Birleşik Boru Fabrikaları Ticaret A.Ş. (Borusan Boru) announced that its US subsidiary Borusan Berg Pipe has received a new pipe supply order valued at $553 million following extensive commercial negotiations in the US.Production planned at the Alabama pl...
23.12.2025 10:00
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The United States preliminarily finds dumping on fittings from Algeria The US Department of Commerce (DOC) has announced the preliminary results of an investigation into fittings from Algeria. The investigation period is from April 1, 2024 to March 31, 2025.The DOC has previously determined that fittings from Algeria are being sold or are likely to be sold in the...
23.12.2025 10:00
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US and Canada drilling rig count declines - Week 52 of 2025 Baker Hughes reported that the number of rotary drilling rigs in the United States fell by 6 to 542 for the week ended December 19, 2025.The number of gas production rigs remained unchanged at 127, and the number of oil drilling rigs decreased by 6 to 415. The total number of drilling rigs in the...
23.12.2025 02:00
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Production of untreated steel in the United States decreased by 1.6 percent - 52nd week of 2025 According to the American Institute of Iron and Steel (AISI), for the week ended December 20, 2025, domestic production of raw steel in the United States amounted to 1.725 million net tons, and the capacity utilization rate was 76.3 percent.Production for the week ended December 20, 2025 decreased...
23.12.2025 02:00
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