Metallurgy news
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Commodity Finance Group IREPAS: Steel derivatives are gaining popularity as a risk management and financing toolIn a discussion moderated by Alberto Hodo, LME Product Specialist, at the SteelOrbis 2026 Spring Conference and IREPAS 94th Meeting taking place April 26-28 in Amsterdam, panelists John Short, CEO of Boomer Commodities, and Philip Price, founder of Pool, highlighted the growing role of steel…
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Jack Lang: Default emissions values can double or triple CBAM costsSpeaking at the second session of the SteelOrbis 2026 Spring Conference and the 94th IREPAS meeting, Jack Lang, carbon specialist at the British carbon accounting platform CarbonChain, made a presentation on the EU Carbon Boundary Regulation Mechanism (CBAM).Mr. Lang stated that the final phase of…
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Alexander Gordienko: India will become the strongest market for steel demand in 2026Speaking at the SteelOrbis 2026 spring conference and the 94th meeting of IREPAS, Alexander Gordienko, export director of Spain's CELSA Group, said global GDP growth remains positive but weaker than expected.According to the International Monetary Fund, he noted that global growth in 2026 has been…
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Iran has banned the export of steel sheet and slab products until May 30.The Trade Development Organization of Iran has banned the export of slabs, hot-rolled sheets, cold-rolled sheets, tinned sheets, other coated sheets and color-coated rolls listed under 66 tariff codes until May 30, according to a Reuters report. No further details regarding the decision were…
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U.S. standard pipe imports fell 12.9 percent in February 2026 compared to JanuaryU.S. standard pipe imports totaled 48,817 tons in February of this year, down 12.9 percent from January and down 16.0 percent year over year, according to final U.S. Department of Commerce Census data. In value terms, standard pipe imports totaled $47.26 million in February, up from $53.34 million…
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Base metal production in Taiwan increased by 41.8 percent in March 2026 compared to FebruaryAccording to Taiwan's Ministry of Economy (MOEA), Taiwan's industrial production index increased by 26.35 percent in March this year from the previous month and grew by 28.68 percent year-on-year. Meanwhile, Taiwan's seasonally adjusted industrial production index increased by 1.62 percent…
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Fortescue reports mixed Q3 FY26 iron ore results, retains managementAustralian iron ore miner Fortescue Metals Group announced its operating results for the third quarter and first nine months ended March 31 of its 2025-26 financial year.In the second quarter, the company's iron ore shipments fell 4.2 percent from the second quarter and rose 4.9 percent from the…
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U.</p><p>S. trade bar exports decreased by 23.8 percent in February 2026 compared to JanuaryAccording to the export data of the US Department of Commerce, exports of light bars to the United States in February this year amounted to 3,478 tons, which is 23.8 percent less than in January and 17.2 percent less year-on-year. In value terms, exports of merchant bars totaled $4.67 million in…
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Indian RINL has placed an export offer for 60,000 tons of billets for delivery by June 30Indian state-owned steelmaker Rashtriya Ispat Nigam limited (RINL) has floated an export tender for 60,000 tonnes of high-quality ingots for delivery by June 30, 2026, company sources said.Sources said the last date for submission of bids has been set for April 30, 2026, with a minimum quantity of…
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Utilization of base metal production facilities in Turkey increased in April 2026 from MarchIn April of this year, the capacity utilization rate in the Turkish metallurgical industry was 75.1 percent, compared with 74.8 percent recorded in the previous month, while the capacity utilization rate in the Turkish metallurgical industry was 72.7 percent in April 2025, according to preliminary…
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