Metallurgy news
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Car sales in Turkey decreased by four percent in the first quarter of 2026In March of this year, car sales in Turkey totaled 105,709 units, up 16.1 percent from January and down 13 percent year-on-year, according to monthly statistics released by the Association of Automobile Manufacturers of Turkey (OSD). In the same month, passenger car sales in Turkey totaled 79,857…
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Metinvest reduced total debt by 15% to $1.44 billion in 2025Metinvest B.V. (Netherlands), the parent company of the mining and metallurgical group Metinvest, in 2026 must repay $428 million on 2026 bonds at a rate of 8.5% per annum and $42 million on other obligations, for a total of $470 million. According to a presentation based on the annual report of…
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US releases final AD margins for PC thread from SpainThe U.S. Department of Commerce (DOC) has released the final results of its administrative review of the anti-dumping duty (AD) ruling on prestressed steel wire (PC) from Spain for the period June 1, 2023, through May 31, 2024.DOC has determined that Global Special Steel Products S.A.U. carried out…
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Imports of coking coal to Turkey decreased by 2.7 percent in January-February 2026, the volatile trend continues.In February of this year, the import of coking coal to Turkey amounted to 211,514 metric tons, which is 56.0 percent less than in January and 5.9 percent more year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, revenue from these imports…
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NBS: China rebar prices down 0.3 percent in early April 2026At the beginning of April (April 1-10) this year, the average price in China of HRB 400E 20mm rebar decreased by 10.2/mt ($1.5/mt) or 0.3 percent to 3181.6 yuan/t ($463/t) compared to the price at the end of March (March 21-31), as announced by the National Bureau of Statistics of China. During the…
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CAAM: Car sales in China decreased by 5.6% in January-March 2026In the period from January to March of this year, car production and sales in China totaled 7.039 million units and 7.048 million units, down 6.9% and 5.6% year-on-year, respectively, according to the Chinese Association of Automobile Manufacturers (CAAM).During the specified period, exports of…
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U.S. crude steel production up 0.7 percent – Week 15 of 2026According to the American Iron and Steel Institute (AISI), for the week ending April 11, 2026, U.S. domestic crude steel production was 1.843 million net tons, with a capacity utilization rate of 79.8 percent.Production for the week ending April 11, 2026 increased 0.7 percent compared to the…
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Exports of wire rod from Brazil jumped 26.2 percent in March.Brazil's wire rod exports reached 40,900 metric tons (mt) in March, up from 32,400 mt in February, up 26.23 percent, according to the Foreign Trade Secretariat SECEX of the Ministry of Development, Industry and Foreign Trade.The increase mainly reflects a 50 percent increase in exports to the…
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US and Canada drilling rig count declines - Week 15 of 2026Baker Hughes reported that for the week ended April 10, 2026, the number of rotary drilling rigs in the United States fell by three rigs each week to 545.The number of gas drilling rigs decreased by three to 127 , and the number of total oil drilling rigs remained unchanged at 411. The total number…
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Tensions in the Strait of Hormuz are driving up energy and logistics costs, raising risks for the steel industry.Escalating tensions between the United States and Iran have renewed concerns in global markets, with immediate impacts on energy, logistics and supply chains. The US naval blockade targeting Iranian ports, which comes into force today, April 13, represents one of the most significant measures seen…
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