Metallurgy news
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Hyundai Steel, POSCO and Fives sign contract to build steel plant in LouisianaFrench engineering company Fives Group has announced the signing of a major contract to design and supply advanced automotive steel coil finishing lines for Hyundai Steel and the planned POSCO plant in Louisiana. Low carbon sheet steel plant with a strong focus on AutomotiveAs SteelOrbis previously…
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BAZ Steel signs Memorandum of Understanding with SAAL to localize steel pipe production in Saudi Arabia as part of Vision 2030Saudi Arabian steel manufacturer BAZ Steel has signed a memorandum of understanding with local pipe manufacturer SAAL Industrial Technology Co., a subsidiary of China's Baotou City Joyun Co., to support the localization of steel pipe production in Saudi Arabia.Baz Steel said the agreement is in…
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Turkish company Kardemir commissioned concaster No. 2 to increase production of high value-added steelTurkish integrated producer of long products Kardemir Karabuk Demir Çelik Sanayi ve Ticaret A.S. (Kardemir) announced the commissioning of continuous casting machine No. 2 on April 3, 2026, to commemorate the company's 89th anniversary.The investment follows the completion of key projects…
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UK introduces new steel trade measures, extends protections to two new productsThe UK Government has published a briefing note on new trade measures on steel, which previews the products to which the measure applies, the amount of steel that can enter the UK tariff-free and the tariff applied to quota-free imports. The government has outlined additional product coverage and…
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Tata Steel UK secures financing for low-emission steel wind tower projectTata Steel UK has announced that it has received funding from the Welsh Government for a joint project aimed at developing the next generation of wind turbine towers using low-emission steel solutions.Supporting the transition to EAF steel productionThe project aims to accelerate the design and…
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Domestic prices of Turkish metal producers increased by 2.28% in March 2026 compared to FebruaryAccording to statistics released by the Turkish Statistical Institute (TUIK), in March this year, the domestic producer price index (PPI) for the Turkish industry as a whole increased by 2.30 percent month-on-month and 28.08 percent year-on-year, while an average increase of 25.98 percent was…
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Indian company Jindal Steel limited introduces synthesis gas into steelmaking processesIndia's Jindal Steel limited (JSL) has successfully deployed syngas (syngas) derived from domestically sourced coal at multiple stages of its steel operations, the company said in a statement on Monday, April 6.JSL has since become the first company in the world to use coal gasification technology…
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Çetin Tekdelioglu: Turkey's export growth will be driven by value-added manufacturing and digitalizationRe-elected as Chairman at the regular General Assembly of the Istanbul Ferrous and Non-Ferrous Metals Exporters Association (IDDMIB), Çetin Tekdelioglu said that in his new term, the association will follow a roadmap aimed at increasing value-added exports, digitalization and…
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Fatih Birol: The crisis in the Strait of Hormuz could trigger a transformation of the energy systemIn an interview with the Turkish newspaper Oksijen, the executive director of the International Energy Agency (IEA), Fatih Birol, said that events in world energy markets after the closure of the Strait of Hormuz could represent not only a short-term supply shock, but also the beginning of a…
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Indian NMDC limited increases prices for iron ore pieces and fines with immediate effect - April 6, 2026Indian state-owned mining company NMDC limited has increased the price of iron ore lumps and penalties with immediate effect, company sources said on Monday, April 6.Sources said the price of iron ore lumps (67% Fe content, 10-40 mm) has been increased by INR 550/mt ($6/mt) to 5900 INR/mt ($63/mt)…
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