Metallurgy news
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Most EU steel import quotas have been exhausted as of the end of the first quarter, with usage exceeding 90% in key segmentsAs the first quarter of the EU quota period from January 1 to March 31 approaches, some import quotas for certain types of steel products allocated to South Korea, China, Turkey and Macedonia have already been exhausted, while more than 70 percent of quotas for some types of steel products have…
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Exports of steel scrap from Japan fell by 10.9% in January-February 2026According to customs statistics, Japanese ferrous scrap exports totaled 628,383 tons in February this year, down 5.5% from 665,219 tons in the same month the previous year. In January-February this year, the country exported 1.09 million tons of scrap, down 10.9 percent from last year.During this…
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Confidence in Turkey's construction sector decreased by 3.9 percent in March 2026 compared to FebruaryAccording to the monthly industry confidence survey published by the Turkish Statistical Institute (TUIK), the confidence index * for the construction sector in Turkey fell by 3.9 percent in March this year to 80.6 points compared to the previous month.According to indexes based on individual…
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SMS Group will supply dry coke quenching systems for SAIL IISCOGerman plant manufacturer SMS Group said it has signed a contract with Indian steelmaker Steel Authority of India limited (SAIL) to supply two dry coke quenching units at IISCO steel plant in Burnpur, West Bengal, along with its consortium partner MCK Kutty Engineers Pvt. Ltd.SMS Group said each…
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Meranti Green Steel and Millcon collaborate on low carbon steel production in ThailandSingapore-Based steel company Meranti Green Steel has announced the signing of a memorandum of understanding with Thai company Millcon Steel PCL on cooperation in developing low-carbon steel production in Thailand.The agreement aims to reduce greenhouse gas emissions throughout the steel production…
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India will partner with Argentina, Indonesia and Oman to supply steel raw materialsIndia will engage with Argentina, Indonesia and Oman next month to seek supplies of steel raw materials such as coking coal, iron ore and other key minerals, SteelOrbis reported from local media and industry reports on Friday, March 27.Discussions with key officials from these three countries are…
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Fenix reports disruption of iron ore supplies due to Cyclone Narelle and fuel shortageAccording to Australian iron ore producer Fenix Resources Ltd, its iron ore supply is facing potential disruptions due to Tropical Cyclone Narelle and diesel fuel supply restrictions, although the company has confirmed that its production and sales guidance for the 2025-26 fiscal year remains…
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US trade bar exports rose 16.1 percent in January 2026 compared to DecemberIn January of this year, U.S. exports of light bars (candy bars) totaled 4,567 tons, up 16.1 percent from December and up 13.1 percent from last year, according to U.S. Commerce Department export data. In value terms, trade bullion exports totaled $5.98 million in January, up from $5.02 million in…
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Standard pipe imports to the United States increased by nine percent in January 2026 compared to DecemberAccording to the final census data from the U.S. Department of Commerce, imports of standard pipes to the United States totaled 56,111 tons in January of this year, up nine percent from December and down 8.3 percent year-on-year. In value terms, imports of standard pipes totaled $53.34 million in…
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Chinese steel mills report gross loss of 2.47 billion yuan for January-February 2026China's ferrous smelting and rolling sector recorded a gross loss of 2.47 billion yuan ($0.36 billion) in January-February this year, compared with a gross loss of 1.55 billion yuan recorded in the same period in 2025, China's National Bureau of Statistics (NBS) announced on March 27.Gross profit…
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