Metallurgy news
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TUIK: The value of steel exports from Turkey in January-February 2026 decreased by 13.2 percentTurkey's foreign trade deficit increased by 15.9 percent to $9.31 billion in February this year compared to February 2025, according to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK). In the first two months of this year, Turkey's foreign trade deficit…
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TUIK: the cost of steel imports to Turkey in January-February 2026 will remain unchangedAccording to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), in February of this year, the value of iron and steel imports to Turkey increased by 5.7 percent year-on-year, amounting to $1.67 billion. In this month, iron and steel ranked sixth among the…
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Imports of sheet metal coils to the United States in January 2026 increased by 4.5 percent compared to DecemberU.S. sheet coil imports totaled 53,277 tons in January 2026, up 4.5 percent from December and down 60.4 percent from January 2025, according to preliminary data from the U.S. Department of Commerce. In value terms, sheet coil imports totaled $37.57 million in January this year, up from $34.83…
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Odisha plans to hold an auction for 34 mineral blocks in the fiscal year 2026-2027, including iron ore and manganese.The government of the East Indian state of Odisha has set a target to auction 34 mineral blocks, including iron ore and manganese, during the 2026-2027 fiscal year, a government official said on Tuesday, March 31.The official said that these mineral assets are scattered across 12 districts of the…
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Russian MMK expands its valve portfolio with high-strength corrosion-resistant gradesThe Russian metallurgical plant Magnitogorsk Iron and Steel Works (MMK) announces the launch of new high-strength reinforcement grades with guaranteed resistance to stress corrosion cracking, expanding its portfolio of promising construction projects.New grades include A500SCK/A500SNK and…
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Malaysia's Southern Steel signs Ann Joo Steel acquisition dealThe Malaysian company Southern Steel Berhad (SSB) has announced the signing of an agreement with the local steel company Ann Joo Resources Berhad on the proposed acquisition of 100 percent of the issued share capital of the latter.The transaction is governed by the terms of the purchase and sale…
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TenarisSaudiSteelPipes will supply oil and gas pipes to Saudi AramcoSaudi pipe manufacturer TenarisSaudiSteelPipes, formerly known as Saudi Steel Pipe Co. (SSP), announced the signing of a contract with the Saudi oil and gas company Saudi Aramco for the supply of oil and gas pipes worth 127 million riyals ($33.86 million).In accordance with the contract, Saudi…
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Taiwan's CSC reports lower operating income for January-February 2026China Steel Corporation (CSC), Taiwan's largest steel producer, has announced preliminary financial results for the first two months of this year.In February, the company's carbon steel sales totaled 579,771 tons, while in January-February, carbon steel sales totaled 1.17 million tons.In…
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A European Parliament committee proposes to expand the scope of CBAM for processed productsThe European Parliament's International Trade Committee has published a draft opinion proposing amendments to the Carbon Border Adjustment Mechanism (CBAM), aimed at expanding its scope to refined products and strengthening anti-circumvention measures.The proposal aims to ensure consistent carbon…
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