Metallurgy news

• BIR: Worldwide recycled steel use reaches 630 million tons, Türkiye still the largest importer According to calculations made by the Bureau of International Recycling (BIR) and the World Steel Association (Worldsteel), global steel production uses about 630 million tons of recycled steel each year. This level of scrap recycling prevents nearly 950 million tons of carbon emissions per year,... 20.02.2026  17:00

• The Metinvest Adria project in Piombino has become one of Europe's mega investments According to a statement released by Metinvest Adria, the Piombino steel project has entered the top five most influential foreign direct investment (FDI) in Europe in the fDi Intelligence (Financial Times) "Investment Impact Awards 2026" ranking.The company informs in detail that the project,... 20.02.2026  17:00

• Nippon Steel: China's steel oversupply in Asia may be coming to an end A senior executive at Japanese steelmaker Nippon Steel has reportedly indicated that Asia's long steel glut, fueled by Chinese exports, may be coming to an end, potentially paving the way for the market to stabilize.Nippon Steel Chief Financial Officer Takahiko Iwai said Chinese exporters are... 20.02.2026  16:00

• The Turkish company Yükselen Çelik reports losses for 2025, cost reduction measures are being implemented Turkish steel producer Yükselen Çelik has announced financial results for 2025.Last year, the company reported a net loss of 187.74 million Turkish liras ($4.28 million), compared with 485.58 million Turkish liras in 2024. Yükselen Çelik's operating profit was 73.3 million Turkish liras ($1.67 mil... 20.02.2026  16:00

• US amends final dumping margin on round welded pipe from Thailand's Saha Thai Pipe The U.S. Department of Commerce (DOC) announced that it has amended the order and final determination regarding its anti-dumping investigation into the import of certain round welded carbon steel pipes and pipes from Saha Thai Steel Pipe Public Company limited on the basis that the final... 20.02.2026  15:00

• UNESCO: Steel production in Spain decreased slightly in 2025 According to the Spanish steel producers Association UNESCO, last December, Spanish steel production totaled 686,000 tons, down 25.4 percent month-on-month and 38.3 percent year-on-year. For the whole of 2025, the country's steel production amounted to 11.80 million tons, compared with 11.87... 20.02.2026  15:00

• Foreign sales prices of Turkish metal producers rose 4.35 percent in January 2026 compared to December According to data published by the Turkish Statistical Institute (TUIK), in January 2026, the Turkish Producer Foreign Sales Price Index (PPI)* increased overall by 4.06 percent compared to December and by 35.12 percent year-on-year, while an average increase of 27.63 percent was recorded over the... 20.02.2026  14:00

• CBAM implementation creates uncertainty for Dutch steel importers The Royal Dutch Steel Federation said that the introduction of the EU Carbon Boundary Adjustment Mechanism (CBAM) is expected to put significant short-term pressure on the Dutch manufacturing industry, especially in the steel sector.While CBAM aims to prevent carbon leakage by equalizing carbon... 20.02.2026  14:00

• Oman's Al Jazeera Steel approves two wholly owned US companies Omani-based steel tube and pipe manufacturer Al Jazeera Steel Products has approved the establishment of two subsidiaries in the United States, according to a regulatory filing to the Muscat Stock Exchange (MSX).The announcement was disclosed by the company in a recent MSX filing, citing a board... 20.02.2026  13:00

• India's Atmastco has received a $26 million order for the construction of a heating furnace at the SAIL BHILAI steel mill. The Indian engineering, Procurement and Construction Company (EPC) Atmastco Limited has received an order worth $26 million for the construction of a reheating furnace at the Bhilai (SAIL) steel plant of the Steel Authority of India Limited, the company said in a statement on Friday, February 20.In... 20.02.2026  13:00