Metallurgy news
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Welspun Corp wins $580 million order for Texas gas pipelineIndia’s Welspun Corp will supply coated pipes for a natural gas pipeline network in the Permian Basin of western Texas. The order is worth $580 million, the company said on Monday, October 26.The pipes will be made by its US subsidiary, Welspun Tubular LLC. Deliveries are expected in fiscal…
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Japan’s crude steel output falls 0.6% year on year in SeptemberJapan produced 6.34 million metric tons of crude steel in September 2026, down 0.6% from a year earlier and 4.7% from August. The figures were released by the Japan Iron and Steel Federation (JISF).Pig iron production totaled 4.48 million metric tons, decreasing 2.8% year on year and 11.7% month on…
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India’s BCCL returns to profit in Q2 of FY2026-27India’s Bharat Coking Coal Limited (BCCL), a subsidiary of state-run Coal India Limited, posted a net profit in the second quarter of FY2026-27, from July to September. It had recorded a loss in the same period a year earlier, according to a regulatory filing dated October 26.Net profit was INR…
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DRI production falls 15.7% in SeptemberDirect reduced iron (DRI) production in 12 countries that accounted for about 85% of global output in 2025 totalled 9.41 million metric tons in September 2026. That was down 5.1% from August and 15.7% year on year, according to the World Steel Association (worldsteel).Output in the 12 countries…
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US rig count holds steady as Canadian total rises to 220The number of active rigs in the US remained at 603 in the week ending October 23, 2026, according to Baker Hughes.The number of rigs drilling for gas fell by one to 132, while oil rigs rose by one to 460. The US total was up by 53 rigs year over year.Canada added three rigs during the week…
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Canada gives Cleveland-Cliffs 15 days to address Stelco layoffsCanada’s Industry Minister Melanie Joly has given US-based Cleveland-Cliffs 15 days to meet its job-retention commitments at steelmaker Stelco. The company could face legal action if it fails to do so.In an 11-page letter reported by media, Joly said Cleveland-Cliffs had breached six commitments…
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S&P Global Ratings upgrades Gerdau outlook to positiveInternational credit rating agency S&P Global Ratings affirmed Gerdau’s credit ratings and revised its outlook from stable to positive, the Brazilian steelmaker said in a market announcement.S&P expects Gerdau’s operating and financial profile to strengthen over the coming years. The agency cited…
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Samarco posts highest production since 2020 restartBrazilian producer Samarco produced 4.3 million metric tons of iron ore and pellets in the third quarter of 2026, up 10% from the previous quarter and 4% year over year. It was the company’s highest quarterly output since operations resumed in 2020.Production for January–September reached 12.9…
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US standard pipe imports rose 14.7% in AugustUS imports of standard pipe reached 71,472 metric tons in August 2026, up 14.7% from July and 18.7% from August 2025. The figures are preliminary census data from the US Department of Commerce.The value of imports was $65.3 million, compared with $59.1 million in July and $59.5 million a year…
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Brazilian steel distributor sales edge up, but inventories remain highBrazilian steel distributors sold 335,800 metric tons of steel products in September, up 1,700 tons from August. Inventories barely changed and remain above the industry benchmark, according to the Brazilian steel distributors’ institute, INDA.INDA members’ purchases fell 1.9% month on month to…
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