Metallurgy news

• TUIK: The cost of steel exports from Turkey decreased by 3.6 percent in January-April 2026 According to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), in April of this year, Turkey's foreign trade deficit decreased by 29.8 percent to $8.50 billion compared to April 2025. In the first four months of this year, Turkey's foreign trade deficit... 26.05.2026  15:00

• TUIK: In January-April 2026, the cost of steel imports to Turkey increased by 4.4 percent The value of Turkey's iron and steel imports rose 3.7 percent year-on-year to $2.05 billion in April this year, according to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK). This month, iron and steel ranked as the country's fifth most imported commodity by... 26.05.2026  14:00

• SSAB to resume construction of new steel mill in Luleå after safety review Swedish steel company SSAB announced that it is starting a controlled resumption of construction work at its new steel mill in Luleå this week after analyzing reports of symptoms of illness among subcontractor employees at the facility.According to SSAB, extensive measurements have not revealed ... 26.05.2026  14:00

• The largest EU countries insist on tightening trade policies towards China Several major European Union member states are pushing for tougher trade and industrial policies toward China as concerns grow over market distortions, industrial overcapacity and the impact of Chinese exports on European manufacturing.A French-led group of five EU countries, including Italy,... 26.05.2026  13:00

• BHP abandons Pilbara Iron Ore Decarbonization project due to rising costs and weak economy Australian mining company BHP has abandoned plans for a major decarbonization project at its Pilbara iron ore facilities in Western Australia, highlighting the growing economic challenges faced by initiatives to reduce industrial emissions, according to a report by The Guardian.The company has... 26.05.2026  13:00

• UAE steel companies open steel production center in Umm Al Quwain CIM Steel Industry LLC, Rhino Steel Industries LLC and Metal Care Center Factory LLC, based in the United Arab Emirates, have launched an integrated steel production and processing project in Umm Al Quwain, marking an important industrial development milestone for the UAE.The three companies... 26.05.2026  12:00

• Arabian Pipes signs another contract for the supply of steel pipes with Saudi Aramco Saudi Arabian Pipes Company, a pipe manufacturer, has announced the signing of a contract with Saudi Aramco, a Saudi oil company, for the production and supply of steel pipes.According to a notification from Arabian Pipes sent to the Saudi Stock Exchange, the contract value is about 48 million... 26.05.2026  12:00

• Indian company JSW Steel limited begins exploration of Gadchiroli iron ore reserves in Maharashtra India's JSW Steel limited has begun exploration of the Gadchiroli iron ore block in the western state of Maharashtra, acquired at auction three years ago, in preparation for building a new 25 million tonne steel plant at the site, company chairman Sajjan Jindal said in a statement on Tuesday, May... 26.05.2026  11:00

• Tenaris announces investment to strengthen steel pipe production in Ontario Luxembourg-based Tenaris, an international steel pipe manufacturer, has announced an investment of over 300 million Canadian dollars in its Sault Ste company. The Marie Industrial Center in Ontario aims to expand steel pipe production capacity and strengthen Canada's domestic energy supply... 26.05.2026  11:00

• MOC: The average price of rebar in China increased by 0.4 percent from May 11 to May 17, 2026 The Chinese Ministry of Commerce (MOC) announced that in the period from May 11 to May 17 this year, the average price of finished steel in China continued its upward trend.During this period, average prices for welded steel pipes, high-speed wire rod and rebar increased by 0.7%, 0.6% and 0.4% per... 26.05.2026  10:00