Metallurgy news
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Thyssenkrupp Steel invests €2.4 million in the iron ore of the futureGerman steel company Thyssenkrupp Steel has announced a €2.4 million investment to expand its laboratory infrastructure at its Duisburg-Schwelgern site to support the evaluation of iron ores for future low-carbon steel production. The project is part of Thyssenkrupp Steel's ongoing efforts to…
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ArcelorMittal and Lio-Metal expand Magnelis partnership to replace conventional galvanized steelGlobal steel manufacturer ArcelorMittal, headquartered in Luxembourg, has strengthened its partnership with Romanian metal products company Lio-Metal, as the latter seeks to replace conventional galvanized steel with Magnelis® coated steel from ArcelorMittal in its product portfolio.This shift…
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Saudi Arabia's BTR wins another pipeline contract from Saudi AramcoSaudi pipe manufacturer Arabian Pipes Company (APC) announced that it has received a new contract from domestic oil and gas company Saudi Aramco for the production and supply of steel pipes.Accordingly, the contract is worth approximately 94 million Saudi riyals ($25.06 million), strengthening…
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Toyota invests $1 billion in plants in the United States to expand capacity, increase production of electric vehiclesJapanese automaker Toyota Motor Corporation has announced that its subsidiary Toyota Motor North America is investing $1 billion in its manufacturing facilities in Kentucky and Indiana in the United States, aimed at expanding production capacity and preparing for the future production of electric…
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OCTG exports to the US rose 30.7 percent in January 2026 compared to DecemberExports of tubular products from oil-producing countries (OCTG) totaled 13,743 tons in January this year, up 30.7 percent from December and down 38.4 percent from January 2025, according to US Department of Commerce export data. In value terms, OCTG exports were $31.16 million in January, compared…
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Rebar imports to the United States increased by 76.3 percent in January 2026 compared to DecemberAccording to preliminary data from the U.S. Department of Commerce census, imports of rebar to the United States in January this year amounted to 101,984 tons, which is 76.3 percent more on a monthly basis and 38.5 percent less on an annual basis. In value terms, rebar imports totaled $56.86…
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Consumer confidence in Turkey fell by 0.8 percent in March 2026 compared toAccording to the monthly consumer trends survey published by the Turkish Statistical Institute (TUIK), the consumer confidence index* in Turkey, which stood at 85.7 points in February this year, fell 0.8 percent month-on-month to 85.0 points in March this year, having previously increased by 2.3…
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Saudi company Hadeed breaks production record at Jubail plantAccording to Italian manufacturer Danieli Technologies, Saudi steel producer Saudi Iron and Steel Company (Hadeed) has achieved a new record for steel production at its Jubail plant, relying on consulting services aimed at optimizing the electric arc furnace and casting.According to Danieli's…
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The annual meeting of Dneprospetsstal will be held on April 29 in a remote format.PJSC Dneprospetsstal Electrometallurgical Plant (Zaporizhia) made a net loss by the end of 2025, as its size has not been announced in 2024.According to the company's announcement in the information disclosure system of the National Securities and Stock Market Commission on holding a remote general…
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New car registrations in the EU fell by 1.2 percent in January-February 2026In February this year, new passenger car registrations in the EU rose 1.4 percent year on year to 865,437 units, according to the European Automobile Manufacturers Association ACEA.The French market (-14.7%) saw the only decline in the month, while Italy (+14.0%), Spain (+7.5%) and Germany (+3.8%)…
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