Metallurgy news

• TCUD: China and Russia boost steel imports to Turkey in January-November 2025 According to a statement released by the Turkish Steel Producers Association (TCUD), last November, crude steel production increased by 9.9 percent year-on-year to 3.31 million tons in Turkey, the world's eighth largest steelmaking country, and in the first 11 months of the year, production... 02.01.2026  13:00

• Indian NMDC in December increased iron ore production by 15%, sales by 19% Indian state-owned mining company NMDC limited achieved iron ore production of 5.4 million tonnes in December 2025, up 14.64 percent from the corresponding month of the previous year, according to a company statement on Friday, January 2.The company achieved 18.67 percent sales growth during the... 02.01.2026  11:00

• Indian MOIL LIMITED has revised prices for manganese ore for January shipments The Indian state-owned company MOIL Limited has raised prices for all grades of manganese ore for January shipments, according to a government statement on Friday, January 2.The company reported that the price of manganese ore with a Mn content of 44 percent or higher was increased by three... 02.01.2026  11:00

• Korea unveils technology to reduce emissions from steel heat treatment by more than 98 percent According to the Korea Institute of Energy Research (KIER), the institute has developed an electrified heat treatment technology that replaces fossil fuels with electricity in the annealing process used in the production of galvanized steel strips for the automotive and home appliance... 02.01.2026  10:00

• TUIK: In January-November 2025, the value of steel exports from Turkey increased by 5.5 percent Turkey's trade deficit increased by 6.3 percent to $7.98 billion in November this year compared to November 2024, according to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK). In the first 11 months of this year, Turkey's foreign trade deficit rose 12.6... 31.12.2025  14:00

• ADMIB: High demand from the EU supported Turkish steel exporters in November According to the Turkish Mediterranean Association of Ferrous and Non-Ferrous Metal Exporters (ADMIB), in November this year, Turkey's exports of ferrous and non-ferrous metals increased by 0.9 percent year-on-year to $1 billion, while exports of the steel industry increased by 5.9 percent... 31.12.2025  14:00

• Indian company SSWL invests $47 million to expand steel wheel plant in Gujarat Indian steel and alloy wheel maker Steel Strips Wheels limited (SSWL) will invest approximately $47 million to expand and modernize its manufacturing facility in the western state of Gujarat, the company said in a statement on Wednesday, December 31.The proposed expansion will focus on increasing... 31.12.2025  13:00

• Exports of tool steel from the United States in August 2025 increased by 8.5% compared to July According to export data from the U.S. Department of Commerce, exports of tool steel from the United States totaled 6,332 tons in August last year, up 8.5 percent from July and down 20.9 percent year-on-year. In value terms, tool steel exports totaled $15.36 million in August, compared with $13.33... 31.12.2025  13:00

• China's Ministry of Finance reduces the VAT rate for real estate transactions in an attempt to support real estate in 2026 The Ministry of Finance and the State Administration of Taxation of China announced that, starting in 2026, for individuals selling residential property acquired in less than 2 years, the VAT rate will be reduced from the previous 5 percent to 3 percent. Properties held for two years or more will... 31.12.2025  12:00

• TUIK: The cost of steel imports to Turkey decreased by 5.1 percent in January-October 2025 According to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), in November this year, the value of iron and steel imports to Turkey fell by 7.8 percent year-on-year, amounting to $1.95 billion. In this month, iron and steel ranked sixth among the country's... 31.12.2025  12:00