Metallurgy news
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EUROFER: EU steel pipe sector stabilizes after decline, limited growth expectations for 2026 and 2027According to the report Economic and Steel Market Outlook 2026-2027/Q1 2026 by the Economic Committee of the European Steel Association (EUROFER), in the third quarter of 2025, the volume of steel pipe production in the EU increased by 3.8 percent year-on-year after six consecutive quarterly…
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U.S. beam exports fell 0.8 percent in January 2026 compared to DecemberAccording to U.S. Department of Commerce export data, U.S. exports of heavy structural shapes (including U, I, H, L and T beams) totaled 15,215 tons in January of this year, down 0.8 percent from December and down 20.0 percent from January of the previous year. In value terms, beam exports were…
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In January-February 2026, production of excavators in China increased by 22.5 percentAccording to China's National Bureau of Statistics (NBS), China's excavator output was 63,566 units between January and February this year, up 22.5 percent year-on-year.According to the 2026 Government Work Report, China will provide 200 billion yuan ($29 billion) of ultra-long-term government…
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NBS: Local Chinese rebar prices increased by 0.8 percent in mid-March 2026In mid-March (March 11-20) of this year, the average price in China for 20mm HRB 400E rebar increased by 26.4 yuan/ton ($3.8/ton) or 0.8 percent to 3,189.1 yuan/ton ($462/ton) compared to the price in early March (March 1-10), as announced by the National Bureau of China. Statistics.During the…
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Average freight rates fell in January for Brazilian finished steel importsBrazil's central foreign trade system Siscomex reported average freight rates for the country's steel imports in February.For HRC, they were US$33 per ton (metric ton) for South Korea, US$58 per ton for China, US$48 per ton for Austria, US$37 per ton for Egypt and US$32 per ton for Turkey.For CRC…
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The production of untreated steel in the United States increased by 0.4 percent in the 12th week of 2026.According to the American Institute of Iron and Steel (AISI), for the week ending March 21, 2026, domestic production of raw steel in the United States amounted to 1,781 million net tons, and the capacity utilization rate was 77.0 percent.Production for the week ending March 21, 2026 increased by…
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Taiwan's exports of base metals rose 0.7 percent in January-February 2026According to statistics released by Taiwan's Ministry of Economic Affairs, Taiwan's export orders for base metals and products totaled $1.72 billion in February this year, down 7.1% from February 2025 and 10.9% from the previous month. In January, Taiwan export orders for base metals and products…
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Fortescue: Iron ore Diesel fuel costs rise as Iran war disrupts suppliesFortescue, an Australian iron ore mining company Metals Group has warned that rising diesel fuel prices linked to the conflict in Iran could add billions of dollars to production costs, as well as lead to severe disruptions in fuel supply routes, according to a Reuters report.Supply disruptions…
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Turkey's IDC reports net loss decline and revenue rise in 2025Turkish manufacturer of fittings İzmir Demir Çelik Sanayi A.Ş. (IDC) announced financial and operating results for 2025.The company recorded a net loss of 1.63 billion Turkish liras ($36.77 million) in the year, compared with a net loss of 3.47 billion Turkish liras in 2024, while its sales revenue…
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Exports of rolled plates to the United States increased by 65.3 percent in January 2026 compared to DecemberAccording to the export data of the US Department of Commerce, the export of rolled plates to the United States in January this year amounted to 38,747 tons, which is 65.3 percent more month-on-month and 7.6 percent more year-on-year. In value terms, exports of rolled plates totaled $42.95 million…
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