Metallurgy news
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US Steel Invests $1.9 Billion to Construct DRI Facility at Big River Steel MillUnited States Steel Corporation (US Steel) announced a $1.9 billion investment to build a direct reduction iron (DRI) plant at its Big River Steel Works campus in Arkansas, the first integrated DRI plant of its kind in the United States.The facility will be fed by DR-grade pellets produced by US…
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The net loss of Zaporizhstal increased to UAH 1.37 billion in January-MarchIn January-March of this year,PJSC Zaporizhia Metallurgical Plant Zaporizhstal increased its net loss 2.1 times compared to the same period last year, to UAH 1 billion 373.955 million from UAH 660.923 million.According to the company's interim report in the information disclosure system of the…
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US conducts second review of welded pipelines from South Korea and TurkeyThe United States International Trade Commission has initiated second five-year reviews of the duration of antidumping duty orders on welded pipeline pipe from South Korea and Turkey and countervailing duties on welded pipeline pipe from Turkey. The Commission will determine whether rescission of…
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ISA says US rebar market recovery will accelerate in Q2 2026The Independent Steel Alliance (ISA), headquartered in Atlanta, Georgia, released its Q2 2026 Rebar Market Sentiment Report, confirming that the U.S. rebar market recovery identified in the first quarter of 2026 is real and accelerating, with independent manufacturers poised for growth once they…
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US cancels review of AD order for non-alloy steel welded pipes from TaiwanThe U.S. Department of Commerce (DOC) has waived its administrative review of the anti-dumping duty (AD) ruling on round-welded non-alloy steel pipe from Taiwan for the review period from November 1, 2024 to October 31, 2025.The review was initiated on January 27, 2026. The Department of Commerce…
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The use of steel import quotas shows modest progress in BrazilBetween February 24 and June 23, 2026, the Brazilian foreign trade agency Siscomex allowed the import of 445,469 metric tons (mt) of finished steel products at regular tax rates.As of April 22, the average quota utilization rate has already reached 56 percent, compared with 50 percent on April 1…
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US initiates CVD investigation into certain tubular products from AustriaThe U.S. Department of Commerce (DOC) has initiated an investigation into the imposition of a countervailing duty (CVD) on certain oil country tubular goods (OCTG) from Austria. The petition was filed on April 2, 2026 by the United States OCTG Manufacturers Association (USOMA), the United States…
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USA publishes preliminary AD results for some pipes and tubes from ThailandThe U.S. Department of Commerce (DOC) has announced the preliminary results of an administrative review of the Anti-dumping Duty (AD) order on round-welded carbon steel pipes and tubes from Thailand for the period from March 1, 2024 to February 28, 2025.The Ministry of Commerce has previously…
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Financial costs result in net losses for ArcelorMittal Brasil in 2025.ArcelorMittal's Brazilian division announced a consolidated net loss equivalent to $368,507 million in 2025, compared with a net profit of $516,593 million in 2024.Financial expenses rose to $1.694 billion in 2025 from $992.7 million in 2024, making them the main source of losses. The company also…
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CISA: China's steel industry will control production and expand demand in the 15th Five-Year Plan, exports of semi-finished products will be limitedJiang Wei, vice chairman and general secretary of the China Iron and Steel Industry Association (CISA), said that to ensure a strong start to the development of the Chinese steel industry during the 15th Five-Year Plan period, three priorities must be implemented: first, controlling aggregate…
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