Metallurgy news
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Ukraine initiates a recall on the cessation of supplies of seamless stainless steel pipes from China The Interdepartmental Commission on International Trade of Ukraine (ICIT) announced the beginning of a review of the validity period of the anti-dumping duty (AD) on seamless stainless steel pipes from China.The investigation was launched at the request of the domestic manufacturer of seamless...
24.12.2025 14:00
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Saudi SENAAT announces 92.9 million dollar Steel Construction contract with Algeria Saudi Arabia-based SENAAT has announced that its Egyptian-based steel supply subsidiary Zamil Structural Steel Co. has signed a contract worth 348.65 million Saudi riyals (US$92.9 million) with Elegancia Steel W.L.L., a Qatari steel service provider.Under the agreement, Zamil Structural Steel will...
24.12.2025 14:00
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NBS: In mid-December 2025, local Chinese prices for rebar decreased by 0.7 percent In mid-December (December 11-20) this year, China's average price for 20mm HRB 400E rebar fell by 22 yuan per ton (US$3.1 per ton) or 0.7 percent to 3,169.8 yuan per ton (US$449 per ton) compared with the price in early December (December 1-10), the National Bureau announced China....
24.12.2025 13:00
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Steel production in Turkey increased by 9.9% in November 2025% According to a statement released by the Turkish Steel Producers Association (TCUD), the country's crude steel production increased by 9.9 percent year-on-year to 3.31 million tons in November this year. The country's bullion production increased by 9.4 percent to 2.09 million tons, while slab...
24.12.2025 13:00
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Australia expects iron ore prices to fall amid weak steel demand until 2027 The Australian Department of Industry, Science and Resources has announced that it forecasts a gradual decline in iron ore prices until the end of 2027 due to weak steel demand and increased iron ore supply.Spot iron ore prices have remained stable at just above $100/t since August this year....
24.12.2025 12:00
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Japan's steel demand forecast for the 1st quarter of 2026 signals a 1.6 percent decline. According to the Japanese Ministry of Commerce (METI), crude steel demand in Japan is expected to reach 20.05 million tons in the first quarter of 2026, down 0.8 percent from the previous quarter and down 1.7 percent from the same quarter of 2025.The latest METI report predicts that Japan's steel...
24.12.2025 12:00
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Ukrainian Zaporizhstal suspended production after a complete blackout caused by Russian attacks Ukrainian company Zaporizhstal, owned by Metinvest, announced that it had temporarily suspended production on December 23 after a complete loss of power supply following large-scale Russian attacks on the country's energy infrastructure.According to the statement, the sudden outage led to an...
24.12.2025 11:00
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Egypt retains export duty on stainless steel scrap for another year The Egyptian Ministry of Investment and Foreign Trade has decided to continue the imposition of export duties on scrap and waste of stainless steel alloys classified in customs tariff item 7204.21, according to a statement released by the Egyptian Customs Administration.Exceptions for investment...
24.12.2025 11:00
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China's Transport FAI to Exceed RMB 3.6 Trillion in 2025 Total fixed asset investment (FAI) in transportation in China in 2025 is likely to exceed 3.6 trillion yuan ($0.51 trillion), with the addition of more than 2,000 kilometers of new high-speed railways and 8,000 kilometers of new high-speed roads, li Yang, China's vice minister of transport (MOT),...
24.12.2025 10:00
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Tata Steel Limited takes sole control of Tata BlueScope after CCI approval The Competition Commission of India (CCI) has approved Tata Steel Limited's proposal to acquire sole control of Tata BlueScope Limited, according to an official statement released on Wednesday, December 24.Under the approval, Tata Steel will acquire the remaining 50 percent of the shares currently...
24.12.2025 10:00
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