Metallurgy news
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SOGAD: Turkey's orders for CR-steel and coated steel from South Korea and China are an important but insufficient stepAfter the final report of the Turkish Ministry of Commerce on the anti-dumping investigation of imports of cold-rolled, galvanized and painted rolled steel from China and South Korea, Asuman Gursoy, Secretary General of the Turkish Association of Manufacturers of Cold-rolled, Galvanized and Coated…
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IREPAS: Uncertainty is growing in the global long position market amid the conflict in the Middle EastAccording to IREPAS, the level of uncertainty in the global long products market has increased significantly due to the ongoing war in the Middle East. IREPAS noted that although supply chain disruptions and rising energy prices have led to higher prices, demand remains stagnant as the duration and…
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Canada's Algoma Steel Reports Higher Net Loss for 2025, Details EAF Transition and Impact of Section 232 TariffsCanadian steel producer Algoma Steel announced its financial and operating results for fiscal 2025.The company recorded a net loss of C$984.9 million in 2025, up from a net loss of C$139 million in 2024, and posted revenue of C$2.08 billion, down from C$2.46 billion the previous year. In the same…
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Total steel exports to Ukraine decreased by 9.8 percent in January-February 2026In January-February of this year, the total volume of steel production in Ukraine amounted to 796.7 thousand tons compared with 957,000 tons for the same period in 2025, according to data published by the Association of Steel Producers Ukrmetallurgprom. About 548,100 tons or 68.8 percent of total…
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US launches two Section 301 investigationsThe Office of the United States Trade Representative initiated two consecutive investigations under Section 301 of the Trade Act of 1974 on Wednesday and Thursday of this week. According to local media reports, these investigations are intended to replace US President Donald Trump's recently…
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The United States assigns zero dumping margin for nickel-plated flat steel from Japan's Toyo KohanThe U.S. Department of Commerce (DOC) has announced the final results of its administrative review of the anti-dumping duty ordinance on nickel-plated flat steel products with diffusion annealing from Japan for the period from May 1, 2023 to April 30, 2024.During the period under review, it was…
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China continues to expand restrictions on iron ore imports from BHPChina has expanded its restrictions on iron ore supplies from Australian miner BHP, escalating a long-running contract dispute between the miner and China's state-owned iron ore trading arm China Mineral Resources Group (CMRG), according to a Reuters report.Last November, CMRG ordered Chinese steel…
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Turkish company Erciyas Çelik Boru reports a net loss for 2025, exports to more than 90 countriesTurkish pipe manufacturer Erciyas Çelik Boru Sanayi A.Ş. announced financial results for 2025.Accordingly, during the specified period, Erciyas recorded a net loss of 512.82 million Turkish liras ($12.99 million), compared with a net profit of 88.57 million Turkish liras in 2024. In 2025, the…
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Energy-intensive industries require lower energy costs in EU electrification planEnergy-intensive industries in Europe have called on the European Commission to prioritize competitive electricity prices and investment support in the upcoming EU Electrification Action Plan (EAP), warning that persistently high energy costs threaten industry competitiveness and decarbonisation…
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Why is strengthening the EU ETS crucial to maintaining industrial competitiveness?According to the Paris-based think tank Institute of Climate Economics (I4CE), proposals to weaken EU carbon market rules would represent a strategic mistake.Economists Benoit Leguet and Jean Pisani-Ferry argue that Europe should instead strengthen the EU's Emissions trading System (ETS) to support…
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