Metallurgy news
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The number of drilling rigs in the USA is increasing, while the number of drilling rigs in Canada is decreasing – Week 10, 2026Baker Hughes reported that in the week ending March 6, 2026, the number of rotary drilling rigs in the United States increased by one rig per week to 551.The number of drilling rigs for gas production decreased by two to 132, while the number of drilling rigs for oil production, it increased by…
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Car production in Brazil increased by 25 percent in February from a month earlierAccording to the Brazilian Association of Vehicle Manufacturers (ANFAVEA), car production in Brazil rose to 204,300 units (passenger cars, light commercial vehicles, trucks and buses) in February, up 25 percent from the 163,600 units registered in January 2026.Domestic car sales increased by 8.6…
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Brazilian pig iron exports fell by 7.3 percent in February compared with January levels.According to the Brazilian Foreign Trade Secretariat (SECEX), part of Brazil's Ministry of Industry, Development and Foreign Trade, pig iron exports fell 7.3 percent month-on-month to 377,800 metric tons (mt) in February, compared with a total of 407,700 tons in January.The monthly decline reflects…
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US imports of standard pipes in December 2025 are stable since NovemberU.S. standard pipe imports totaled 51,467 tons last December, remaining steady since November and down 44.3 percent year over year, according to final data from the U.S. Department of Commerce. In value terms, standard pipe imports totaled $49.15 million in December, up from $49.86 million in…
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Assofermet: Italian scrap metal market grew in February, forecast for March is uncertainAssofermet reports in its usual monthly market update, the Italian ferrous scrap market recorded a strong start in February, followed by a stabilization phase in the second half of the month. In the first weeks of the month, scrap prices rose by an average of about 15 euros per tonne, confirming…
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UK manufacturers assess the trade implications of the EU Law on accelerating Industrial productionFollowing the official presentation by the European Commission of the Industrial Acceleration Act (IAA), the British manufacturers' organization Make UK assessed the potential implications of this legislation for future trade between the United Kingdom and the European Union.This proposal will now…
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Aluminum prices rose sharply due to fears of supply disruptions from the Middle EastAluminum prices showed increased volatility on Monday: earlier in the session, quotes updated the maximum since April 2022, but then went down.The price of aluminum futures on the London Metal Exchange (LME) until 16:03 During the session, quotes rose 2.8% to $3,544 for the first time since April…
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The European Commission will publish the price of the first CBAM certificate in early April.The European Commission has announced that it is preparing to publish the first official price for Carbon Boundary Adjustment Mechanism (CBAM) certificates.Importers of CBAM-eligible goods will be required to purchase CBAM certificates starting in February 2027 to cover imports made during…
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Egypt proposes new plan for protective duties on imports of blanksThe Egyptian Ministry of Foreign Trade has proposed a new plan for protective duties on imports of blanks of any origin, as understood by SteelOrbis.As previously reported by SteelOrbis, Egypt imposed a preliminary protective duty of 16.2% on imports of billets with a minimum amount of 4,613…
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Acerinox and Jeremias contribute to the decarbonization of the construction sector with a range of productsSpanish stainless steel manufacturer Acerinox has announced that, together with German industrial group Jeremias Group, it has launched the Blueline product range, described as the world's first low-emission flue and flue system.The initiative aims to support the decarbonization of the construction…
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