Metallurgy news
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IREPAS: Global long-term market faces supply shock; ceasefire brings hopeThe global market for long steel products has shown no signs of improvement, and the business environment has deteriorated due to a deteriorating supply-demand balance. According to the latest report published by IREPAS, a global association of long-life exporters and manufacturers, the wars in…
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India's steel production grew by 11% in FY 2025-26, exports by 36%, imports by 32%India's steel production in fiscal year 2025-26 is estimated at 168.4 million tonnes, up 10.7% year-on-year, the steel ministry said on Thursday, April 9.The ministry said India's finished steel exports during the fiscal year stood at 6.6 million tonnes, up 35.9%, while imports fell by 31.7% year…
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Saudi Arabia's G5PS awarded HSAW pipe supply contract to Esnad Al TuruqSaudi Arabian pipe manufacturer Group Five Pipe Saudi Company (G5PS) announced a new contract with Saudi Arabia-based Esnad Al Turuq Contracting Company for the production and supply of steel pipes.Under the terms of the contract, valued at approximately SAR 176 million (USD 46.90 million), G5PS…
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The value of French steel exports fell by 6.1 percent in January 2026.According to statistics published by the French Ministry of Economy, Finance and Industry, France's exports of basic steel products and ferroalloys amounted to 743.38 million euros in January this year, down 6.1 percent year on year.This month, France exported 96.12 million euros of steel pipes and…
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Slab exports from Brazil fell sharply in March, with sales in the US decliningBrazilian slab exports fell 63 percent in March from the 749,200 metric tons (mt) reported a month earlier to a March total of 297,600 mt, according to data released today by Secex, the foreign trade secretariat of the Ministry of Development, Industry and Foreign Trade.Secex data shows exports to…
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The value of imports of steel products into France increased by 24.0 percent in January 2026According to statistics published by the French Ministry of Economy, Finance and Industry, in January this year, France imported basic steel products and ferroalloys amounted to 751.95 million euros, an increase of 24.0 percent year on year.This month, France imported 175.07 million euros of steel…
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Italian company Duferco Travi e Profilati has received GSCC certification for emissions intensity and decarbonization targets.According to a press release published today by Italian steel producer Duferco Travi e Profilati, the Global Steel Climate Council (GSCC) has certified two of the company's key environmental indicators, namely the Corporate Average Steel Emissions Intensity (CASEI) and Science Based Emissions…
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In January-February 2026, imports of billets to Turkey increased by 24.8 percent.In February this year, Turkey's imports of billets and blooms totaled 429,681 metric tons, up 45.9 percent year-on-year and 92.7 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the income generated from these imports amounted to…
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SMS Group will supply a compact pellet plant to RPCL Bangaluru in IndiaAccording to the German equipment manufacturer SMS group, the Indian company Resources Pellets Concentrates Pvt. Ltd. (RPCL) Bangalore, a joint venture between BKG Mining Private limited and Fomento Resources Pvt. Ltd. has placed an order for a compact pellet plant with an annual capacity of two…
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Tosyali: Turkey's steel industry faces pressure, but opportunities remainFuat Tosyali, president of Turkey's Mediterranean Ferrous and Non-Ferrous Metals Exporters Association, outlined the key challenges facing Turkey's steel industry, while emphasizing the need to remain focused on long-term opportunities, according to a report in Turkish newspaper Ekonomim.Mr…
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