Metallurgy news
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7 Steel UK: High energy costs and global overcapacity threaten Wales' steel sectorThe Welsh steel company 7 Steel UK said that steel producers in Wales continue to operate under significant global pressure due to the constant excess of steel capacity, volatile international trade conditions and industrial electricity prices, which remain significantly higher than those faced by…
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EUROMETAL meeting in Southern Europe in 2026: Emilio Rossi sees a return to long-term stagnation, but points to opportunities in technology, energy and defenseDuring the macroeconomic panel at the “EUROMETAL Southern Europe Meeting 2026” - held yesterday, February 26, in Milan - Emilio Rossi (EconPartners & Oxford Economics) outlined the global backdrop, which is still heavily shaped by the post-Covid political cycle and is now moving towards…
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Indian Moil INCREASES the price of manganese ore, effective for all deliveries from March 1, 2026Indian state-owned mining company MOIL limited has increased prices for select grades of manganese ore for all shipments from March 1, 2026, according to a company statement on Monday, March 2.The company said prices for manganese ore above 44 percent Mn, as well as prices for ore below 44 percent…
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Container traffic in Indian ports has almost stopped after the US-Israeli attack on IranThe attack by the United States and Israel on Iran led to an almost complete cessation of the movement of containers through Indian ports, which seriously affected shipments to Dubai, Iran, Kuwait, Sharjah and Doha, SteelOrbis reported in trade and shipping circles on Monday, March 2.According to…
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US assigns final CVD orders for imports of welded LD pipes from TurkeyThe U.S. Department of Commerce (DOC) announced the final results of the administrative review of the countervailing duty (CVD) order on large diameter welded pipe (LD) from Turkey.DOC determined that countervailing subsidies were provided to manufacturers and exporters of large diameter welded…
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Kazakhstan's Qarmet provides financing for new coke oven battery complexKazakh metallurgical company Qarmet has received long-term financing for the construction of a new coke oven battery complex after signing a loan agreement with the Development Bank of Kazakhstan (DBK), according to a statement from the latter.The project involves the construction of two modern…
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AGSI strengthens low carbon steel position with Emirates NBD fundingOn February 26, Emirates NBD, one of the leading banking groups in the Middle East, North Africa and Turkey (MENAT) region, provided green financing to UAE-based Arabian Gulf Steel Industries (AGSI), supporting the steelmaker's ongoing expansion into low-carbon manufacturing. The funding is…
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US HRC exports decreased by 21.8 percent in December 2025 compared to NovemberAccording to export data from the U.S. Department of Commerce, exports of hot-rolled coils to the United States totaled 36,183 tons in December this year, down 21.8 percent from November and 41.3 percent from December 2024. In value terms, HRC exports totaled $38.9 million in December, compared…
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German crude steel production rose 15 percent in January 2026In January this year, German steel production rose 15.0 percent year on year to 3.08 million tons, according to information provided by the German steel federation Wirtschaftsvereinigung Stahl (WV Stahl).In this month, German pig iron production was 2.04 million tons, an increase of 18.8 percent…
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TUIK: The cost of steel exports from Turkey decreased by 18 percent in January 2026According to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), in January, Turkey's foreign trade deficit increased by 11.6 percent to $8.38 billion compared to January 2025.In January, Turkey's ferrous metallurgy exports ranked ninth among the country's…
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