Metallurgy news
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Imports of linear pipes to the United States increased by 52.3 percent in February 2026 compared with January According to the final census data from the U.S. Department of Commerce, imports of linear pipes to the United States totaled 41,813 tons in February this year, up 52.3 percent from January and down 22.4 percent year-on-year. In value terms, imports of linear pipes amounted to $44.35 million in...
23.04.2026 10:00
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Average freight rates fell in March for Brazilian finished steel imports Brazil's central foreign trade system Siscomex reported that average freight rates for steel imports into the country were $52/t in March, up from $55/t in February.For HRC, they were $28/t for South Korea, $48/t for China, $37/t for Egypt and $202/t for Germany.For CRC, they were $55/t for South...
22.04.2026 22:00
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Ferrexpo worsened financial results amid falling revenue and EBITDA The Ferrexpo mining company with assets in Ukraine received a net loss of $211 million, which is 4.2 times more than in 2024 ($50.03 million). in the amount of $18 millionRevenue for 2025 was $787 million, compared to $933.263 million in 2024 (a 16% drop). At the same time, EBITDA amounted to $28...
22.04.2026 20:00
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Brazilian rebar exports and imports rose in March as shipments to the US resumed and imports from Egypt increased. Brazil exported 31,900 metric tons (MT) of rebar in March and imported 20,300 MT of products, up from 16,900 MT and 5,700 MT respectively in February.The increase in exports reflects the resumption of exports to the United States.March exports were destined for South America (21,700 MT at US$648...
22.04.2026 18:00
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Tata Steel and Google Cloud are collaborating to deploy agent-based artificial intelligence to enhance autonomous capabilities. Indian steelmaker Tata Steel limited has partnered with Google Cloud to enhance the autonomous capabilities of its global operations using agent-based artificial intelligence (AI) technology, the two companies said in a joint statement on Wednesday, April 22.In just nine months, more than 300...
22.04.2026 17:00
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Russia's Severstal reported weaker results for the first quarter of 2026 amid lower steel prices and weak demand in Russia Russian steel company Severstal announced its operating and financial results for the first quarter of 2026, reporting a decrease in revenue, EBITDA and net profit compared to the same period last year, mainly due to weaker steel prices and a more difficult demand situation in the domestic...
22.04.2026 16:00
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The volume of construction in the eurozone in February 2026 decreased by 0.2 percent compared to January According to the first estimates published by Eurostat, the Statistical Office of the European Union, in February of this year, seasonally adjusted production in the construction sector in the member states of the European Union (EU-27) increased by 0.1 percent compared to January of this year and...
22.04.2026 16:00
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Ferrexpo warned about the risk of losing the value of investments without recapitalization The Ferrexpo mining company with major assets in Ukraine had a net cash position of $17 million as of April 17, and its directors noted the need for an urgent increase in equity of at least $100 million, without which shareholders could lose the entire value of their investments."The Board of...
22.04.2026 16:00
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Pakistan extends anti-dumping duty on Chinese steel billets for five years The National Tariff Commission of Pakistan has completed its second review of the duration of the anti-dumping duty on imports of steel billets from China, confirming the continuation of the anti-dumping duty at 24.04 percent.The measure will be in effect for five years starting June 22, 2025,...
22.04.2026 15:00
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Japan plans to add 2 million tons of high-grade scrap The Japanese government has approved a comprehensive action plan for a closed-loop economy aimed at strengthening domestic supplies of processed metals and reducing dependence on imported raw materials, according to local media reports.The strategy aims for combined public and private investments...
22.04.2026 15:00
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