Metallurgy news
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Oman's Al Jazeera Steel approves two wholly owned US companiesOmani-based steel tube and pipe manufacturer Al Jazeera Steel Products has approved the establishment of two subsidiaries in the United States, according to a regulatory filing to the Muscat Stock Exchange (MSX).The announcement was disclosed by the company in a recent MSX filing, citing a board…
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India's Atmastco has received a $26 million order for the construction of a heating furnace at the SAIL BHILAI steel mill.The Indian engineering, Procurement and Construction Company (EPC) Atmastco Limited has received an order worth $26 million for the construction of a reheating furnace at the Bhilai (SAIL) steel plant of the Steel Authority of India Limited, the company said in a statement on Friday, February 20.In…
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Ukrainian Interpipe supplied wheels for high-speed trains in TurkeyUkrainian steel pipe and railway wheel manufacturer Interpipe has announced that its KLW brand railway products are supplying railway wheels for high-speed passenger trains in Turkey.The company has supplied 850 mm railway wheels made from ER8 grade 1 steel for the HT 65000 passenger trains, which…
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Ternium launches cold rolling and galvanizing lines in MexicoAccording to Latin American steel producer Ternium, the company has started work on two new production lines - a cold rolling mill and a galvanizing line - at its Pesquería plant in Nuevo Leon, Mexico, as part of an ongoing $4 billion expansion project in the country.Ternium said the launch marks a…
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US wire exports down 27.5% in November 2025 compared to OctoberAccording to export data from the US Department of Commerce, exports of drawn wire to the United States totaled 6,550 tons last November, down 27.5% month-on-month and up 13.6% year-on-year. In value terms, wire exports totaled $16.23 million in October, compared to $20.67 million in the previous…
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Ukrainian Zaporizhstal has sent the first shipments of rolled metal to Metinvest Tybular IasiThe Ukrainian Metallurgical Plant Zaporizhstal, owned by Metinvest, announced the start of deliveries of hot-rolled products to the Romanian company Metinvest Tubular Iasi, which joined the Metinvest Group at the end of 2025.Since the beginning of 2026, Zaporizhstal has shipped 22,000 tons of…
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Shougang Hierro Peru reports lower profits in 2025 due to shiploader accidentPeruvian iron ore producer Shougang Hierro Peru (SHP) announced financial results for 2025. The company posted a net profit of PEN 1.830 billion ($375 million) for 2025, compared with PEN 2.089 billion ($622 million) in 2024.The decline in profit reflected mainly a decline in sold volume due to an…
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Brazil's finished steel trade deficit to decrease in January 2026According to SECEX, Brazil's foreign trade body, in January of this year, Brazil exported 301,210 tons of finished carbon steel products at a price of 208.672 million US dollars, and imported 322,806 tons at a price of 238.633 million US dollars.For comparison, Brazil exported 156,937 tons at a…
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German metallurgists express strong support for the European local content strategyThe German Steel and Metalworking Association (WSM) has given a clear "yes" to the adoption of European local content rules, arguing that such policies are vital for fair competition, sustainable value creation and industrial sustainability in the EU.WSM leaders stressed that support for local…
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Property sales in Turkey plummeted in January 2026 from DecemberIn January of this year, total property sales in Turkey totaled 111,480 units, down 58.0% month-on-month and 4.7% year-on-year, according to data released by the Turkish Statistical Institute (TUIK).In this month, sales were mainly concentrated in Istanbul, where 20,412 units of real estate were…
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