Metallurgy news
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Consumer confidence in Turkey increased by 2.3 percent in February 2026 compared toAccording to the monthly consumer trends survey published by the Turkish Statistical Institute (TUIK), the consumer confidence index* in Turkey, which stood at 83.7 points in January this year, rose 2.3 percent month-on-month to 85.7 points in February this year, having previously increased by 0.3…
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The BILDCO division has signed an agreement with CIEC on the modernization of the Abu Dhabi reinforcement plant.On February 18, BILDCO Reinforcing Steel Services, a subsidiary of Abu Dhabi's National Building Materials Company, signed an agreement with Hong Kong-based CIEC Group to modernize its reinforcement plant in Abu Dhabi.According to the company's statement, the project will focus on the…
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The EEC extends the validity of AD measures regarding seamless OCTG from ChinaThe Eurasian Economic Commission (EEC), the executive body of the Eurasian Economic Union (EAEU), which includes Belarus, Kazakhstan, Kyrgyzstan, Russia and Armenia, announced the extension of the anti-dumping duty on seamless petroleum products (OCTG) from China until December 21, 2026…
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U.</p><p>S. pipe exports decreased by 15.9 percent in November 2025 compared to OctoberAccording to the export data of the US Department of Commerce, exports from the United States of structural pipes amounted to 5,440 tons in November last year, which is 15.9 percent less than in October and 40.2 percent less than in November 2024. In value terms, exports of structural pipes totaled…
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US wafer roll imports down 27.8 percent in November 2025 compared to OctoberU.S. imports of wafer coils totaled 34,528 tons in November 2025, down 27.8 percent from October and down 46.5 percent from November 2024, according to preliminary U.S. Commerce Department census data. In value terms, coil slab imports were $25.65 million in November 2025, up from $30.16 million in…
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SMS Group to supply CCS mill stands for Yamato Steel heavy profile millThe German manufacturer of SMS Group plants announced the conclusion of a contract with the Japanese steel company Yamato Steel Co. Ltd. for a major modernization program at the Himeji steel plant for the installation of advanced compact cartridge stands (CCS). The upgrade, which is scheduled to be…
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Rio Tinto's 2025 financial results reflect robust iron ore earningsAustralian miner Rio Tinto announced financial results for 2025.The company's net profit for 2025 was $9.96 billion, compared to $11.55 billion in 2024. In 2025, the company's consolidated sales revenue increased 7.9 percent to $54.04 billion compared to 2024. The company's underlying EBITDA for…
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Iron ore exports through Port Hedland decreased by 3.3 percent in January 2026 compared to DecemberIn January of this year, iron ore shipments from Australia's Port Hedland decreased by 3.3 percent month-on-month and increased by 7.2 percent year-on-year to 49,222,421 tons.According to information released by the Port Hedland Port Authority, iron ore shipments from Port Hedland to China totaled…
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South African processors are discussed with IDC ArcelorMittal South AfricaAccording to a report published by Bloomberg, a group of South African steel processors has approached the state-owned Industrial Development Corporation with a proposal aimed at helping take control of global steelmaker ArcelorMittal's local unit, ArcelorMittal South Africa (AMSA).The proposal was…
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Fortescue outlines 12 million tonnes of Wyloo North Iron Ore Mine in PilbaraAustralian mining company Fortescue Ltd has outlined plans to develop the Wyloo North iron ore deposit in the Pilbara region of Western Australia, according to a proposal content document submitted to the Western Australian Environmental Protection Authority.According to the proposal, Fortescue…
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