Metallurgy news
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Interpipe plant plans to ship 7.8 thousand tons of pipes worth UAH 275.5 million in 2026PJSC Interpipe Novomoskovskiy Pipe Plant (NCSP Interpipe, Dnipropetrovsk region) made a net profit in 2025, the amount of which has not yet been disclosed, and does not plan to distribute it.According to the company's announcement in the information disclosure system of the National Securities and…
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China's HRP production fell 6.7 percent in January-February 2026In January-February this year, China's hot-rolled coil production totaled 34.058 million tons, down 6.7% year-on-year, according to China's National Bureau of Statistics (NBS).During the same period, China's cold-rolled coil production totaled 7.682 million tons, up 1.7% year-on-year calculus.In…
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MOC: The average price of rebar in China increased by 0.7 percent between March 9 and March 15, 2026The Chinese Ministry of Commerce (MOC) reported that the average price of finished steel in China increased between March 9 and March 15 this year.During the specified period, average prices for high-speed wire rod, welded steel pipe, and rebar increased by 1.0%, 0.7%, and 0.7%, respectively, week…
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In Brazil, in February 2026, there was a 13 times greater commercial shortage of finished steel compared to January.According to SECEX, the Brazilian foreign trade secretariat of the Ministry of Development, Industry and Foreign Trade, Brazil exported 148,164 tons of finished carbon steel products worth 108.128 million US dollars in February, and imported 442,557 tons worth 291.674 million US dollars.For…
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ArcelorMittal to triple production at its iron ore mine in BrazilThe production capacity of ArcelorMittal's new $475 million iron ore processing facility located at the Serra Azul mine located in Itatiayus, Minas Gerais State, will triple from 1.5 million metric tons (metric tons) to 4.5 million tons, the company's Brazilian division announced today in a press…
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IEEFFA: High-grade iron ore market to grow amid shift in steel decarbonizationThe global market for high-quality iron ore is expected to expand significantly as the steel industry accelerates its shift to low-emission production technologies, according to a report by the US-based Institute for Energy Economics and Financial Analysis (IEEFA).This shift is being driven by the…
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Kremenchug Metallurgical Plant completed 2025 with a loss of UAH 148 millionOJSC Kremenchug Metallurgical Plant (KSZ, Kremenchug, Poltava region), which is part of the industrial assets of the TAS Group, completed 2025 with a net loss of UAH 148 million 80 549 thousand, while the profit for 2024 amounted to UAH 369 million 337 168 thousand,According to the announcement of…
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Turkish company Borusan Boru is upgrading its production line in Bursa to install a surface cleaning lineTurkey's Ministry of Environment, Urbanization and Climate Change has announced that the review process for an environmental impact assessment (EIA) application submitted by Turkish steelmaker Borusan Birleşik Boru Fabrikaları San. ve Tic. A.Ş. For the project to modernize the production line of…
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Scrap metal imports from Pakistan decreased by 23.3 percent in February 2026 compared to JanuaryAccording to data released by the Federal Bureau of Statistics of Pakistan (PFBS), scrap metal imports to Pakistan totaled 292,742 tons in February this year, down 23.3 percent from January and down 1.9 percent year-on-year. The value of these imports in this month amounted to $152.82 million, a…
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Vallourec wins contract for carbon capture and storage project offshore IndonesiaFrench pipe manufacturer Vallourec announced that it has entered into a contract to supply Indonesian company BP Berau Ltd with pipe solutions for the Tangguh project, Indonesia's first offshore carbon capture and storage project located in Papua Barat province.Vallourec said the agreement includes…
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