Metallurgy news
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ArcelorMittal Krivoy Rog ends production at the flower plantArcelorMittal Krivoy Rog, the Ukrainian subsidiary of ArcelorMittal headquartered in Luxembourg, announced the completion of the final production campaign at its thriving plant, a key step in the ongoing restructuring of the company's steel operations in Ukraine. The company said that all planned…
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Salzgitter Launches Construction Initiative to Expand Low Carbon Steel SolutionsGerman steel manufacturer Salzgitter AG has announced that it has launched a new "Construction Initiative" aimed at strengthening its position in the construction sector by offering integrated steel solutions and low-emission products.The initiative aims to provide centralized access to the group's…
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Exports of welded pipes from Turkey increased by 4.7 percent in January 2026In January of this year, exports of welded pipes from Turkey totaled 118,536 metric tons, down 44.3 percent month-on-month and up 4.7 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, revenue from these exports totaled $117.93…
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EUROFER: Steel imports to the EU increased by 14% in 2025, despite continued volatilityAccording to the Economic and Steel Market Outlook 2026-2027/Q1 2025 report by the Economic Committee of the European Steel Association (EUROFER), total steel imports entering the EU, including semi-finished products, increased by 14 percent year-on-year in 2025. During the same period, imports of…
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Tata Steel limited will merge NINL with itself and plans to invest $2 billion in the Singapore subsidiary to fund overseas operationsIndia's Tata Steel limited has decided to merge its wholly-owned subsidiary Nilachal Ispat Nigam limited (NINL) with itself to consolidate its long steel operations into a single entity, the company said in a statement on Wednesday, March 18.Tata Steel limited acquired the assets of NINL limited in…
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Eurofer forecasts EU steel consumption growth of 1.3% in 2026The apparent consumption of steel (taking into account total production, imports and exports of steel) in the EU countries in 2026 may grow by 1.3%, to 134 million tons, Eurofer predicts. In 2027, consumption may reach 135 million tons.The Association notes that the growth is mainly due to the…
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MOC: The average price of rebar in China decreased by 0.1 percent from March 2 to March 8, 2026China's Ministry of Commerce (MOC) announced that from March 2 to March 8 this year, the average price of finished steel in China decreased slightly.During this period, the average prices of rebar, hot-rolled steel strip and ordinary average steel plate all decreased by 0.1 percent each week.During…
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CITIC Pacific Special Steel expects net profit growth of 15.67% in 2025China's largest steel producer, CITIC Pacific Special Steel from Jiangsu Province, announced that in 2025, its operating revenue was 107.373 billion yuan (15.6 billion U.S. dollars), down 1.68 percent from last year, and net profit was 5.929 billion yuan (0.86 billion U.S. dollars) for the year…
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Exports and imports of plates to Brazil increased sharply in FebruaryBrazil exported 27,000 metric tons (mt) of plates in February, up from 16,500 mt in January, according to SECEX, the foreign trade secretariat of the Ministry of Development, Industry and Foreign Trade. The increase was driven by shipments to Switzerland and the United States, which were not…
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U.S. crude steel production down 0.9 percent – Week 11 of 2026According to the American Iron and Steel Institute (AISI), for the week ending March 14, 2026, domestic crude steel production in the United States was 1.774 million net tons, and the capacity utilization rate was 76.7 percent.Production for the week ending March 14, 2026 decreased 0.9 percent…
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