Metallurgy news
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Investment in Chinese real estate decreased by 11.1 percent in January-February 2026In the period from January to February of this year, the total volume of real estate investment in China amounted to 961.2 billion yuan (139.3 billion US dollars), which is 11.1 percent less than last year, which is 6.1 percentage points slower than the decline recorded for the whole of 2025, as…
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Rig count increase in US and Canada - Week 11, 2026Baker Hughes reported that for the week ended March 13, 2026, the number of rotary drilling rigs in the United States increased by two weekly to 553.Increasing the number of drilling rigs in the United States and Canada - Week 11 2026Baker Hughes reported that for the week ended March 13, 2026…
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EUROFER: Steel demand is forecast to remain well below pre-pandemic levelsAccording to the Economic and Steel Market Outlook 2026-2027/Q1 2026 of the Economic Committee of the European Steel Association (EUROFER), in the third quarter of 2025, apparent steel consumption in the EU-27 was 32 million tons, an increase of 4.6 percent year on year, after a decline of 1.7…
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Car production in Turkey fell by 2.2 percent in January-February 2026In February this year, car production in Turkey stood at 116,037 units, up 0.6 percent year-on-year and 16.9 percent month-on-month, according to monthly statistics released by the Turkish Automobile Manufacturers Association (OSD). In January-February this year, Turkey's automobile production was…
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Ukraine launches anti-dumping investigation against steel rods and corners from TurkeyThe Ukrainian authorities have announced the launch of an anti-dumping investigation into the import of steel bars and corners from the Republic of Turkey. A petition was filed by local steel producer ArcelorMittal Kryvyi Rih, according to which the relevant commission stated that there was…
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U.S. Scrap Metal Exports Down 6.7 Percent in January 2026 from DecemberAccording to the latest data from the U.S. International Trade Commission, scrap metal exports from the United States totaled 939,277 tons in January this year, down 6.7 percent month-on-month and 9.2 percent less year-on-year.Turkey was the largest recipient of U.S. pig iron and scrap exports in…
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China allows Mills to consume banned BHP Jimblebar fines for a weekThe Chinese state-owned iron ore trading unit of China Mineral Resources Group (CMRG) said on Friday, March 13, that Chinese steel mills may use BHP Jimblebar fines, which are in Chinese port stocks per week that have been banned from consumption and arrival in China since September last year…
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TMK ships the first industrial batch of LD pipes with hybrid laser-arc weldingRussian steel pipe manufacturer TMK announced the shipment of the first industrial batch of large-diameter pipes manufactured using hybrid laser-arc welding technology, which became the first such delivery in Russia. The products were supplied to Gazprom Transgaz Surgut, a Gazprom subsidiary…
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Property sales in Turkey increased by 11.7 percent in February 2026 compared to JanuaryIn February of this year, property sales in Turkey totaled 124,549 units, an increase of 11.7 percent month-on-month and 5.9 percent year-on-year, according to data released by the Turkish Statistical Institute (TUIK).In January-February of this year, real estate sales in Turkey totaled 236,029…
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East Pipes Company from Saudi Arabia has completed the construction of a pipe production lineAccording to the company's announcement to the Saudi Arabian Stock Exchange, local pipe manufacturer East Pipes Integrated Company for Industry (East Pipes) has completed the construction and installation of a new pipe production line, and operations and production have now commenced in accordance…
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