Metallurgy news
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Kazakhstan's Qarmet provides financing for new coke oven battery complexKazakh metallurgical company Qarmet has received long-term financing for the construction of a new coke oven battery complex after signing a loan agreement with the Development Bank of Kazakhstan (DBK), according to a statement from the latter.The project involves the construction of two modern…
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AGSI strengthens low carbon steel position with Emirates NBD fundingOn February 26, Emirates NBD, one of the leading banking groups in the Middle East, North Africa and Turkey (MENAT) region, provided green financing to UAE-based Arabian Gulf Steel Industries (AGSI), supporting the steelmaker's ongoing expansion into low-carbon manufacturing. The funding is…
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US HRC exports decreased by 21.8 percent in December 2025 compared to NovemberAccording to export data from the U.S. Department of Commerce, exports of hot-rolled coils to the United States totaled 36,183 tons in December this year, down 21.8 percent from November and 41.3 percent from December 2024. In value terms, HRC exports totaled $38.9 million in December, compared…
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German crude steel production rose 15 percent in January 2026In January this year, German steel production rose 15.0 percent year on year to 3.08 million tons, according to information provided by the German steel federation Wirtschaftsvereinigung Stahl (WV Stahl).In this month, German pig iron production was 2.04 million tons, an increase of 18.8 percent…
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TUIK: The cost of steel exports from Turkey decreased by 18 percent in January 2026According to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), in January, Turkey's foreign trade deficit increased by 11.6 percent to $8.38 billion compared to January 2025.In January, Turkey's ferrous metallurgy exports ranked ninth among the country's…
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EUROMETAL Southern Europe Meeting 2026 - The Shadow of Industrial DesertificationDuring the panel discussion “Rolling in the deep!” Are we at risk of industrial desertification in the EU?”, held during the EUROMETAL Southern Europe Meeting 2026 on 26 February in Milan, Franco Felisa (ESN, Electromechanics Synergy Network), Tommaso Sandrini (Assofermet, San Polo Lamiere)…
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TUIK: The cost of steel imports to Turkey decreased by 4.8 percent in January 2026According to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), in January of this year, the value of iron and steel imports to Turkey fell by 4.8 percent year-on-year, amounting to $1.80 billion. In this month, iron and steel ranked sixth among the country's…
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HDG imports to the United States increased 0.2 percent in December 2025 compared to NovemberAccording to preliminary data from the U.S. Department of Commerce, imports of hot-dip galvanized sheets to the United States totaled 92,944 tons in December last year, up 0.2 percent from November and down 43.3 percent from December 2024. In value terms, HDG imports totaled $89.8 million in…
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Kremenchug Metal Products Plant reduced net profit by 87%PJSC "Kremenchug Metal Products Plant" (Poltava region) based on the results of work in 2025, reduced net profit by 87% compared to the previous year - to UAH 742,947 thousand. from 5 million 568 961 thousand UAH.According to the agenda of the annual general meeting of shareholders, scheduled for…
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Global iron ore exports rose sharply after the Chinese New Year holidaysGlobal iron ore exports increased sharply to 28.7 million tons between February 14 and February 20, 2026 (week 08), up 49% from 19.31 million tons (week 07) in the previous week, reflecting a strong recovery after the holidays.The growth was driven by the resumption of consumer activity in China…
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