Metallurgy news
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Confidence in Turkey's construction sector decreased by 2.1 percent in February 2026 compared to JanuaryAccording to the monthly survey of industry confidence published by the Turkish Statistical Institute (TUIK), the index of confidence in the Turkish construction sector fell in February this year by 2.1 percent to 83.9 points compared to the previous month.According to indexes based on individual…
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Imports of steel ingots to Georgia from Turkey increased sharply in January 2026In January of this year, Georgia's total foreign trade turnover with Turkey, which is the country's leading trading partner, amounted to $247.1 million, including imports of $194.98 million, up 9.9%, and exports of $52.12 million, up 121.9% year-on-year, according to preliminary data provided by…
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Saarstahl renews long-term steel supply agreement with Max Bögl for turbine tower productionGerman long steel manufacturer Saarstahl AG announced that its subsidiary DWK Drahtwerk Köln GmbH (DWK) has renewed its long-term cooperation agreement with power equipment manufacturer Max Bögl Wind AG, expanding a partnership that has been in place since 2015.The updated agreement increases…
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Bukhour and Jindal are collaborating on a steel pipe manufacturing plant in Saudi Arabia.The Saudi investment company Buhur Investment Company announced the signing of an agreement with the Indian company Jindal SAW to establish a new carbon steel pipe production plant in the industrial city of Sudair in Saudi Arabia. The announcement marks a significant increase in local industrial…
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Turkish company Çemtaş reports higher net losses and lower revenues in 2025The Bursa-based Turkish steel company Çemtaş Çelik Makina Sanayi ve Ticaret A.Ş (Çemtaş) has announced its financial and operating results for 2025.Accordingly, Çemtaş reported a net loss of 115.96 million Turkish liras ($2.64 million) for the year, compared with a net loss of 39.04 million Turkish…
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ISA: India can reduce carbon emissions by 28% through increased use of scrapIndia can reduce carbon emissions in its steel sector by as much as 28 percent through increased use of scrap, making it one of the most practical short-term decarbonization solutions, Alok Sahai, Secretary General of the Indian Steel Association (ISA), said on Tuesday, February 24.Addressing the…
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IEEFA: Green hydrogen critical to India's transition to low-carbon steel amid dependence on coal importsAccording to an analysis by the Institute of Energy Economics and Financial Analysis (IEEFA), India's planned expansion of crude steel production capacity to 300 million tons per year by 2030 increasingly exposes the structural vulnerabilities associated with heavy dependence on imported…
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US releases Final Subsidy Rates for Length-cut slab from South KoreaThe U.S. Department of Commerce (DOC) has announced the final results of its administrative review of the Countervailing Duty Ordinance (CVD) on certain carbon grade cut-to-length steel sheets from South Korea for the period January 1, 2023 to December 31, 2023.The DOC determined that exporters…
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UK steel price forecast as safeguard reform and CBAM change the marketThe UK steel market is entering a major structural shift as existing safeguards expire in June 2026 and tougher protectionist policies are considered, according to the latest market assessment from UK steel supplier All Steels Trading Ltd. The report warns of significant price escalation caused by…
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US Steel Production Increased by 0.9% - Week 8, 2026According to the American Institute of Cast Iron and Steel (AISI), for the week ended February 21, 2026, domestic crude steel production in the United States amounted to 1,817 million tons, and the capacity utilization factor was 78.5%.Production for the week ending February 21, 2026 increased by…
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