Metallurgy news
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The Turkish company Yükselen Çelik reports losses for 2025, cost reduction measures are being implementedTurkish steel producer Yükselen Çelik has announced financial results for 2025.Last year, the company reported a net loss of 187.74 million Turkish liras ($4.28 million), compared with 485.58 million Turkish liras in 2024. Yükselen Çelik's operating profit was 73.3 million Turkish liras ($1.67…
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US amends final dumping margin on round welded pipe from Thailand's Saha Thai PipeThe U.S. Department of Commerce (DOC) announced that it has amended the order and final determination regarding its anti-dumping investigation into the import of certain round welded carbon steel pipes and pipes from Saha Thai Steel Pipe Public Company limited on the basis that the final…
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UNESCO: Steel production in Spain decreased slightly in 2025According to the Spanish steel producers Association UNESCO, last December, Spanish steel production totaled 686,000 tons, down 25.4 percent month-on-month and 38.3 percent year-on-year. For the whole of 2025, the country's steel production amounted to 11.80 million tons, compared with 11.87…
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Foreign sales prices of Turkish metal producers rose 4.35 percent in January 2026 compared to DecemberAccording to data published by the Turkish Statistical Institute (TUIK), in January 2026, the Turkish Producer Foreign Sales Price Index (PPI)* increased overall by 4.06 percent compared to December and by 35.12 percent year-on-year, while an average increase of 27.63 percent was recorded over the…
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CBAM implementation creates uncertainty for Dutch steel importersThe Royal Dutch Steel Federation said that the introduction of the EU Carbon Boundary Adjustment Mechanism (CBAM) is expected to put significant short-term pressure on the Dutch manufacturing industry, especially in the steel sector.While CBAM aims to prevent carbon leakage by equalizing carbon…
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Oman's Al Jazeera Steel approves two wholly owned US companiesOmani-based steel tube and pipe manufacturer Al Jazeera Steel Products has approved the establishment of two subsidiaries in the United States, according to a regulatory filing to the Muscat Stock Exchange (MSX).The announcement was disclosed by the company in a recent MSX filing, citing a board…
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India's Atmastco has received a $26 million order for the construction of a heating furnace at the SAIL BHILAI steel mill.The Indian engineering, Procurement and Construction Company (EPC) Atmastco Limited has received an order worth $26 million for the construction of a reheating furnace at the Bhilai (SAIL) steel plant of the Steel Authority of India Limited, the company said in a statement on Friday, February 20.In…
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Ukrainian Interpipe supplied wheels for high-speed trains in TurkeyUkrainian steel pipe and railway wheel manufacturer Interpipe has announced that its KLW brand railway products are supplying railway wheels for high-speed passenger trains in Turkey.The company has supplied 850 mm railway wheels made from ER8 grade 1 steel for the HT 65000 passenger trains, which…
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Ternium launches cold rolling and galvanizing lines in MexicoAccording to Latin American steel producer Ternium, the company has started work on two new production lines - a cold rolling mill and a galvanizing line - at its Pesquería plant in Nuevo Leon, Mexico, as part of an ongoing $4 billion expansion project in the country.Ternium said the launch marks a…
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US wire exports down 27.5% in November 2025 compared to OctoberAccording to export data from the US Department of Commerce, exports of drawn wire to the United States totaled 6,550 tons last November, down 27.5% month-on-month and up 13.6% year-on-year. In value terms, wire exports totaled $16.23 million in October, compared to $20.67 million in the previous…
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