Metallurgy news
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Ukrainian Zaporizhstal has sent the first shipments of rolled metal to Metinvest Tybular IasiThe Ukrainian Metallurgical Plant Zaporizhstal, owned by Metinvest, announced the start of deliveries of hot-rolled products to the Romanian company Metinvest Tubular Iasi, which joined the Metinvest Group at the end of 2025.Since the beginning of 2026, Zaporizhstal has shipped 22,000 tons of…
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Shougang Hierro Peru reports lower profits in 2025 due to shiploader accidentPeruvian iron ore producer Shougang Hierro Peru (SHP) announced financial results for 2025. The company posted a net profit of PEN 1.830 billion ($375 million) for 2025, compared with PEN 2.089 billion ($622 million) in 2024.The decline in profit reflected mainly a decline in sold volume due to an…
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Brazil's finished steel trade deficit to decrease in January 2026According to SECEX, Brazil's foreign trade body, in January of this year, Brazil exported 301,210 tons of finished carbon steel products at a price of 208.672 million US dollars, and imported 322,806 tons at a price of 238.633 million US dollars.For comparison, Brazil exported 156,937 tons at a…
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German metallurgists express strong support for the European local content strategyThe German Steel and Metalworking Association (WSM) has given a clear "yes" to the adoption of European local content rules, arguing that such policies are vital for fair competition, sustainable value creation and industrial sustainability in the EU.WSM leaders stressed that support for local…
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Property sales in Turkey plummeted in January 2026 from DecemberIn January of this year, total property sales in Turkey totaled 111,480 units, down 58.0% month-on-month and 4.7% year-on-year, according to data released by the Turkish Statistical Institute (TUIK).In this month, sales were mainly concentrated in Istanbul, where 20,412 units of real estate were…
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Consumer confidence in Turkey increased by 2.3 percent in February 2026 compared toAccording to the monthly consumer trends survey published by the Turkish Statistical Institute (TUIK), the consumer confidence index* in Turkey, which stood at 83.7 points in January this year, rose 2.3 percent month-on-month to 85.7 points in February this year, having previously increased by 0.3…
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The BILDCO division has signed an agreement with CIEC on the modernization of the Abu Dhabi reinforcement plant.On February 18, BILDCO Reinforcing Steel Services, a subsidiary of Abu Dhabi's National Building Materials Company, signed an agreement with Hong Kong-based CIEC Group to modernize its reinforcement plant in Abu Dhabi.According to the company's statement, the project will focus on the…
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The EEC extends the validity of AD measures regarding seamless OCTG from ChinaThe Eurasian Economic Commission (EEC), the executive body of the Eurasian Economic Union (EAEU), which includes Belarus, Kazakhstan, Kyrgyzstan, Russia and Armenia, announced the extension of the anti-dumping duty on seamless petroleum products (OCTG) from China until December 21, 2026…
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U.</p><p>S. pipe exports decreased by 15.9 percent in November 2025 compared to OctoberAccording to the export data of the US Department of Commerce, exports from the United States of structural pipes amounted to 5,440 tons in November last year, which is 15.9 percent less than in October and 40.2 percent less than in November 2024. In value terms, exports of structural pipes totaled…
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US wafer roll imports down 27.8 percent in November 2025 compared to OctoberU.S. imports of wafer coils totaled 34,528 tons in November 2025, down 27.8 percent from October and down 46.5 percent from November 2024, according to preliminary U.S. Commerce Department census data. In value terms, coil slab imports were $25.65 million in November 2025, up from $30.16 million in…
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