Metallurgy news
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Turkish rebar exports Increased by 22.2% in January-November 2025In November last year, the volume of rebar exports from Turkey increased by 6.5 percent month-on-month and by 20.9 percent year-on-year to 370,951 metric tons, according to data provided by the Turkish Statistical Institute (TUIK). The value of these exports amounted to $202.19 million, an increase…
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SAIL predicts 37% growth in steel sales in December 2025Indian state-owned steel producer Steel Authority of India Limited (SAIL) reported steel sales in December 2025 of 2.1 million tons, up 37 percent from the corresponding month of the previous year, according to a company statement on Tuesday, January 6.However, the company did not disclose…
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Indian MOIL LIMITED forecasts a 4% increase in manganese ore production in the third quarter of fiscal year 2025-26The Indian state-owned manganese ore mining company Moil Limited achieved ore production of 477,000 tons in the third quarter (October-December) of the fiscal year 2025-26, an increase of 3.7 percent compared to the corresponding quarter of the previous fiscal year and the highest production volume…
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Average new home prices in 100 Chinese cities rose 2.58% in December 2025Last December, average new home prices in China's 100 major cities were 17,084 yuan per square meter ($2,430 per sq. m.), up 0.28 percent month-on-month and up 2.58 percent year-on-year, the CIA, China's largest independent real estate research organization, announced.Between Meanwhile, in December…
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US rig count increases, Canada rig count decreases - Week 54 of 2025Baker Hughes reported that for the week ended December 30, 2025, the number of U.S. rotary drilling rigs increased by 1 to 546.The number of gas production rigs decreased by 2 to 125, and the number of oil production rigs increased by 3 to 421. The total number of U.S. drilling rigs decreased by 43…
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U.</p><p>S. crude steel production Rose 0.5 Percent in the 54th week of 2025According to the American Institute of Iron and Steel (AISI), for the week ending January 3, 2026, domestic production of raw steel in the United States amounted to 1,704 million net tons, and the capacity utilization rate was 74.4 percent.Production for the week ending January 3, 2026 increased by…
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Copper prices rose sharply due to a strike at the Mantoverde mine in ChileCopper rose on Monday on growing concerns about a reduction in global supplies of the metal due to a strike at a mine in Chile.Copper futures for delivery in three months on the London Metal Exchange (LME) rose 3.42% during trading to $12,896 per tonne. Earlier in the session, the value of these…
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Italian company Saipem awarded $425 million offshore contract for Sakarya gas fieldItalian oilfield services company Saipem has announced that it has received a new offshore contract from Turkish Petroleum OTC to extend the third phase of the Sakarya gas field development project in the Black Sea. The total value of the contract is approximately US$425 million.Saipem said the…
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Canadian Saga Metals confirms potential of rich iron ore in LabradorThe Canadian company for the exploration of critical minerals Saga Metals Ltd. Announced the completion of its annual work program at the North Wind Iron ore project in Labrador, which focuses on advancing the understanding and potential of the iron ore asset development.Drilling and expansion of…
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Ukraine has banned the export of scrap metal to support domestic steel productionPrime Minister of Ukraine Yulia Sviridenko reported that the Government of Ukraine approved the decision to extend current restrictions on the export of scrap metal until the end of 2026.In accordance with the decision, a licensing regime with zero export quotas for scrap was introduced. According…
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