Metallurgy news
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US rig count increases, Canada rig count decreases - Week 53 of 2025Baker Hughes reported that for the week ended December 23, 2025, the number of rotary drilling rigs in the United States increased by 3 to 545.The number of gas drilling rigs remained unchanged at 127, and the number of oil drilling rigs increased by 3 to 418. The total number of drilling rigs in…
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US crude steel production down 1.7 percent - Week 53 of 2025According to the American Iron and Steel Institute (AISI), for the week ended December 27, 2025, domestic crude steel production in the United States was 1.695 million net tons, and the capacity utilization rate was 74.0 percent.Production for the week ended December 27, 2025 decreased by 1.7…
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CSN receives financial loan to enhance sustainability of Brazilian plantBrazilian steel and iron ore producer CSN has received a financial loan of $212 million from the official BNDES development bank to support the technological upgrade of sintering units at the Volta Redonda plant located in Rio de Janeiro State.The scope of delivery includes new precipitators and…
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Sidersa hires Danieli to supply mini-plant in ArgentinaArgentine steel producer Sidersa has hired Italian company Danieli to supply the MIDA QLP-DUE mini-mill, which will be installed in San Nicolas, Buenos Aires province.The new plant will have an annual capacity of 360,000 tons, produce straight bundled bars and wire rod, feed scrap and serve mainly…
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Xianyang, Shaanxi Province Activates Level 1 Emergency ResponseOn December 28, the Bureau of Ecology and Environment of Xianyang City, Shaanxi Province issued a notice upgrading the orange severe air pollution warning level to red and activated Level I emergency response at 00:00 on December 29.Electric and coal enterprises engaged in wholesale material…
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India's industrial production increased by 6.7 percent in November, which is a two-year high.India's industrial output, as measured by the Industrial Production Index (IIP), was recorded at 6.7 percent in November 2025, a two-year high, according to government data released on Tuesday, December 30.IIP growth previously peaked at 11.9 percent in November 2023.Manufacturing output increased…
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India will take policy initiatives to achieve steel production target of 300 million tonnes by 2030The Indian government will take policy initiatives to prioritize steel production and commodity security in the coming year as India enters the final phase of its journey to achieve an installed steel production capacity of 300 million tonnes by 2030, a steel ministry official said on Tuesday…
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Russia has extended the quota for scrap metal exports until 2026 and increased the quota volumeThe Russian government has announced the introduction of a tariff quota for the export of ferrous scrap and metal waste to countries outside the Eurasian Economic Union (EAEU) from January 1, 2026 to December 31, 2026. This solution will allow industry participants to sell additional raw materials…
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Metinvest is developing a large program for the production of DR pellets for the "green" metallurgyMetinvest Mining and Metallurgical Group plans to expand its product portfolio in the production of pellets of DR (iron ore rods of direct reduction of DR-IF–U iron) for the production of "green" steel and premium raw materials for the production of pig iron.According to the press release, as part…
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Pakistan's steel industry demands advance tax guarantees for duty-free Chinese importsPakistan's steel industry has called on the Federal Board of Revenue (FBR) to take immediate action to address the influx of duty-free imports of Chinese steel entering the country through the Sost customs dry port, warning that these imports are undermining domestic producers and distorting market…
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