Metallurgy news
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Consumer confidence in Turkey decreased by 1.8 percent in December 2025 compared to NovemberAccording to the monthly consumer trends survey published by the Turkish Statistical Institute (TUIK), the consumer confidence index* in Turkey, which stood at 85.0 points in November this year, decreased by 1.8 percent month-on-month in December this year to 83.5 points, having previously…
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Taiwan launches AD on NOES from South Korea and ChinaTaiwan Customs Administration under the Ministry of Finance announced the launch of an anti-dumping investigation (AD) into cold-rolled non-oriented electrical steel (NOES) products from South Korea and China.The investigation was launched at the request of domestic manufacturer China Steel…
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Turkish President Tosyali maintains his goals for 2025, despite difficult global conditionsFuat Tosyali, chairman of the Turkish company Tosyalı Holding, in a conversation with Anadolu Agency (AA), said that despite global economic uncertainty and growing competitive pressure, the group plans to end 2025 with revenue of about $ 9 billion. He stressed that production growth, ongoing…
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Severstal: demand for steel in the Russian construction sector will fall by 10 percent by the end of 2025According to a press release sent to the Russian press agency TASS, Russian steel producer Severstal said demand for steel in Russia's construction sector is expected to decline by 10 percent by the end of 2025, reflecting a broader decline in metal consumption in the country's main steel-consuming…
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JFE Steel is developing a 130 mm thick steel plate for offshore wind power facilitiesJapanese steel manufacturer JFE Steel has announced that it has developed a steel plate with a maximum thickness of 130 mm for use in supporting structures of offshore wind power plants, including mono-piles, casings and towers of wind turbines.The product has successfully passed the efficiency…
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Taiwan seeks WTO consultation on new Canadian tariff amendmentsAccording to local media reports, Taiwan has formally requested World Trade Organization (WTO) consultations with Canada regarding recently introduced Canadian tariff measures affecting steel and steel products.The Taiwanese government has confirmed that the request relates to Canadian tariff…
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The UK government is allocating an additional 22 million pounds to support the steel transition at Port Talbot.The UK government has announced an additional 22 million pounds to support businesses and workers affected by the changes at the Tata Steel UK plant in Port Talbot, reaffirming its commitment to managing the social and economic impacts of the company's transition to low-carbon steel production.The…
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SSAB's Tibnor acquires Finnish steel distributorSwedish specialty steel manufacturer SSAB has announced that its subsidiary distributor Tibnor has signed an agreement to acquire Finnish steel distributor Ovako Metals Oy as part of a strategic move to strengthen its presence in the Scandinavian market and expand its product range.Ovako Metals Oy…
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Outokumpu welcomes the EU CBAM proposal, calls for further clarificationsFinnish stainless steel manufacturer Outokumpu welcomed the European Commission's proposed Carbon Boundary Adjustment Mechanism (CBAM), calling it an important milestone in advancing Europe's climate ambitions.From January 2026, CBAM is designed to ensure that imported carbon-intensive goods face…
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IABr: Record imports will reduce steel production in Brazil by 2.2 percent in 2025 and 2026Brazil's steel production is expected to fall 2.2 percent in 2025 from 2024, reaching 33.1 million tons, as record levels of steel imports continue to put pressure on domestic producers, according to the Brazilian steel institute IABr.IABr said rolled steel imports are forecast to rise 20.5 percent…
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