Metallurgy news
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KEZAD Group launches World's first pay-as-you-grow metal Park in Abu DhabiThe UAE-based KEZAD Group, the operator of the Khalifa Economic Zones in Abu Dhabi, has announced the launch of the Metal Park, described as the world's first pay-as-you-go metals ecosystem, in Abu Dhabi.The project was developed with a total investment of 430 million dirhams ($117.09 million) and…
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Turkey's Isdemir has received approval for a solar project in Diyarbakir to produce 312 million kilowatt hours of energy per year.The Turkish Ministry of Environment, Urbanization and Climate Change has announced that the Iskenderun Demir ve Çelik A. solar power plant project.Ş. (Isdemir) in Dikleh district in Diyarbakir received approval after the Environmental impact Assessment (EIA) process was completed.Project scope and…
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Global DRI production increased 5.3 percent in 2025According to data released by the World Steel Association (Worldsteel), global direct reduction iron (DRI) production in 12 countries, accounting for approximately 85 percent of total global DRI production in 2024, totaled 11.04 million metric tons in December 2025, down 1.7 percent per month and…
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Danieli modernizes round section production for Ukrainian InterpipeItalian manufacturing plant Danieli has announced the award of an order from Ukrainian steel pipe and rail products manufacturer Interpipe for a new 310mm round upgrade for the No. 2 continuous casting machine at the Ukrainian manufacturer's EAF-based steel complex.Danieli explained that its scope…
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SMS Group opens new production facility in Ahmedabad to serve Indian steel marketThe German plant manufacturer SMS Group has announced the opening of a new state-of-the-art manufacturing facility in Sanand near Ahmedabad, marking a further expansion of the company's manufacturing presence in India.Facility size and production capacitySMS Group stated that the new production…
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EU carbon tax forces ArcelorMittal Krivoy Rog to stop one of its main seminarsKrivoy Rog Mining and Metallurgical Plant PJSC "ArcelorMittal Krivoy Rog" (AMKR, Dnepropetrovsk region) announces the forced closure of the thriving workshop in the second quarter of 2026According to the company's press release on Monday, this decision is not easy, but is objectively due to the…
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Fitch has revised Turkey's outlook to positive, affirming its sovereign rating of 'BB-'International credit rating agency Fitch Ratings announced that it has revised the outlook on Turkey's long-term foreign currency issuer default rating to positive from stable, affirming the sovereign rating at 'BB-'.In Fitch's view, the revised outlook reflects a faster-than-expected strengthening…
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EU import quotas for some flat steel products have been exhausted for almost one monthAs the first month of the EU quota period from January 1 to March 31 approaches, some import quotas for certain types of steel products allocated to Turkey, Taiwan and China have already been exhausted, while more than 60 percent of quotas for some types of steel products have been used up…
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Ukrzaliznytsia sold 60 thousand tons of scrap in 2025The Ukrainian Railways (Ukrzaliznytsia) sold 60 thousand tons of scrap metal in 2025, receiving approximately 400 million UAH ($ 9.27 million) in revenue, local media reported.In the period from June 2025 to January 2026, Ukrzaliznytsia held 209 auctions for the sale of scrap metal, during which…
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Daily steel production at CISA plants decreased by 0.9% in mid-January, stocks increasedThe China Association of Ferrous Metallurgy (CISA) reported that in mid-January (January 11-20) of this year, the average daily volume of crude steel production by large and medium-sized steel mills in China - by all CISA members - amounted to 1,979 million tons, which is 0.9% less than in early…
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