Metallurgy news
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US OCTG Imports Down 10.0 Percent in August 2025According to preliminary data from the US Department of Commerce, US imports of oil-country tubular goods (OCTG) totaled 139,204 tons in August this year, down 10.0 percent from July and up 11.1 percent year-on-year. In value terms, OCTG imports were $163.0 million in August, up from $191.5 million…
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U.S. beam exports down 1.1 percent in August 2025According to U.S. Department of Commerce export data, U.S. exports of heavy building products (including U, I, H, L and T beams) totaled 18,927 tons in August of this year, down 1.1 percent from July and 50.7 percent less than last August. In value terms, beam exports totaled $28.4 million in…
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Mexico to impose higher import duties on Brazilian steel productsThe Mexican Senate has approved legislation that will increase import tariffs on 232 Brazilian products effective January 1, 2026. The revised tariff rates will range from 20 to 35 percent, affecting industries such as auto parts, textiles, home appliances and steel products, according to Brazilian…
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Mexico approves new tariff hike against ChinaMexican lawmakers have approved a bill imposing a wide range of new import tariffs on countries without a free trade agreement with Mexico, affecting more than 1,400 products, many of which come from China, according to local media reports. These measures were passed by the Mexican Senate on…
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CAAM: Sales of new energy vehicles in China increased by 31.2 percent in January-November 2025According to the Chinese Association of Automobile Manufacturers (CAAM), in the first 11 months of this year, the production and sales of new energy vehicles (NEV) in China amounted to 14.907 million units and 14.78 million units, which is 31.4 percent and 31.2 percent more than last year…
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OCBC supports Singapore's Green Esteel's $1.5 billion HBI project to boost low-carbon steel suppliesSingapore-based banking and financial services group OCBC has announced an equity investment in the development of a hot briquetted iron (HBI) plant, which will form part of Southeast Asia's largest integrated low-carbon steel production complex. The investment is in Singapore-based Green Esteel…
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China introduces new rules for steel exportsAccording to the latest data released by the General Administration of Customs of China (GACC), in the period from January to November of this year, exports of finished steel from China amounted to 107.717 million tons, reaching a historic high, an increase of 6.7 percent year-on-year.Against this…
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Thyssenkrupp returns to net profit in fiscal year 2024-2025German steel company Thyssenkrupp announced its financial results for the 2024-25 financial year ended September 30.In this financial year, the company posted a net profit of 532 million euros, compared with a net loss of 1.45 billion euros recorded in the previous financial year, while its sales…
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Jingjiang Yongjin Chinese company modernizes reverse cold rolling mill in JiangsuPrimetals Technologies, a British equipment manufacturer, announced that Jingjiang Yongjin Metal Technology, a Chinese stainless steel manufacturer, has completed the installation of a complete Level 1 and Level 2 automation system at its No. 3 20-roll reversible cold rolling mill located in…
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Ukrainian Interpipe took up the development of new equipment and productsVitaly Sueta, director of products and resources at Ukrainian steel pipe and railway products manufacturer Interpipe, said the company continues to implement its long-term investment strategy despite wartime difficulties. Mr. Sueta emphasized that maintaining a position in the international market…
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