Metallurgy news
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U.S. crude steel production rose 0.2 percent in the second week of 2026According to the American Iron and Steel Institute (AISI), for the week ended January 17, 2026, domestic crude steel production in the United States was 1.756 million net tons, with a capacity utilization rate of 75.9 percent.Output for the week ended January 17, 2026 increased 0.2 percent compared…
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Chilean economy's annual performance rose in NovemberThe Central Bank of Chile reported that the country's economy grew by 1.2 percent in November 2025 compared with November 2024, as measured by the IMACEC index.Goods production fell by 1.3 percent, mining activity fell by 2.6 percent, manufacturing grew by 0.3 percent, trade activity grew by 5.5…
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Crude steel production in Italy increased by 20.5% in December 2025According to the latest data released by Federacciai, the Italian Federation of Steel Companies, Italy's crude steel production was 1.4 million tons in December 2025, up from 1.8 million tons in November, up 20.5 percent from the same period last year. For the full year, Italy's crude steel…
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Foreign sales prices of Turkish metal producers increased by 2.36% in December 2025 compared to NovemberAccording to data published by the Turkish Statistical Institute (TUIK), in December 2025, the Turkish Producer Foreign Sales Price Index (PPI)* increased by 1.88 percent overall compared to November and by 32.46 percent year-on-year, while an average increase of 26.42 percent was recorded over the…
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BHP Billiton's iron ore production Increased 2.3 percent in the first half of fiscal year 2025-26Australian mining company BHP Billiton has announced its production results for the first half of the year ending December 31, 2025-26 fiscal year.The company's iron ore production in the specified period increased by 2.3 percent year-on-year to 133.8 million tons. BHP Billiton said it expects its…
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US Rig Count Declines While Canadian Rig Count Increases - Week 2, 20Baker Hughes reported that for the week ended January 16, 2026, the number of rotary drilling rigs in the United States decreased by 1 to 543.The number of gas drilling rigs decreased by 2 to 122, and the number of oil drilling rigs increased by 1 to 421. The total number of drilling rigs in the…
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A ship with a Russian HBI is under investigation in Italy for violating sanctionsNews about the detention of a vessel with 33,000 tons of HBI in an Italian port (previously suspected to be Russian and violating European Union sanctions) has been circulating on the market since early January, according to market sources.The investigation was launched by the Financial Guard and…
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UK Steel raises concerns about steel procurement from China as part of Net Zero Teesside projectBritish trade association UK Steel has expressed concern over reports that British oil and gas multinational BP has awarded a contract for approximately 7,000 tonnes of steel for the Net Zero Teesside carbon capture, utilization and storage (CCUS) project to a Chinese supplier, despite the project…
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Qatar extends customs duty on rebar and wire rod until 2026Qatar has decided to maintain the existing 10% customs duty on rebar and wire rod, according to the latest issue of Qatar's Official Gazette, which published a new set of decisions by the Emir and updates to legislation related to trade and industry.The 10% duty, which was first introduced in 2024…
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Thailand expands AD duties on steel pipes from VietnamThailand's Committee on Dumping and Subsidies has announced that it has decided to extend the anti-dumping duty (AD) on certain steel pipe products from Vietnam for another five years, starting on January 12, 2026.The Committee decided that the abolition of duties could lead to the continuation or…
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