Metallurgy news

• Steel imports to Vietnam will decrease by 9.2 percent in 2025 According to data released by the General Administration of Customs of Vietnam, in December 2025, steel imports to Vietnam amounted to 1.82 million tons, which is 19.7 percent more than in November, and scrap imports amounted to 683,854 tons, an increase of 59.1 percent compared to the same... 07.01.2026  14:00

• European refineries warn EU steel safeguards could push costs up to €9 billion European downstream producers' associations have jointly raised serious concerns about the European Commission's proposal to expand and tighten steel safeguards to address global overcapacity.While recognizing the need to support EU steel producers and counter market distortions associated with... 07.01.2026  13:00

• Turkey's wire rod exports increased by 4.7 percent in January-November 2025 In November last year, Turkey's wire rod exports totaled 61,906 metric tons, up 14.7 percent from October and 133.5 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated from these exports totaled $34.68 million,... 07.01.2026  12:00

• Hyundai Steel builds DRI pilot plant in Tangjin According to local media reports, South Korean steel company Hyundai Steel has begun construction of a pilot plant for direct reduction iron (DRI) at its Dangjin Steelworks steel mill in preparation for future investments in a steel mill in the United States.The pilot plant will be used to test... 07.01.2026  12:00

• UK TRA recommends excluding the import of fittings from Vietnam from the exclusion Following a review of the tariff quota applicable to imports of rebar (Category 13) under codes 72142000 and 72149910 from Vietnam, the UK Trade Protection Authority (TRA) recommended that imports of this product from Vietnam, previously excluded from the developing country exemption, should now be... 07.01.2026  11:00

• Turkish Kardemir receives orders for 22,980 tons of rails from Turkish State Railways Turkish integrated long-gauge steel manufacturer Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. He announced that he had signed contracts for the supply of railway transport totaling 22,980 tons with the General Directorate of the Turkish State Railways (TCDD) and seven different regional... 07.01.2026  11:00

• Inventories of key finished steel products in China fell by 3.6% at the end of December 2025 On December 31 last year, the total domestic inventories of five major finished steel products in China's 21 major cities totaled 7.21 million tons, down 270,000 tons or 3.6 percent from December 20, as announced by the China Iron and Steel Association (CISA).In particular, as of December 31,... 07.01.2026  10:00

• Car sales in India across all categories increased by 15% in December 2025 According to data released by the Federation of Automobile Dealers Association (FADA) on Wednesday, January 7, retail sales of Indian cars in all categories designated by the new registration were estimated at 2.029 million units in December 2025, which is 14.63 percent more than in the... 07.01.2026  10:00

• NBS: At the end of December 2025, local Chinese prices for rebar increased by 0.5 percent At the end of December (21-31 December) last year, the average price in China for 20mm HRB 400E rebar rose by 14.8 yuan/t (2.1 US dollars/t) or 0.5 percent to 3,184.6 yuan/t (454 US dollars/t) compared with the price in mid-December (11-20 December), the National Bureau of Statistics announced... 07.01.2026  09:00

• Wholesale sales of NEV in China increased by 25% to 15.33 million units in 2025 The China Association of Passenger Cars (CPCA) announced that wholesale sales of new energy source vehicles (NEV) in China totaled 1.57 million units in December, up four percent from the same period last year, but down 8.0 percent month-on-month.CPCA also stated that wholesale sales of NEV in... 07.01.2026  09:00