Metallurgy news

• Average new home prices in 100 Chinese cities rose 2.58% in December 2025 Last December, average new home prices in China's 100 major cities were 17,084 yuan per square meter ($2,430 per sq. m.), up 0.28 percent month-on-month and up 2.58 percent year-on-year, the CIA, China's largest independent real estate research organization, announced.Between Meanwhile, in December ... 06.01.2026  09:00

• US rig count increases, Canada rig count decreases - Week 54 of 2025 Baker Hughes reported that for the week ended December 30, 2025, the number of U.S. rotary drilling rigs increased by 1 to 546.The number of gas production rigs decreased by 2 to 125, and the number of oil production rigs increased by 3 to 421. The total number of U.S. drilling rigs decreased by 43... 06.01.2026  03:00

• U. S. crude steel production Rose 0.5 Percent in the 54th week of 2025 According to the American Institute of Iron and Steel (AISI), for the week ending January 3, 2026, domestic production of raw steel in the United States amounted to 1,704 million net tons, and the capacity utilization rate was 74.4 percent.Production for the week ending January 3, 2026 increased by... 06.01.2026  03:00

• Copper prices rose sharply due to a strike at the Mantoverde mine in Chile Copper rose on Monday on growing concerns about a reduction in global supplies of the metal due to a strike at a mine in Chile.Copper futures for delivery in three months on the London Metal Exchange (LME) rose 3.42% during trading to $12,896 per tonne. Earlier in the session, the value of these... 05.01.2026  20:00

• Italian company Saipem awarded $425 million offshore contract for Sakarya gas field Italian oilfield services company Saipem has announced that it has received a new offshore contract from Turkish Petroleum OTC to extend the third phase of the Sakarya gas field development project in the Black Sea. The total value of the contract is approximately US$425 million.Saipem said the... 05.01.2026  14:00

• Canadian Saga Metals confirms potential of rich iron ore in Labrador The Canadian company for the exploration of critical minerals Saga Metals Ltd. Announced the completion of its annual work program at the North Wind Iron ore project in Labrador, which focuses on advancing the understanding and potential of the iron ore asset development.Drilling and expansion of... 05.01.2026  14:00

• Ukraine has banned the export of scrap metal to support domestic steel production Prime Minister of Ukraine Yulia Sviridenko reported that the Government of Ukraine approved the decision to extend current restrictions on the export of scrap metal until the end of 2026.In accordance with the decision, a licensing regime with zero export quotas for scrap was introduced. According... 05.01.2026  13:00

• Fenix Resources reports record quarterly shipments of iron ore exceeding one million tons According to Fenix Resources, an Australian mining company, the company shipped a total of 1,241,000 metric tons of iron ore to 21 ships during the December quarter, the highest quarterly shipment volume in its history and the first production quarter to exceed one million tons.The mining company... 05.01.2026  13:00

• Domestic sales prices of Turkish metal producers increased by 1.78% in December 2025 compared to November According to statistics released by the Turkish Statistical Institute (TUIK), the domestic producer price index (DPI) for Turkish industry as a whole rose 0.75 percent month-on-month and 27.67 percent year-on-year last December, while an average increase of 25.36 percent was recorded over the past... 05.01.2026  12:00

• Scrap imports to Turkey decreased by 6.7 percent in January-November 2025 Last November, scrap imports to Turkey decreased by 6.7 percent year-on-year and increased by 35.3 percent month-on-month to 1.74 million metric tons, according to data provided by the Turkish Statistical Institute (TUIK). The value of these imports amounted to $628.51 million, a decrease of 10.3%... 05.01.2026  12:00