Metallurgy news
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Ternium will take full control of UsiminasTernium announced that its subsidiary Ternium Investments will buy the remaining stakes in the group that controls Brazilian steel and iron ore producer Usiminas from Nippon Steel and Mitsubishi Corporation.Ternium will pay the equivalent of US$315.2 million for 153.1 million shares, increasing its…
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Assofermet: JRC data refutes the idea of a potential shortage of scrap in the EUThe Italian association representing companies involved in the trading, distribution and processing of steel and metals, Assofermet, has welcomed the findings of the latest research published by the European Commission's Joint Research Center (JRC) on the EU steel supply chain. The findings show…
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Canada extends the pre-decision period for the AD investigation into OCTG from five countriesThe Canadian Border Protection Agency (CBSA) has announced the extension of the preliminary stage of the anti-dumping investigation into imports of pipe products from the oil country (OCTG) from Mexico, the Philippines, Turkey, South Korea and the United States.Under normal circumstances, the…
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Germany will introduce a price for industrial electricity from 2026At the 8th Ministerial Meeting of the Friends of Industry, held in Berlin on November 3, 2025, German Economy Minister Katerina Reiche announced that Germany will introduce an industrial electricity price from January 1, 2026, with retroactive budgetary support to 2027.High energy costs have become…
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IREPAS: The global long-range rental market is struggling with weak demand, oversupply and intense competitionThe global long products market remains under pressure due to weak demand, new capacity and low plant utilization, according to IREPAS, the global association of long products exporters and manufacturers. Demand is stagnating, supply continues to grow, and trading opportunities are dwindling in the…
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Car production in Japan increased by 4.2% in January-August 2025According to data provided by the Japan Automobile Manufacturers Association (JAMA), in August of this year, car production in Japan (including cars, trucks and buses) It amounted to 543,212 units, an increase of 0.4 percent compared to the same month in 2024. Meanwhile, in January-August 2025, car…
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Nippon Steel reported a net loss in the first half of 2025-26.Nippon Steel Corporation of Japan has announced consolidated financial and operating results for the first half of the year ended September 30, 2025-26 fiscal year.For the period, the company recorded a net loss of 98.91 billion yen (643.73 million US dollars) compared to a net profit of 259.07…
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Colombia's ferrous metallurgy exports Decreased by 0.2 percent in January-September 2025In the first nine months of this year, Colombia exported 104,479 tons of ferronickel, down 9.2 percent, worth $346.55 million, down 16.3 percent from last year, as announced by the Colombian National Administrative Statistics Department (DANE). In September alone, Colombian ferronickel exports…
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US Steel Adds Premium Thread line to Alabama Pipeline Plant to Meet Growing Energy DemandUnited States Steel Corporation (US Steel) announced a $75 million capital investment to build new premium filament at its Fairfield Tubular Operations facility in Alabama.The project, approved by the company's board of directors, is part of a broader capital deployment plan developed in…
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ADMIB: Turkish steel industry is resistant to global fluctuationsThe Turkish ferrous and non-ferrous metals sector continued to increase exports in September this year, demonstrating resilience to global fluctuations. According to the Turkish-based Mediterranean Association of Ferrous and Non-Ferrous Metal Exporters (ADMIB), in September this year, exports of…
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