Metallurgy news

• Russian MMK cuts production, investments and jobs amid crisis in local steel industry Magnitogorsk Iron and Steel Works, one of the key representatives of the metallurgical industry and the largest producer of rolled products in Russia, recently announced a significant reduction in production volumes, as well as the layoff of workers. The general crisis in the Russian metallurgical... 23.03.2026  15:00

• US CRC imports increased 60.6 percent in January 2026 compared to December According to preliminary census data from the U.S. Department of Commerce, U.S. cold-rolled coil imports totaled 67,531 tons in January this year, up 60.6 percent month-on-month and down 53.0 percent year-on-year. In value terms, CRC imports were $59.27 million in January this year, compared to... 23.03.2026  14:00

• Imports of steel bars to Georgia from Turkey continue to grow in January-February 2026 In January-February of this year, Georgia's total foreign trade turnover with Turkey, which is the country's leading trading partner, amounted to $499.5 million, including imports worth $415.64 million, up 18.9%, and exports worth $83.89 million, up 80.9% year-on-year, according to preliminary... 23.03.2026  14:00

• Foreign sales prices of Turkish metal producers rose 2.91 percent in February 2026 compared to January According to data published by the Turkish Statistical Institute (TUIK), in February 2026, the Turkish Producer Foreign Sales Price Index (PPI)* increased by 2.38 percent overall compared to January and by 35.55 percent year-on-year, while an average increase of 28.90 percent was recorded over the... 23.03.2026  13:00

• USA issues preliminary results of AD order for rectangular pipe with heavy walls from South Korea The U.S. Department of Commerce (DOC) has released the preliminary results of an administrative review of the anti-dumping duty ordinance on rectangular-shaped carbon steel pipes and tubes from South Korea for the review period from September 1, 2023 to August 31, 2024.The DOC has previously... 23.03.2026  13:00

• Nippon Steel has raised $5.6 billion in financing to repay the US Steel Bridge loan. Japanese steel company Nippon Steel Corporation announced that it has received about 900 billion yen ($5.64 billion) in financing under a co-financing agreement led by the Japan Bank for International Cooperation (JBIC) along with major Japanese lenders.The funds will be used to repay an interim... 23.03.2026  11:00

• China's iron ore production rose 1.3 percent in January-February 2026 In January-February this year, China's iron ore production totaled 161.644 million tons, up 1.3% year on year, according to China's National Bureau of Statistics (NBS).In the first two months of this year, iron ore import prices were generally moving in a downward direction. The lowest iron ore... 23.03.2026  10:00

• CPCA: Passenger car sales in China totaled 1.7 million units in March 2026 The Chinese Passenger Car Association (CPCA) said that retail sales of passenger cars in China are expected to reach 1.7 million units in March this year, up 64.5 percent month-on-month and down 12.4 percent year-on-year.In particular, retail sales of new energy vehicles in China are likely to... 23.03.2026  10:00

• Prices for industrial products and raw materials in Canada will increase in February 2026 Prices for products manufactured in Canada, as measured by the Industrial Product Price Index (IPPI), rose 0.4 percent month-on-month in February and increased 5.4 percent year-over-year, according to Statistics Canada. Prices for raw materials purchased by manufacturers operating in Canada, as... 23.03.2026  09:00

• Coke production in China increased by 1.1 percent in January-February 2026 In January-February of this year, China's metallurgical coke production amounted to 82.546 million tons, which is 1.1 percent more than last year, according to the National Bureau of Statistics of China (NBS).During the specified period, China's crude coal production amounted to 762.886 million... 23.03.2026  09:00