Metallurgy news
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Gerdau's net profit in the second quarter of 2026 increased by 70% compared to last year.Brazilian steel producer Gerdau reported consolidated net income of $286.897 million for the second quarter of 2026, up 70% from the same period in 2025, reflecting improved sales patterns, higher selling prices and measures taken to improve business competitiveness, the company said.Net sales…
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The United States has published preliminary results of a CVD examination of large-diameter welded pipes from South Korea.The U.S. Department of Commerce (DOE) has announced the preliminary results of the administrative review of the countervailing Duty (CCC) of Togo on large diameter welded pipes (LDWP) from South Korea for the period from January 1, 2024 to December 31, 2024.the doctor has tentatively established…
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Australia initiates review of shelf life for hollow structural profile imports from four countriesThe Australian Anti-Dumping Commission has announced that it has initiated a review of the validity of anti-dumping measures for certain hollow structural profiles imported from China, South Korea, Malaysia and Taiwan, which expire on July 3, 2027.The review, which was launched at the request of…
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Hoabin and Pomina Steel cooperate to expand production of sheet steel by 1.2 million tonsThe Vietnamese construction company Hoa Binh Construction Group has announced the signing of a memorandum of understanding with the Vietnamese steel producer Pomina Steel for the construction of the second stage of a steel mill in the Phu My Industrial Park. 1..The nearly 40,000 square meter…
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Voestalpine starts the fiscal year 2026-27 with higher profitability and higher revenueAustrian steel producer Voestalpine AG reported improved financial results for the first quarter of fiscal year 2026/27, which ends on June 30, due to a diversified business portfolio, ongoing restructuring measures and continued international expansion, despite the difficult global market…
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Turkish HRC exports to decline in June 2026 as weakness in key EU markets negatively affects tonnageAccording to preliminary data provided by the Turkish Statistical Institute (TUIK), in June of this year, exports of hot-rolled coils (HRC) from Turkey amounted to 252,153 metric tons, which is 8.5% less than in May and 5.4% year-on-year. Meanwhile, revenue from these exports amounted to $157.18…
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The EU and other countries have exhausted certain quotas for steel imports from the UKDuring the new UK quota period from July 1 to September 30, some import quotas for certain types of steel products allocated to the EU and other countries were exhausted, while more than 70 percent of quotas for certain types of steel products were consumed, according to the UK Department of…
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Ferrexpo temporarily suspends iron ore production amid disruptions to exports from the Black SeaSwiss mining company Ferrexpo, whose main interests are related to Ukrainian iron ore assets, announced the temporary suspension of iron ore production at its mining and pelletizing plants in Ukraine due to ongoing disruptions in export logistics on the Black Sea following the recent incident with…
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Car sales in Turkey fell by 10.7% in January-July 2026In July of this year, sales of passenger cars and light commercial vehicles in Turkey decreased by 23.1% month-on-month and by 25.0% year-on-year to 80,786 units, according to statistics released by the Turkish Automobile Distributors and Mobility Association (ODMD). In the current month, sales of…
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Exports of pig iron and steel from Colombia decreased by 30.9% in the first half of 2026%In the first half of this year, Colombia exported 37,089 tons of ferronickel, which is 45.6% less, worth 119.71 million dollars, which is 47.8% less than last year, according to the National Administrative Department of Statistics of Colombia (DANE). In June alone, Colombia's ferronickel exports…
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