Metallurgy news
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Assofermet: The new EU protection regime is a steel trap for European distribution and productionThe draft regulation, proposed by the European Commission and introducing new measures to replace measures to protect steel imports into the EU, has provoked a sharp reaction from Assofermet, an association representing Italian companies in the trade, distribution and processing of steel and…
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Parcisa will use low carbon Outokumpu stainless steel in the production of tankersSpanish transport and distribution tank manufacturer Parcisa has announced an agreement with Finnish stainless steel manufacturer Outokumpu to produce tanks using Circle Green®, the stainless steel with the lowest carbon footprint in the world.The partnership makes Parcisa the first company in its…
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The production of base metals in Turkey in August 2025 increased by 2.5 percent compared to JulyAccording to data published by the Turkish Statistical Institute (TUIK), in August of this year, Turkey's seasonally adjusted monthly industrial production increased by 0.4 percent compared to the previous month, and the calendar-adjusted index increased by 7.1 percent compared to August 2024.In…
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In January-August 2025, imports of billets to Turkey increased by 58.1 percent.According to preliminary data provided by the Turkish Statistical Institute (TUIK), in August of this year, the import of blanks and blums to Turkey amounted to 378,190 metric tons, which is 16.5 percent less than in July and 38.6 percent more year-on-year. Meanwhile, the revenue generated from…
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The new EU guarantee system is gaining the support of manufacturers, but is facing a negative reaction from users.On October 7, the European Commission announced the long-awaited replacement of the current protective system for the European steel industry, in which duty-free tariff quotas are reduced by using 2013 levels as a guideline, and tariffs, after exhausting their capabilities, are increased to 50…
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Tata Steel forecasts steel production in India to grow by 7% in the second quarter of fiscal 2025-26Tata Steel limited achieved Indian steel production of 5.67 million tonnes in the second quarter (July-September) of fiscal 2025-26, up seven percent year-on-year, the company said in a regulatory filing on Thursday, October 9.The company said normalization contributed to the increase in production…
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US Steel sued Algoma Steel over a dispute over the supply of pelletsThe US Steel Corporation has filed a lawsuit against the Canadian steel company Algoma Steel Group Inc. in the US District Court for the Western District of Pennsylvania, alleging a violation of a multi-year agreement on the supply of iron ore pellets and seeking to recover more than $22 million in…
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Sales of heavy trucks in China grew by 20 percent in January-September 2025In September this year, sales of heavy-duty trucks (including chassis and tractors) in China totaled 105,000 units, up 15.0 percent month-on-month, up 82.0 percent year-on-year, according to preliminary data released by cvworld.cn, a Chinese automotive information service provider. industry.Between…
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Accelerating new trade negotiations between Canada and the United StatesCanada and the United States have agreed to begin rapid negotiations on new trade deals covering steel, aluminum and energy following a meeting between Canadian Prime Minister Mark Carney and US President Donald Trump at the White House.Dominique Leblanc, the Canadian minister responsible for trade…
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Average new housing prices in 100 Chinese cities rose 2.68% in September 2025In September this year, the average prices of new homes in China's 100 major cities were 16,926 yuan/square meter ($2,384/sq.m.), up 0.09 percent month-on-month, while increasing 2.68 percent year-on-year, as announced by the CIA, the largest independent real estate research organization in…
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