Metallurgy news
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Chongqing Steel made a net loss of 178.9 million yuan in the first half of 2026.Chinese Steel Company Chongqing Iron & Chongqing-based Steel Company Ltd reported a net loss of 178.9 million yuan ($26.4 million) in the first half of this year. A year earlier, for the same period, the loss was 131 million yuan ($19.2 million). The financial result was affected by lower prices…
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Centravis has received two orders for the supply of stainless steel pipes for the Motor Oil Hellas refineryCentravis, a Ukrainian manufacturer of seamless stainless steel pipes, has received two orders totaling 50 tons for the Motor Oil Hellas refinery in Greece, the company said in a statement published in local media..Centravis products will be used directly at the refinery. The Greek customer placed…
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Usiminas reduces iron ore production in Brazil due to rising shipping costsMineração Usiminas (Musa), the mining arm of Brazilian steel producer Usiminas, announced that it is suspending operations at its Samambaia mine in Itatiayus, Minas Gerais, indefinitely due to rising transportation costs caused by the ongoing war in the Middle East.The Samambaia mine provided 30…
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The United States has released the final results of an anti-dumping investigation into some rectangular pipes and tubes from Mexico.The U.S. Department of Commerce (DOC) has released the final results of the administrative review of the anti-dumping Duty (AD) on the AD order for thick-walled rectangular welded carbon steel pipes from Mexico for the review period (POR) from September 1, 2023 to August 31, 2024.During the audit…
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The number of drilling rigs in the United States has not changed, in Canada it decreased in the 36th week of 2026Baker Hughes reported that for the week ending September 4, 2026, the number of drilling rigs in the United States remained unchanged at 588 rigs compared to the previous week.The number of drilling rigs producing gas decreased by two to 130, while the number of drilling rigs the number of drilling…
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Imports of pig iron and steel to Canada increased by 1.6% in July 2026%According to Statistics Canada, imports of pig iron and steel into the country in July 2026 amounted to 1.37 million tons, which is 1.6% more than last year. In value terms, imports of pig iron and steel in July 2026 amounted to $783.37 million, compared with $915.27 million in the same month last…
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In Argentina, car production in August increased by 26.2% compared with JulyIn July, 39,381 passenger cars and light commercial vehicles were produced in Argentina, compared with 31,198 units in July, an increase of 26.2%, the Argentine Automobile manufacturers Association ADEFA said in a press release.During the same period, ADEFA reported that export sales increased by…
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In Italy, crude steel production decreased in July, for the first time since December 2025According to the latest data released by the Italian Federation of Steel Companies Federacciai, Italian steel production totaled about 1.7 million metric tons in July this year, down 1.8% from July 2025 and the first year-on-year decline since December last year. Between January and July 2026…
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Exports of pig iron and steel from Colombia decreased by 26.8% in January—July 2026%From January to July of this year, Colombia exported 46,554 tons of ferronickel, which is 42.4% less than a year earlier. In value terms, shipments totaled $156.44 million, a decrease of 41.9%, according to data from the National Administrative Department of Statistics of Colombia (DANE). In July…
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Producer prices in the eurozone industry increased by 1.6% in July 2026 compared with JuneIn July of this year, industrial producer prices increased by 1.6 percent in the euro area and by 1.4 percent in the 27 EU countries compared to June.Industrial producer prices decreased by 0.3 percent in the euro area and 0.2 percent in the EU in June. In July of this year, compared with July…
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