Metallurgy news
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Argentina has allocated a $900 million loan for the construction of an LNG pipelineThe San Matías Pipeline consortium has reportedly received a $900 million loan for the construction of a 472-kilometer pipeline that will connect the Vaca Muerta shale formation in southern Argentina with the coast of Rio Negro province.The diameter of the pipeline will be 36 inches. Its…
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Canadian iron ore production decreased by 3.8% in June%According to Statistics Canada, 4,981,461 million tons of iron ore concentrates were produced in Canada in June 2026, which is 3.8% less than in May 2026 and 6% more than in June 2025.Canadian iron ore producers shipped 2,884,491 million tons of iron ore concentrates in June, which is 16.7% less…
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In the 35th week of 2026, the number of drilling rigs in the United States has not changed, while in Canada it has decreasedBaker Hughes reported that for the week ending August 28, 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 increased by five to 132, while the number of drilling rigs the number of drilling…
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IEEFA: Direct electrolysis of iron may be the key to producing environmentally friendly cast ironAccording to a new information note from the Institute for Energy Economics and Financial Analysis (IEEFA), direct electrolysis of iron may occupy a niche in small-scale production of environmentally friendly iron, especially in regions with large amounts of renewable electricity and reserves of…
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Demir Celik plans to increase sales revenue to $1.3 billion by 2034Izmir steel manufacturer Kardemir Çelik Sanayi A.Ş. He announced that he expects sales revenue and EBITDA to grow in the coming years.The company's sales revenue is projected to increase from approximately $555.64 million in 2026 to approximately $1.3 billion in 2034, while EBITDA is expected to…
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EUROMETAL warns: gaps in legislation endanger steel production in the EUEUROMETAL warned that gaps in legislation put European steel producers at a disadvantage compared to suppliers from non-EU countries. While imported steel is subject to trade measures and carbon-related costs, finished products manufactured outside the EU are not always subject to the same…
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The EU introduces requirements for the confirmation of declarations on melting and casting of steelThe European Commission has adopted the Implementation Regulation (EU) 2026/1963, which establishes the documentary evidence that importers will have to provide to confirm the country from which steel products entering the EU are smelted and bottled. The implementation regulation, which was…
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TCUD: In Turkey, crude steel production and exports increased in January—July 2026, while imports decreasedAccording to the Turkish Steel Producers Association (TCUD), in July this year, steel production in Turkey increased by seven percent year-on-year to 3.4 million tons, while in the first seven months, steel production in the country increased by 7.9 percent to 23.18 million tons. In the period from…
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Voestalpine promotes the construction of a new electric exchange plant in DonavicaThe Austrian steel company voestalpine has announced the completion of its new electric arc furnace production facility at the Donavice plant, where the key components of two furnaces, EAF 1 and EAF 2, have already been installed.According to the company, the lower part and the upper containers of…
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Japan's steel exports decreased by 6.7% in January—July 2026%According to customs statistics released by the Japan Federation of Ferrous Metallurgy (JISF), in July this year, Japanese exports of pig iron and steel totaled 2.49 million metric tons, down 2.8 percent month-on-month and 5.3 percent year-on-year.In the period from January to July of this year…
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