Metallurgy news
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BIR: Global scrap metal market remains volatile as Turkish demand weakensAccording to the latest publication published by the Ferrous Metallurgy Division of the Bureau of International Refining (BIR), the global scrap market continued to experience unstable conditions throughout 2026. Turkey, the world's largest scrap import market, followed a period of active purchases…
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Ukrainian Kametstal has begun a major overhaul of BF No. 1MUkrainian iron and steel works Kametstal, a subsidiary of Ukrainian mining and metals group Metinvest, announced the launch of its largest maintenance project in 2026, closing blast furnace No. 1M for a second category overhaul. The furnace has an annual production capacity of 1.53 million tons.The…
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The European Commission begins consultations on the rules of trade in CBAM certificatesThe European Commission has begun public consultations on a draft implementing regulation in accordance with Regulation (EU) 2023/956, which sets out detailed rules governing the sale and purchase of Carbon Boundary Adjustment Mechanism (CBAM) certificates, the operation of a common central…
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The number of drilling rigs in the USA increases, in Canada it decreases - Week 28 of 2026.Baker Hughes reported that for the week ended July 10, 2026, the number of U.S. rotary drilling rigs increased by one rig week over the week to 581.The number of gas production rigs remained unchanged at 126, while the number of oil production rigs also remained unchanged at 445. The total number…
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The US has published the final results of CVD testing of seamless pipes from South Korea and RussiaThe U.S. Department of Commerce (DOC) released the final results of its expedited first review of countervailing duty (CVD) orders on carbon and alloy steel seamless standard, linear, and pressure pipe (seamless pipe) from South Korea and Russia, determining that withdrawal of orders would likely…
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Stegra calls on EU to maintain strong ETS ahead of revisionSwedish clean steel producer Stegra has called on the European Union to maintain its current climate policy framework, arguing that the EU Emissions Trading System (EU ETS) has played a key role in securing the investment that is currently transforming the European steel industry.Steel producers…
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BIR: CBAM and safety measures strengthen the stainless steel market in the EU, despite lower scrap pricesAccording to the latest report published by the BIR Committee on Stainless Steel and Special Alloys, the EU Carbon Boundary Regulation Mechanism (CBAM) and steel safeguards have made a significant contribution to protecting the European market from global overcapacity and unfair competition. It is…
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Brazil's auto production falls in June, but 2026 could still be the strongest year in 12 yearsWith the end of the first half of the year and taking into account better-than-expected auto sales in the domestic market, the Brazilian association of automobile manufacturers ANFAVEA has revised upward the forecasts published in January. Brazil is now expected to surpass 3 million registered…
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Brazilian pig iron exports rose in June amid increased shipments to the United States and South AmericaBrazilian pig iron exports reached 301,600 metric tons (t) in June against 280,200 tons in May, according to the SECEX Foreign Trade secretariat of the Ministry of Development, Industry and Foreign Trade.The increase reflects an increase in exports to the United States and South America.The…
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Salzgitter completes acquisition of HKM and aims to cut emissions by 90% in DuisburgGerman steel company Salzgitter AG has announced that Hüttenwerke Krupp Mannesmann (HKM) will become a 100% subsidiary following the decision of its co-shareholders, Thyssenkrupp Steel Europe and Vallourec, to exit the joint venture.Steel production will continue at the Duisburg site, with…
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