Metallurgy news
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Imports of linear pipes to the United States in June 2026 increased by 35.1% compared to MayAccording to the final census data conducted by the US Department of Commerce, imports of linear pipes to the United States in June this year amounted to 55,896 tons, which is 35.1% more than in May and 1.6% less year-on-year. In value terms, imports of linear pipes in June this year amounted to…
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HRC exports from Brazil decreased by 72% in July, while imports increased by 223% amid concerns of anti-dumping measures.Brazil exported 5,900 metric tons of hot rolled coils (HRC) in July and imported 52,300 tons, up from 21,100 tons exported in June and 16,200 tons imported in June.Analysts note that the sharp changes compared to the previous month reflect expectations that anti-dumping duties may be imposed on…
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Kyrgyzstan extended the ban on the export of ferrous scrap for another six monthsAccording to local media reports, the Kyrgyz government has extended a temporary ban on the export of ferrous scrap and waste, as well as scrap ingots for smelting ferrous metals, for another six months.The resolution will enter into force 10 days after its official publication, while the export…
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Tata Steel in the UK reduces capacity utilization in Llanwern amid rising imports of galvanized steelThe Tata Steel UK plant in Llanwern, South Wales, is reportedly operating at about half its capacity amid increased competition from steel imports at lower prices following a change in duty-free steel import quotas in the UK, according to a company announcement published by The Guardian.The…
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UK extends anti-dumping duties on welded pipes from China and BelarusThe UK government has extended the current anti-dumping duties on some welded pipes manufactured in China and Belarus for another five years after an expiration check conducted by the Office for the Protection of Trade Rights.Accordingly, imports from China will continue to be subject to…
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In August 2026, the capacity utilization for the production of base metals in Turkey will increase compared to JulyIn August of this year, the capacity utilization rate of the Turkish base metals industry was 75.8 percent, compared with the 75.7 percent recorded in the previous month, while the capacity utilization rate of the Turkish base metals industry was 73.7 percent in August 2025, according to…
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Demir Celik reported revenue growth in the first half of 2026 with a decrease in net profitIzmir steel manufacturer Kardemir Çelik Sanayi A.Ş. announced its financial results for the first half of the year.During the specified period, the company's net profit decreased by 52% year-on-year to 410.4 million Turkish liras ($8.5 million), while sales revenue increased by 26.3% year-on-year…
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Swiss Steel sells Brazilian subsidiary amid weak demand[[Brazilian steel distributor Aços F. Sacchelli Ltd. the company announced the signing of an agreement to acquire 100% of the shares of Swiss Steel do Brasil Industria and Comércio de Aços Ltda. (Swiss Steel Brazil), a subsidiary of Swiss steel manufacturer Swiss Steel Group.Completion of the…
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Baotou Steel Union made a net profit of 279 million yuan in the first half of 2026Chinese steel company Baotou Steel Union Co., Ltd, based in Inner Mongolia. Baotou Steel Union announced that its net profit for the period from January to June of this year was 279 million yuan ($41.2 million), an increase of 84.61% year-on-year.During the specified period, Baotou Steel Union…
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Shagang's net profit in the first half of the year decreased by 11.89% to 137.0 million yuan.Shagang Co., Ltd., based in Jiangsu Province. Shagang announced that its net profit for the period from January to June of this year amounted to 137.0 million yuan ($20.2 million), which is 11.89% less compared to the same period last year.In the reporting quarter, Shagang's operating revenue…
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