Metallurgy news

• Fortescue: Iron ore Diesel fuel costs rise as Iran war disrupts supplies Fortescue, an Australian iron ore mining company Metals Group has warned that rising diesel fuel prices linked to the conflict in Iran could add billions of dollars to production costs, as well as lead to severe disruptions in fuel supply routes, according to a Reuters report.Supply disruptions ... 23.03.2026  17:00

• Turkey's IDC reports net loss decline and revenue rise in 2025 Turkish manufacturer of fittings İzmir Demir Çelik Sanayi A.Ş. (IDC) announced financial and operating results for 2025.The company recorded a net loss of 1.63 billion Turkish liras ($36.77 million) in the year, compared with a net loss of 3.47 billion Turkish liras in 2024, while its sales revenue ... 23.03.2026  16:00

• Exports of rolled plates to the United States increased by 65.3 percent in January 2026 compared to December According to the export data of the US Department of Commerce, the export of rolled plates to the United States in January this year amounted to 38,747 tons, which is 65.3 percent more month-on-month and 7.6 percent more year-on-year. In value terms, exports of rolled plates totaled $42.95 million... 23.03.2026  16:00

• South Africa supplies structural steel from China and Thailand with tariffs AD South Africa has officially strengthened its trade protections by imposing final anti-dumping duties on structural steel imports from China and Thailand.The move is aimed at stabilizing the domestic steel sector after a period of intense pressure from low-cost foreign products, according to South... 23.03.2026  15:00

• Russian MMK cuts production, investments and jobs amid crisis in local steel industry Magnitogorsk Iron and Steel Works, one of the key representatives of the metallurgical industry and the largest producer of rolled products in Russia, recently announced a significant reduction in production volumes, as well as the layoff of workers. The general crisis in the Russian metallurgical... 23.03.2026  15:00

• US CRC imports increased 60.6 percent in January 2026 compared to December According to preliminary census data from the U.S. Department of Commerce, U.S. cold-rolled coil imports totaled 67,531 tons in January this year, up 60.6 percent month-on-month and down 53.0 percent year-on-year. In value terms, CRC imports were $59.27 million in January this year, compared to... 23.03.2026  14:00

• Imports of steel bars to Georgia from Turkey continue to grow in January-February 2026 In January-February of this year, Georgia's total foreign trade turnover with Turkey, which is the country's leading trading partner, amounted to $499.5 million, including imports worth $415.64 million, up 18.9%, and exports worth $83.89 million, up 80.9% year-on-year, according to preliminary... 23.03.2026  14:00

• Foreign sales prices of Turkish metal producers rose 2.91 percent in February 2026 compared to January According to data published by the Turkish Statistical Institute (TUIK), in February 2026, the Turkish Producer Foreign Sales Price Index (PPI)* increased by 2.38 percent overall compared to January and by 35.55 percent year-on-year, while an average increase of 28.90 percent was recorded over the... 23.03.2026  13:00

• USA issues preliminary results of AD order for rectangular pipe with heavy walls from South Korea The U.S. Department of Commerce (DOC) has released the preliminary results of an administrative review of the anti-dumping duty ordinance on rectangular-shaped carbon steel pipes and tubes from South Korea for the review period from September 1, 2023 to August 31, 2024.The DOC has previously... 23.03.2026  13:00

• Nippon Steel has raised $5.6 billion in financing to repay the US Steel Bridge loan. Japanese steel company Nippon Steel Corporation announced that it has received about 900 billion yen ($5.64 billion) in financing under a co-financing agreement led by the Japan Bank for International Cooperation (JBIC) along with major Japanese lenders.The funds will be used to repay an interim... 23.03.2026  11:00