Metallurgy news
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Turkey's base metals capacity utilization increased in June 2026 compared to MayAccording to preliminary data released by the Central Bank of Turkey, the capacity utilization rate of Turkey's basic metals manufacturing industry was 76.3 percent in June this year, compared with 76.1 percent recorded in the previous month, while the capacity utilization rate of Turkey's base…
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Indonesia exports first batch of high-cost structural steel to CanadaIndonesia has exported $216,000 worth of high-value structural steel products to Canada, according to media reports, marking a new milestone for the country's steel industry and its efforts to expand exports of value-added products.The products were manufactured by PT Gunung Raja Paksi Tbk, one of…
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The EU's "melt and pour" requirement will come into force in October 2026.The European Parliament and the Council of the European Union have set deadlines for the implementation of a new framework to address the negative trade-related effects of global excess steel production in the EU market. The decree will replace the existing steel protection measures, which expire…
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Taiwan's base metals export orders increased by 3.7 percent in January-May 2026According to statistics released by Taiwan's Ministry of Economy, Taiwan's export orders for base metals and products made from them totaled $2.16 billion in May this year, an increase of 9.6 percent compared to May 2025 and 4.0 percent compared to the previous month. In April, Taiwan's export…
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Global DRI production fell 17.5% in May 2026According to data released by the World Steel Association (worldsteel), global production of direct reduced iron (DRI) in 12 countries, accounting for approximately 85 percent of total global DRI production in 2025, was 9.75 million metric tons in May this year, up 9.8 percent month-on-month but…
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Fortescue charters ammonia-capable vessels to support decarbonization at seaThe Australian iron ore producer Fortescue Metals Group has announced the signing of an agreement with the Belgian shipping company CMB.TECH to charter up to 12 dry cargo ships capable of transporting ammonia.The initiative aims to support the decarbonization of marine transport while helping to…
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Primetals launches new production line in Hoa PhatThe British company Primetals Technologies has announced the successful launch of a new integrated production line at the steel mill of the Vietnamese steel manufacturer Hoa Phat Dung Quat Steel JSC (Hoa Phat) in Dung Kuat.The project, which includes two slab rollers, a hot strip mill, advanced…
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CLEPA calls on the EU to address the challenges of CBAM implementation before expanding the scope of applicationThe European Association of Automotive Parts Suppliers (ESAOP) has called on the European Commission to address the challenges of implementing the Carbon Boundary Adjustment Mechanism (CBAM) before extending the system to additional processed products, especially products containing steel and…
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Australia launches new investigation into AD duty on galvanized steel from South Korea and VietnamThe Australian Anti-Dumping Commission has announced that it has opened another anti-dumping investigation into imports of galvanized (galvanized) steel from South Korea and Vietnam following the withdrawal of local steel manufacturer BlueScope Steel from a previous investigation to correct company…
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Tenaris invests over $90 million in facilities in PennsylvaniaGlobal steel pipe manufacturer Tenaris has announced that it will invest more than $90 million in its Koppel steel mill and Ambridge seamless pipe plant in Pennsylvania in line with its strategy to improve production efficiency, modernize operations and strengthen its supply position for oil and…
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