Metallurgy news
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Scrap metal imports to Pakistan increased by 24.2 percent in June 2026 compared to MayPakistan's scrap metal imports totaled 323,896 tons in June this year, up 24.2 percent from May and 64.9 percent year-on-year, according to data released by the Federal Bureau of Statistics of Pakistan (PFBS). The value of these imports in this month was $199.34 million, an increase of 46.9 percent…
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Several EU steel quotas are close to being exhausted within the first 15 days of the new quotas periodIn the first 15 days of the new EU quota period from July 1 to September 30, some import quotas for some steel products allocated to China and "other countries" were exceeded, while, according to the European Commission, more than 70 percent of the quotas for some steel products were used up.In…
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Feralpi completes investment cycle amid improved production and profits, but European steel industry remains under pressureItalian steel producer Feralpi Group has increased production, revenue and profitability in 2025, completing a three-year investment program worth more than 500 million euros, enabling the company to capitalize on future market opportunities despite challenging prospects for the European steel…
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BHP has approved a US$900 million iron ore mining project as production in the 2025-2026 fiscal year reached a record highAustralian mining company BHP has approved a US$900 million investment on a 100% basis in the development of the Brockman high grade iron ore deposit in Western Australia, meeting the company's medium-term Western Australian iron ore production target of over 305 million tonnes per annum.The…
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Industrial production in the eurozone in May 2026 decreased by 0.2 percent compared to AprilIn May of this year, seasonally adjusted industrial production decreased by 0.2 percent in the eurozone and by 0.1 percent in the EU-27 compared with April.Industrial production rose 0.3 percent in the euro area and 0.2 percent in the EU in April. In May of this year, compared with May 2025…
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MRS approves new 15-year iron Ore transportation agreement with ValeMs. Logística S.A. announced that its extraordinary general meeting approved the signing of a new 15-year rail freight agreement with Brazilian mining company Vale, a member of Ms.'s controlling shareholder group. The contract covers the transportation of iron ore, pellets and iron ore derivatives…
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Base metal turnover in Turkey decreased by 2.4 percent in May 2026 compared to AprilAccording to data released by the Turkish Statistical Institute (TUIK), in May this year, Turkey's monthly industrial turnover index increased by 0.2 percent compared to the previous month, while the calendar-adjusted index increased by 37.1 percent compared to May 2025.In this month, the index of…
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Coking coal imports to Turkey increased by 1.2 percent in January-May 2026In May of this year, imports of coking coal to Turkey totaled 480,437 metric tons, an increase of 31.7 percent compared to April and 9.1 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, revenue from these imports amounted to…
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The forecast for steel demand in Japan in July-September 2026 signals a decrease of 3.1 percent.According to the Ministry of Economy, Trade and Industry of Japan (METI), Japan's demand for crude steel in the July-September 2026 fiscal year quarter is expected to reach 20.18 million tons, an increase of 1.3 percent year-on-year, but a decrease of 2.1 percent compared to the estimated result of…
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Industrial output in China's steel sector rose 2.1 percent in the first half of the yearIn January-June this year, the value-added industrial output of the ferrous metal smelting and rolling sector in China increased by 2.1 percent year on year, as announced by China's National Bureau of Statistics (NBS) on June 16.In the first six months, China's total industrial output increased by…
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