Metallurgy news

• Finished steel exports from China increased by 7.5% in 2025 According to the latest data released by the General Administration of Customs of China (GACC), China's finished steel exports totaled 11.301 million tons last December, an increase of 13.2% month-on-month and an increase of 16.1% year-on-year.In December 2025, China's finished steel imports... 14.01.2026  10:00

• NBS: Rebar prices in China increased by 0.2 percent in early January 2025 In early January (January 1-10) of this year, the average price in China for HRB 400E 20 mm rebar increased by 7 yuan/ton ($1/ton) or 0.2 percent to 3191.6 yuan/ton ($455/ton) compared with the price at the end of December (December 21-31), as announced by the National Bureau of Statistics of... 14.01.2026  10:00

• Lingyuan Steel expects a net loss of 1.45-1.67 billion yuan in 2025 The Chinese steel company Ansteel Group Lingyuan Iron and Steel Co., Ltd. (Lingyuan Steel) from Liaoning Province announced that its net loss is expected to reach 1.45-1.67 billion yuan (0.21-0.24 billion U.S. dollars) in 2025, down from a net loss of 1.678 billion yuan in 2024.The company said its... 14.01.2026  09:00

• U.S. Rig Count Declines, Canadian Rig Count Increases - First Week of 2026. Baker Hughes reported that for the week ended January 9, 2026, the number of U.S. rotary drilling rigs fell by 2 to 544.The number of gas drilling rigs decreased by 1 to 124 and the number of oil drilling rigs decreased by 1 to 420. The total number of U.S. drilling rigs decreased by 40 rigs year... 14.01.2026  05:00

• U. S. crude steel production rose 2.8 percent in the first week of 2026 According to the American Institute of Iron and Steel (AISI), for the week ending January 10, 2026, domestic production of raw steel in the United States amounted to 1,752 million net tons, and the capacity utilization rate was 75.7 percent.Production for the week ending January 10, 2026 increased... 14.01.2026  05:00

• The price of silver has broken a historical record, exceeding $86 per ounce. Silver prices have updated historical highs amid increased demand for defensive assets and expectations of monetary policy easing in the United States. According to Reuters, the spot price of silver rose to a record $86.22 per troy ounce on January 12.At the same time, silver futures on the US... 14.01.2026  01:00

• Car production in Argentina fell sharply in December According to industry association ADEFA, Argentina produced 26,460 units (passenger cars and light commercial vehicles) in December, up from 37,961 units in November.Exports fell 36.3 percent to 19,908 units, while domestic sales rose 45.7 percent to 51,355 units.Versus December In 2024, production... 13.01.2026  18:00

• Turkish company Kocaer Çelik announces record production and sales volumes in 2025 According to a statement by the Turkish steel company Kocaer Çelik Sanayi ve Ticaret A.Ş. According to the Turkish Public Disclosure Platform (KAP), the company achieved the highest level of production and sales in its history in 2025.According to Kocaer Çelik, based on the production carried out at... 13.01.2026  16:00

• Thyssenkrupp Materials Services will supply substandard steel to Stegra Swedish company Stegra has announced the signing of a multi-year supply agreement with Thyssenkrupp Materials Services, a subsidiary of German steel manufacturer Thyssenkrupp, under which the latter will supply non-standard steel products to support Stegra distribution networks throughout Europe.As... 13.01.2026  16:00

• Goldman Sachs predicts continued low profitability for Chinese steel companies According to a Bloomberg report, American investment banking company Goldman Sachs Group Inc. expects Chinese steelmakers to endure a prolonged period of weak profitability amid slower-than-expected progress in capacity cuts and persistently strong export volumes.The bank cut its earnings forecasts... 13.01.2026  15:00