Metallurgy news
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Average freight rates rose 11.5 percent in April for Brazilian finished steel importsThe average freight rate for Brazilian steel imports was $58 per metric ton (mt) in April, compared with an average of $52 per ton in March, an increase of 11.54 percent, according to data provided by Siscomex, Brazil's central foreign trade system.By product, April freight rates were as…
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US releases preliminary AD results and deviations for some welded pipes from TurkeyThe U.S. Department of Commerce (DOC) has released preliminary results of its administrative review of anti-dumping duty (AD) order AD on large diameter welded pipe from the Republic of Turkey for the review period (POR) from May 1, 2024 to April 30, 2025.The Department of Commerce has tentatively…
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Nucor opens valve manufacturing plant in Lexington, North CarolinaU.S. corporation Nucor has officially opened its Lexington valve microplant in Lexington, North Carolina, bringing into operation 430,000 tons of annual valve production capacity to serve construction and infrastructure projects on the US east coast, according to media reports.The plant, which…
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The gross profit of Chinese metallurgical enterprises in January-April 2026 amounted to 7.58 billion yuan.In January-April of this year, the ferrous metals smelting and rolling sector in China recorded a gross profit of 7.58 billion yuan (1.1 billion US dollars), which is 51.5 percent less than last year, as announced by the National Bureau of Statistics of China (NBS) on May 27.The automotive sector…
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Indian company MAN Industries limited acquires National Pipe Company limited in Saudi ArabiaIndia's MAN Industries limited, a major manufacturer of large diameter carbon steel pipeline pipes, has acquired a 100 percent stake in National Pipe Company limited in the Kingdom of Saudi Arabia through its wholly owned subsidiary MAN International Steel Industries Company, according to a company…
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The volume of construction in the eurozone in March 2026 increased by 0.8 percent compared to FebruaryAccording to the first estimates published by Eurostat, the Statistical Office of the European Union, in March of this year, seasonally adjusted production in the construction sector in the member states of the European Union (EU-27) increased by 1.2 percent compared to February of this year and…
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SSAB supplies decarbonized steel for the Vattenfall solar power project in GermanySwedish steelmaker SSAB announced that it has supplied decarbonized steel to a solar power project being developed in Germany by Swedish energy company Vattenfall, highlighting growing demand for low-emission steel products in renewable energy infrastructure.SSAB Zero™ will be used in the…
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The auction of Liberty Galati assets will resume in June after court approval.The auction of assets of the only Romanian manufacturer of flat rolled products, Liberty Galati, is scheduled to resume in June after court approval in Romania, according to media reports.The auction will take place on June 19, 2026, and the sale process reportedly includes the Galati steel mill…
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US and Iran close to agreement to reopen Strait of Hormuz during proposed ceasefire extensionThe United States and Iran are reportedly close to reaching an interim agreement that could reopen the Strait of Hormuz during a proposed 60-day ceasefire extension.The discussions come amid ongoing tensions in the Middle East and growing concerns about disruption to global energy markets caused by…
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Ukraine launches AD-sensing in coated steel from four countriesUkraine has initiated an anti-dumping investigation into imports of rolled carbon steel with a coating from Turkey, Vietnam, South Korea and India after reviewing the relevant complaint, as well as the report and conclusions of the Ministry of Economy on the results of anti-dumping production…
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