Metallurgy news
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Ibokin and Mitsui collaborate to increase scrap supply for steel decarbonization Japanese company Ibokin Co., Ltd. announced the signing of a memorandum of understanding with Mitsui & Co., Ltd. to create a stable and scalable scrap supply system that supports the steel industry's transition to low-carbon production.The growing importance of recycled raw materialsThe...
24.04.2026 14:00
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New car registrations in the EU increased by 4% in January-March 2026 In March this year, registrations of new passenger cars in the EU increased by 12.5 percent year-on-year to 1.16 million units, according to the European Automobile Manufacturers Association ACEA.In this month, Germany (+16.0%), France (+12.9%), Spain (+11.7%) and Italy (+7.6%) reported positive...
24.04.2026 14:00
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US rebar imports rose 2.2 percent in February 2026 compared to January U.S. imports of rebar totaled 104,268 tons in February of this year, up 2.2 percent month-on-month and up 126.0 percent year-over-year, according to preliminary U.S. Commerce Department census data. In value terms, rebar imports were $56.65 million in February this year, up from $56.86 million in...
24.04.2026 13:00
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Shandong Steel returns to net profit in 2025 amid cost management and mergers and acquisitions The Chinese steel company Shandong Iron and Steel Company Ltd announced that in 2025 it recorded operating revenue of 67.253 billion yuan ($9.8 billion), which is 12.11% less than in the previous year, and net profit of 106 million yuan ($15.5 million) for this period. year, moving from loss to...
24.04.2026 13:00
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Imports of steel bars to Georgia from Turkey increased in the first quarter of 2026 In January-March this year, Georgia's total foreign trade turnover with Turkey, which is the country's leading trading partner, amounted to $802.1 million, including imports worth $657.32 million, up 9.2%, and exports worth $144.81 million, up 90.5% year-on-year, according to preliminary data...
24.04.2026 12:00
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OCTG exports to the United States decreased by 13.2 percent in February 2026 compared to January According to export data from the U.S. Department of Commerce, exports of pipe products from the petroleum countries (OCTG) to the United States totaled 11,920 tons in February this year, which is 13.2 percent less than in January and 38.8 percent less than in February 2025. In value terms, OCTG...
24.04.2026 12:00
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Global crude steel production fell 4.2 percent in March 2026 Global crude steel production fell 4.2 percent year-on-year to 159.9 million tons in March this year, according to the World Steel Association.Global crude steel production fell 2.3 percent year-on-year to 459.2 million tons between January and March this year.In March, steel production in Asia was...
24.04.2026 11:00
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SSAB supplies high-strength steel for Kruunuvuori Bridge in Helsinki Swedish steel company SSAB has announced the supply of over 3,000 tons of high-strength structural steel for the Kruunuvuori Bridge in Helsinki, one of the largest bridge projects ever implemented in Finland.The bridge structures are mainly built using high-strength SSAB Domex® steel, especially ...
24.04.2026 11:00
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Daily steel production at CISA plants rose 4.4% in mid-April 2026, and inventories also rose The China Iron and Steel Association (CISA) announced that in mid-April (April 11-20) this year, the average daily production of crude steel by large and medium-sized steel mills in China - all CISA members - was 2.111 million tons, up 0.4 percent from early April (April 1-10) this year.In early...
24.04.2026 10:00
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NBS: Rebar prices in China rose 0.3 percent in mid-April 2026 In mid-April (April 11-20) of this year, the average price in China for HRB 400E 20 mm rebar increased by RMB 8.7/mt ($1.3/mt) or 0.3 percent to RMB 3190.3/mt ($465/mt), compared with the price in early April (April 1-10) as announced by the National Bureau of Statistics of China.During this...
24.04.2026 10:00
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