Metallurgy news
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Tubacex posts €6.2 million Q3 loss as Middle East disruptions hit earningsSpanish seamless stainless steel pipe maker Tubacex reported a net loss of €6.2 million in the third quarter of 2026, compared with a profit of €1.1 million a year earlier. Revenue fell 7.6% to €152 million. Quarterly EBITDA declined 31.8% to €16.2 million, while the EBITDA margin fell to 10.6%…
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Turkish basic metal prices rise 1.85% in OctoberDomestic producer prices in Turkey’s basic metal industry rose 1.85% in October 2026 from September and 28.96% year on year, according to data released by the Turkish Statistical Institute (TurkStat).The average increase over the past 12 months was 25.67%. In the manufacture of metal products…
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Hoa Phat ships first galvanized steel coils to JapanVietnamese conglomerate Hoa Phat Group said on November 2 that it had made its first shipment of galvanized steel coils to Japan. Around 8,000 mt were shipped in the fourth quarter of 2026. The steel meets Japan’s JIS G 3302 standard, including requirements for dimensions, a spangle-free surface…
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Japan’s industrial production rises 2.2% in SeptemberJapan’s seasonally adjusted industrial production index rose 2.2% in September 2026 from August. The unadjusted index was up 1.9% year on year, according to preliminary data from the Ministry of Economy, Trade and Industry (METI).In the steel industry, the seasonally adjusted production index fell…
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Egypt urges stronger cooperation across Arab steel industryAt the 19th Arab Steel Summit and International Iron and Steel Exhibition in Cairo, Egyptian Prime Minister Mostafa Madbouly and Industry Minister Khaled Hashem called for closer regional cooperation, more investment and stronger competitiveness in the sector. The event is taking place on November…
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Qarmet plans to commission Temirtau long steel mill by end of 2026Kazakhstan’s steelmaker Qarmet plans to commission a new long steel rolling complex in Temirtau by the end of 2026. The Kazakh presidential press service reported the plan after President Kassym-Jomart Tokayev visited the site on November 2. The complex will have annual capacity of more than…
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Australia proposes zero dumping margin for Master SteelThe Australian Trade Remedies Commission (ATRC) has recommended a zero dumping margin for Indonesian rebar producer PT The Master Steel Manufactory (Master Steel). The proposal follows a review of anti-dumping measures on the company’s imports and still requires government approval.In its final…
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Deacero casts first billet at new minimill in MexicoMexican steelmaker Deacero has cast the first billet at its new minimill in Ramos Arizpe. Italian equipment supplier Danieli, which provided the plant, announced the commissioning milestone on November 2. The caster is currently being supplied with steel from the existing electric arc furnace at…
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Hebei steel sector PMI falls to 43.7% in OctoberThe purchasing managers’ index (PMI) for the steel sector in China’s Hebei Province fell to 43.7% in October 2026, down 4.3 percentage points from the previous month. The index remained below the 50% mark that separates contraction from growth, the Hebei Province Metallurgical Industry Association…
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Kocaer Çelik receives $68.3 million in steel section ordersTurkey-based Kocaer Çelik received steel section orders worth a total of $68.3 million (approximately TRY 3.4 billion) in October. Most of the orders are for export, with the remainder for the domestic market.The company said the orders totaled exactly $68,302,679, equivalent to 12.1% of its…
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