Metallurgy news

• China's stainless steel exports to decrease by 0.26 percent in 2025 According to the Chinese customs authorities, in 2025, the import and export of stainless steel to China amounted to 1.5192 million tons and 5.0311 million tons, which increased by 19.09 percent and 0.26 percent year-on-year, respectively.In December alone, China's stainless steel imports and... 27.01.2026  09:00

• Algoma Steel and Hanwha Ocean sign Memorandum of Understanding to support future Canadian submarine project January 26, 2026 Canadian company Algoma Steel Group Inc. entered into a binding memorandum of understanding (MOU) with Hanwha Ocean Co., Ltd.Both companies have agreed to enter into a long-term strategic agreement with a potential value of US$250 million (approx. C$345 million) under this... 27.01.2026  06:00

• The number of drilling rigs in the US and Canada will increase - third week of 2026. Baker Hughes reported that for the week ended January 23, 2026, the number of rotary drilling rigs in the United States increased by 1 to 544.The number of gas production rigs remained unchanged at 122, and the number of oil production rigs increased by 1 to 422. The total number of drilling rigs... 27.01.2026  00:00

• U. S. crude steel production rose 1.3 percent in the third week of 2026 According to the American Institute of Iron and Steel (AISI), for the week ending January 24, 2026, domestic production of raw steel in the United States amounted to 1,778 million net tons, and the capacity utilization rate was 76.9 percent.Production for the week ending January 24, 2026 increased... 27.01.2026  00:00

• The United States has published preliminary results of a review of CVD valves from the Turkish company Colakoglu The U.S. Department of Commerce (DOC) announced the preliminary results of the administrative review of the countervailing duty ruling on rebar from Turkey during the review period from January 1, 2023 to December 31, 2023.DOC has tentatively determined that countervailing subsidies are being... 26.01.2026  17:00

• Japan's crude steel production decreased by four percent in 2025 In December last year, Japan's crude steel production decreased by three percent from the previous month and decreased by 4.8 percent from December 2024, totaling 6.57 million tons, according to data released by the Japan Federation of Ferrous Metallurgy (JISF).Meanwhile, in the specified month,... 26.01.2026  17:00

• The production of base metals in Taiwan increased by 5.36 percent in December 2025 compared with November According to Taiwan's Ministry of Economy (MOEA), Taiwan's industrial production index rose 11.01 percent last December from the previous month and 21.57 percent year-on-year. Meanwhile, Taiwan's seasonally adjusted industrial production index increased by 5.80 percent month-on-month and by 18.12... 26.01.2026  16:00

• Indian JSW Steel Ink Pact with CSIR-CRRI for Road Construction using Steel Slag The Central Scientific and Industrial Research Institute of India (CSIR-CRRI) and Indian steel manufacturer JSW Steel Limited have signed a cooperation agreement on the construction of roads using steel slag, according to a joint statement on Monday, January 26.The strategic cooperation is aimed at... 26.01.2026  16:00

• Tokyo Steel recorded a decline in net profit in April-December fiscal year 2025-26 Japanese company Tokyo Steel announced interim consolidated financial results for the nine-month period ending December 31 of the 2025-26 fiscal year.In the period, the company reported net profit of 9.40 billion yen ($61.13 million), compared with net profit of 16.86 billion yen in the same period... 26.01.2026  15:00

• KEZAD Group launches World's first pay-as-you-grow metal Park in Abu Dhabi The UAE-based KEZAD Group, the operator of the Khalifa Economic Zones in Abu Dhabi, has announced the launch of the Metal Park, described as the world's first pay-as-you-go metals ecosystem, in Abu Dhabi.The project was developed with a total investment of 430 million dirhams ($117.09 million) and... 26.01.2026  15:00