Metallurgy news

• Car sales in China are likely to point to a 25 percent decline in the first quarter of 2026 Cui Dongshu, general secretary of the Chinese Association of Passenger Cars (CPCA), said that car sales in China are likely to decline by 25 percent between January and March 2026 compared to the period from October to December this year, remaining stable year-on-year.Meanwhile, in the period from... 30.12.2025  10:00

• US crude steel production down 1.7 percent - Week 53 of 2025 According to the American Iron and Steel Institute (AISI), for the week ended December 27, 2025, domestic crude steel production in the United States was 1.695 million net tons, and the capacity utilization rate was 74.0 percent.Production for the week ended December 27, 2025 decreased by 1.7... 30.12.2025  09:00

• Copper price soars to nearly $13,000 per ton due to US tariffs Copper prices continue to grow actively on Monday, breaking records and approaching $13,000 per ton.Quotes for three-month copper futures on the London Metal Exchange (LME) during trading jumped by 6.6% to $12,960 per ton.Since the beginning of the year, the price of the metal has increased by more... 29.12.2025  16:00

• India's JSL plans to double steel fabrication capacity at its Raigarh plant India's Jindal Steel limited (JSL) has planned to expand the structural steel production capacity at its Raigarh plant to 2.4 million tonnes per annum from 1.2 million tonnes per annum, the company said in a statement on Monday, December 29.The expansion project will be completed by 2028.The... 29.12.2025  15:00

• The number of drilling rigs in the USA is decreasing, and the number of drilling rigs in Canada is increasing – 53rd week of 2025 Baker Hughes reported that in the week ending December 23, 2025, the number of rotary drilling rigs in the United States increased by 3 to 545.The number of drilling rigs for gas production remained unchanged at 127, while the number of drilling rigs for oil production increased by 3 to 409. Total... 29.12.2025  15:00

• Kurum International invests 150 million euros in the new MIDA plant in Albania According to local media reports, Italian plant Danieli has signed an agreement with Albanian steel producer Kurum International to build a green steel plant in Albania, marking the first implementation of a MIDA plant in Europe.A new green steel plant will be built in Elbasan with a total... 29.12.2025  14:00

• Turkish industrialists urge lower taxes on stainless steel After the introduction of an anti-dumping duty of 3.95 percent on imports of cold-rolled flat stainless steel from China, the total tax burden on imported raw materials increased to 16 percent with the existing additional customs duty of 12 percent. Following the decision, Turkish industrialists... 29.12.2025  14:00

• Haluk Kayabaşı: Anti-dumping duty on stainless steel will be the key to new investments Commenting on Turkey's 3.95% anti-dumping duty on imports of cold-rolled stainless steel from China, Haluk Kayabasi, CEO of Kibar Holding, said the decision will help prevent unfair competition in imports, pave the way for a level playing field in the steel sector and reduce Turkey's external... 29.12.2025  12:00

• U. S. releases final subsidy rates for BASIC steel from four countries The U.S. Department of Commerce (DOC) has announced the final results of the administrative review of the Countervailing Duty Ordinance (CVD) on certain corrosion-resistant steel products (CORE) from Brazil, Canada, Mexico and Vietnam for the period from January 1, 2023 to December 31, 2023.The DOC... 29.12.2025  12:00

• U.S. wire exports rose 2.9 percent in August 2025 compared to July According to export data from the U.S. Department of Commerce, wire exports to the United States totaled 6,315 tons in August this year, up 2.9 percent month-on-month and down 11.7 percent year-over-year. In value terms, wire exports totaled $15.9 million in July, up from $16.1 million the previous... 29.12.2025  11:00