News
Tenaris starts operations at new Suriname service center for Gran Morgu offshore project
2+ hour, 53+ min ago (125+ words) Luxembourg-based steel pipe producer Tenaris has announced the start of operations at its new service center in Paramaribo, Suriname, built to support Total Energies" Gran Morgu project, the country"s first major offshore development. Tenaris stated that the new center…...
BHP highlights blast furnace decarbonization as key pathway for steel industry
2+ hour, 48+ min ago (196+ words) According to Australian miner BHP, steel remains one of the world's most important materials, with nearly 2 billion mt produced annually. More than 70 percent of global steel production is currently based on the blast furnace-basic oxygen furnace (BF-BOF) route, while most…...
Kardemir's June railway wheel exports to Europe reach $7. 75 million
3+ hour, 25+ min ago (214+ words) Turkish integrated long steel producer Kardemir Karabuk Demir Celik Sanayi ve Ticaret A. S. (Kardemir) has announced that it is continuing to strengthen its presence in the European market with a new $3 million railway wheel export contract tailored to customer requirements. Following…...
EUROFER: EU automotive sector to remain weak in 2026, steel tube output to grow slightly
1+ day, 3+ hour ago (218+ words) According to the Economic and Steel Market Outlook 2026-2027/Q2 2026 Report from the Economic Committee of the European Steel Association (EUROFER), output in the EU automotive sector is expected to remain under pressure in 2026, while the steel tube sector is forecast to…...
South Korea unveils plan to boost domestic steel demand after EU tightens import measures
23+ hour, 29+ min ago (340+ words) South Korean Industry Minister Kim Jung-kwan has stated that the South Korean government will seek to create new domestic demand for steel products to support its steel industry following the European Union's implementation of stricter steel import measures, according to…...
EU steel import quotas exhausted for Turkey, South Korea, China and others as Q2 2026 ends
1+ day, 2+ hour ago (87+ words) At the last day of the last month of the EU quota period from April 1 to June 30, some of the import quotas for certain steel products allocated for India, Turkey and "other countries" have been exceeded, according to the European…...
Turkey's scrap imports edge down in January-May 2026 as US overtakes Netherlands
1+ day, 1+ hour ago (168+ words) In May this year, Turkey's scrap import volume decreased by 20. 2 percent month on month and by 7. 0 percent year on year to 1. 49 million mt, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled…...
UK last steel quota period closes with multiple product quotas exhausted
2+ day, 47+ min ago (216+ words) At the last day of the last month of the UK quota period from April 1 to June 30, some of the import quotas for certain steel products allocated for Turkey, the EU, and other countries have been exhausted, while over 75 percent…...
Kardemir expands railway wheel exports with new Bulgaria contract
3+ day, 2+ hour ago (232+ words) Turkish integrated long steel producer Kardemir Karabuk Demir Celik Sanayi ve Ticaret A. S. (Kardemir) has announced that it has received another railway wheel order from an overseas market. The company has signed a railway wheel supply agreement worth approximately $2. 5 million with…...
BHP, Rio Tinto and Caterpillar launch battery-electric haul truck trial to support mining decarbonization
3+ day, 2+ hour ago (266+ words) BHP, Rio Tinto and Caterpillar have announced they have launched an industry-first trial of two Cat" 793 XE Early Learner battery-electric haul trucks at BHP's Jimblebar iron ore mine in the Pilbara region of Western Australia. The trial follows three months…...