Turkey increased steel production by 6.4pc
In March 2026, Turkey increased its steel production by 6.4 percent compared to the same month last year, reaching 3.3 million tons. This is according to data from the Turkish Steel Producers’ Association (TCUD).
In the first quarter of 2026, steel production in the country rose by 5.3 percent year-on-year, reaching 9.7 million tons.
Domestic consumption of finished steel products in March showed rapid growth—up 20.9 percent year-on-year, to 3.2 million tons. Overall, for January–March, this figure rose by 8.9 percent to 9.9 million tons.
Steel exports in March showed moderate growth of 5 percent year-on-year – to 1.5 million tons, while their value increased by 0.5 percent to $1 billion. However, overall first-quarter figures remain negative: export volume over the three months fell by 6.8 percent year-on-year (to 3.5 million tons), and export revenue dropped by 9.4 percent (to $2.3 billion).
At the same time, imports of metal products in March rose significantly—by 38.2 percent year-on-year, to 1.6 million tons. For the first quarter, imports rose by 2.6 percent—to 4.3 million tons, while their value decreased by 1.5 percent, amounting to $3 billion.
OPEC+ announces symbolic oil output
OPEC+ has agreed to a modest, largely symbolic oil output increase for June as the United States-Israel war on Iran disrupts Gulf supplies through the Strait of Hormuz.
“In their collective commitment to support oil market stability, the seven participating countries decided to implement a production adjustment of 188 thousand barrels per day,” OPEC+ said in a statement, making no mention of the United Arab Emirates, which quit the body on Friday.
“The seven OPEC+ countries also noted that this measure will provide an opportunity for the participating countries to accelerate their compensation.”
The statement was issued after the seven countries – Algeria, Iraq, Kazakhstan, Kuwait, Oman, Russia and Saudi Arabia – met virtually on Sunday to “review global market conditions and outlook”.
Brazil sets new record with 5.53 million boe/d
Brazil recorded its highest-ever oil and gas production in March, reaching 5.531 million barrels of oil equivalent per day (boe/d), according to data released by the National Agency of Petroleum, Natural Gas and Biofuels. The result surpasses the previous record of 5.304 million boe/d set in February, TV BRICS reports.
Crude oil output totalled 4.247 million barrels per day, marking an increase of 4.6 percent compared with the previous month and 17.3 percent year-on-year. Natural gas production also rose, reaching 204.11 million cubic metres per day, up 3.3 percent month-on-month and 23.3 percent compared with March 2025.
Production from pre-salt reserves continued to play a leading role, accounting for 4.421 million boe/d, or 79.9 percent of the country’s total output. The offshore Buzios Field remained the largest oil producer, with 886,430 barrels per day, while the Mero Field led in natural gas output, at 42.06 million cubic meters per day.
China produces more coal
According to the 2025 Statistical Review of World Energy, China produced 4.78 billion tonnes of coal in 2024, accounting for 51.7 percent of the global total.
Coal production is also highly concentrated beyond China. The top six producing countries, including India, Indonesia, and the U.S., together account for 87 percent of total supply.
Red meat, raw milk output fall last year
Türkiye’s red meat production fell 10.5 percent in 2025 from the previous year to 1.88 million tons, while raw milk output declined 4.9 percent, the Turkish Statistical Institute (TÜİK) has announced.
Red meat production was estimated at 1.88 million tons last year, down from 2.1 million tons in 2024, according to the institute’s 2025 red meat production statistics.
Cattle meat production decreased 11.5 percent year-on-year to 1.31 million tons, while sheep meat output fell 8.1 percent to 468,470 tons.
Goat meat production declined 8.8 percent to 90,744 tons, and buffalo meat output dropped 6.3 percent to 12,909 tons.
Over the past decade, total red meat production rose from 1.3 million tons in 2016 to 1.88 million tons in 2025, the data showed.
Cattle meat accounted for 69.7 percent of total red meat production in 2025, followed by sheep meat with 24.9 percent, goat meat with 4.8 percent and buffalo meat with 0.7 percent.
Sugar production encouraging this season
Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar on Tuesday expressed satisfaction that sugar production this season has been encouraging, noting that this would ensure adequate supply in the market to meet domestic demand while helping maintain price stability.
The DPM/FM chaired a high-level meeting to review sugar production at the conclusion of the current crushing season.
Wheat enters a new era
Against a backdrop of escalating climate risks and mounting pressure on food production, wheat (one of the world’s most widely grown crops) is emerging as the focal point of a new generation of scientific and collaborative solutions. Backed by the Gates Foundation and the United Kingdom’s Foreign, Commonwealth & Development Office (FCDO), an international alliance anchored at CIMMYT is working to accelerate innovation in this strategic crop and strengthen the resilience of agri-food systems worldwide.
Uranium repeal signals major policy shift
The passage of the Uranium Mining and Nuclear Facilities (Prohibitions) Repeal Bill 2025 through the New South Wales Legislative Council marks a symbolic shift in Australia’s uranium policy landscape, presenting a bountiful path to potential production for New South Wales
Backed by the Minerals Council of Australia (MCA), the Bill repeals the long-standing Uranium Mining and Nuclear Facilities (Prohibitions) Act 1986, while also removing legislative barriers embedded in the Mining Act 1992 and Land and Environment Court Act 1979.