Metallurgy news
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01.04.2026 15:00
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01.04.2026 15:00
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Scrap imports to Turkey increased by 2.7 percent in January-February 2026 Turkey's scrap imports fell 17.7 percent month-on-month and 9.4 percent year-on-year to 1.40 million metric tons in February this year, according to data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $534.53 million, down 15.9% year-on-year and 7.8%...
01.04.2026 14:00
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SMS Group signs contract for SAIL Durgapur upgrade for cylindrical ingot rollers The German SMS Group plant has received a turnkey contract from the Indian state-owned steel manufacturer Steel Authority of India Limited (SAIL) for the modernization of ingot casting machines at its Durgapur Steel Plant (DSP) in West Bengal, India.According to SMS Group, the scope of the project...
01.04.2026 14:00
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Wire exports to the US rose 12.5% in January 2026 compared to December According to export data from the US Department of Commerce, wire exports to the United States totaled 6,737 tons in January this year, up 12.5% month-on-month and down 15.0% year-over-year. In value terms, wire exports were $18.1 million in January, up from $17.7 million in the previous month and...
01.04.2026 13:00
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ArcelorMittal and Renault collaborate on low carbon steel for electric vehicle production Luxembourg steelmaker ArcelorMittal has announced a partnership with French automaker Renault Group focused on sustainable mobility, marking the start of low-emission steel supplies for electric vehicle (EV) production.Since September 2025, ArcelorMittal has been supplying its Usibor® 1500XCarb® s...
01.04.2026 13:00
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Chongqing Steel reports net loss of 2.722 billion yuan for 2025 Chongqing Chinese steel company Chongqing Iron & Steel Company Ltd. (Chongqing Iron & Steel Co.) announced that in 2025 it recorded operating revenue of 24.002 billion yuan ($3.5 billion), down 11.9% from the previous year, and a net loss for the year of 2.722 billion yuan ($0.39 billion), compared...
01.04.2026 12:00
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Fushun Special Steel reported a net loss of 805 million yuan for 2025 Chinese steel company Fushun Special Steel (Fushun Special Steel), based in liaoning Province, announced that it recorded operating income of 7.783 billion yuan ($1.13 billion) in 2025, down 8.26% from the previous year, and posted a net loss of 805 million yuan ($117 million) for the year,...
01.04.2026 11:00
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Valin Xiangtan Steel for the construction of a bar and sheet steel production plant Chinese steel company Valin Xiangtan Steel (Valin Xiangtan Steel), located in Hunan Province, plans to implement a large-scale round and flat premium steel production line project, as announced by its parent company, Chinese steel company Valin Steel, located in Hunan Province. The investment in...
01.04.2026 11:00
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Average new home prices in 100 Chinese cities rose 0.05% in March 2026 In March this year, average new home prices in China's 100 major cities were 17,115 yuan/square meter ($2,480/sqm), up 0.05 percent month-on-month, with growth of 2.24 percent year-on-year, as announced by the CIA, the largest independent real estate research organization in China.Meanwhile, in...
01.04.2026 10:00
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