Metallurgy news
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23.01.2026 17:00
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23.01.2026 17:00
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Fortescue records highest ever iron ore shipments in first half of FY 2025-26 Australian iron ore company Fortescue Metals Group has announced its operating results for the second quarter and first half ended December 31 of the 2025-26 financial year.In the second quarter, the company's iron ore shipments rose one percent from the first quarter and two percent year-on-year...
23.01.2026 16:00
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India's steel exports grew 4 percent year-on-year in 2025, shipments reached a 4-year high in the second half of the year India's steel exports (including stainless steel) grew 4 percent year-on-year to 8.59 million tons in fiscal year 25, according to preliminary BigMint data.The slight increase of 4 percent year-on-year also marks a sharp turnaround from the first half of the year, during which export volumes...
23.01.2026 16:00
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23.01.2026 16:00
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Turkey's base metal production capacity utilization fell in January 2026 compared to December In January this year, the capacity utilization rate of the Turkish steel industry was 75.6 percent, compared with 75.8 percent recorded in the previous month, while the capacity utilization rate of the Turkish steel industry was 76.1 percent in January 2025, according to preliminary data released...
23.01.2026 15:00
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Malaysia's steel industry warns that SST on raw materials could weaken competitiveness The Malaysian Federation of Ferrous Metallurgy (MISIF) has reiterated its opposition to the introduction of a sales and services tax (SST) on primary steel products, warning that the move could harm the domestic steel sector.MISIF stated that applying SST to key inputs such as steel scrap, iron...
23.01.2026 15:00
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ArcelorMittal and IDC resume negotiations on a deal on steel assets South African steelmaker ArcelorMittal South Africa Ltd (AMSA) and national development finance institution Industrial Development Corporation of South Africa (IDC) have resumed talks on a potential deal for AMSA's steel operations, including its key plants, after earlier talks stalled last year,...
23.01.2026 14:00
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India's JSW Steel consolidated net profit grew by 198% in the third quarter of fiscal year 2025-26 Indian company JSW Steel Limited achieved consolidated net profit of INR 21,390 million ($233.54 million) in the third quarter (October-December) of fiscal year 2025-26, an increase of 198% year-on-year, according to a company statement on Friday, January 23.The company reported total revenue of...
23.01.2026 14:00
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UK steel lifeline could cost up to £195m a year under Special Measures Bill The UK Government has published an impact assessment of its Steel Industry (Special Measures) Bill 2025, which sets out the rationale, expected impact and financial implications of emergency powers aimed at maintaining strategic steel capacity in the UK.Purpose of the BillSteel Industry (Special...
23.01.2026 13:00
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