Metallurgy news
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11.05.2026 18:00
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11.05.2026 18:00
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India's SMEL expects consolidated net profit to grow by 46% in the fourth quarter of fiscal year 2025-2026 India's Shyam Metalics and Energy limited (SMEL) reported consolidated net profit of INR 3.19 billion (USD 33.76 million) in the fourth quarter (January-March) of fiscal year 2025-26, up 45.8 percent year-on-year, according to company regulatory filings on Monday, May 11.The company reported total...
11.05.2026 17:00
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Scrap metal exports from the United States increased by 62.7 percent in March 2026 compared to February According to the latest data from the U.S. International Trade Commission, scrap metal exports from the United States totaled 1.38 million tons in March this year, up 62.7 percent month-on-month and 48.4 percent year-on-year.Turkey was the largest recipient of U.S. iron and scrap exports in March...
11.05.2026 17:00
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US steel imports in March 2026 increased by 5.3% compared to February According to preliminary data from the US Department of Commerce, US monthly steel imports in March of this year increased by 5.3 percent compared with February and decreased by 29.2 percent year on year, amounting to 1,607,503 tons. In value terms, U.S. steel imports totaled $1.6 billion in March,...
11.05.2026 16:00
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Assofermet: The Italian scrap metal market ends April with growth, May still depends on the availability and prices of electricity According to Assofermet, an association representing Italian companies involved in the trade, distribution and processing of steel, scrap and non-ferrous metals, in its regular monthly market overview, the Italian ferrous scrap market went through two separate phases in April. After an initial...
11.05.2026 16:00
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Vietnam's steel imports in April 2026 rose 14.8 percent compared to March. According to data released by the General Administration of Customs of Vietnam, Vietnam's steel imports totaled 1.43 million tons in April this year, up 14.8 percent from March, while scrap imports totaled 641,118 tons, an increase of 15.3 percent over the same month.In the first four months of...
11.05.2026 15:00
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U. S. steel exports in March 2026 increased by six percent compared to February
According to export data from the US Department of Commerce, monthly steel exports in March this year increased by six percent compared to February and decreased by 6.2 percent year-on-year to 596,679 tons. In value terms, U.S. steel exports totaled $1.14 billion in March, compared with $1.05...
11.05.2026 15:00
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Tenaris acquires Artrom Steel Tubes to expand seamless pipe capacity in Europe Luxembourg-based international steel pipe manufacturer Tenaris has announced that it has entered into a definitive agreement to acquire Romanian steel and seamless pipe manufacturer Artrom Steel Tubes S.A. The transaction is aimed at strengthening Tenaris' production base in Europe and expanding...
11.05.2026 14:00
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Turkish company Çelik Halat ve Tel Sanayii reports higher net losses and revenues for the 1st quarter of 2026 Turkish manufacturer of steel wire and ropes from Kocaeli Çelik Halat ve Tel Sanayii Inc. announced its financial results for the first quarter of this year.In the quarter, the company reported a net loss of 306.79 million Turkish liras ($6.76 million), compared with a net loss of 251.46 million ...
11.05.2026 14:00
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