Metallurgy news

• IFC is considering US$80 million in financing to upgrade the Green Esteel steel plant in Malaysia The International Finance Corporation announced that it is considering a debt financing package of up to $80 million for Singapore-based Green Esteel Pte. Ltd., to support equipment replacement, refurbishment and working capital at Eden Flame's existing smelter in Malaysia.Eden Flame is operated by... 09.01.2026  14:00

• Iberdrola Germany completes construction of a 65 MW solar power plant to supply Salzgitter with renewable energy Iberdrola Germany, a subsidiary of Spanish energy producer Iberdrola, has announced the completion of a 65 MW solar power plant in Saxony-Anhalt, which will further expand the use of renewable energy sources in Germany.The solar installation covers about 45 hectares and is equipped with more than... 09.01.2026  14:00

• Rio Tinto is in preliminary talks with Glencore about a possible merger Australian miner Rio Tinto and Swiss-headquartered miner Glencore have confirmed they are in advanced talks regarding a potential combination of some or all of their businesses.Talks could include an all-share merger, the companies said, with any deal currently expected to be consummated through a... 09.01.2026  13:00

• BlueScope rejects acquisition offer from SGH and Steel Dynamics over combination offer The Australian steel company BlueScope Steel has announced that it has rejected an offer to acquire a consortium including the Australian SGH and the American steel company Steel Dynamics, reaffirming its commitment to implementing independent strategic priorities and maximizing shareholder... 09.01.2026  13:00

• HRC imports to Turkey increased by 10.1 percent in January-November 2025 According to preliminary data provided by the Turkish Statistical Institute (TUIK), in November last year, imports of hot rolled steel (HRC) to Turkey amounted to 397,772 metric tons, which is 26.6 percent more than in October and 8.6 percent more year-on-year. Meanwhile, the value of these imports... 09.01.2026  12:00

• Steel production in India increased by three percent in December 2025 India's crude steel production was tentatively estimated at 14.147 million tons in December 2025, up 3.2 percent from the corresponding month of the previous year, according to data released by the Joint Committee of Mills (JPC) under the Ministry of Steel on Friday, January 9.The data showed total... 09.01.2026  12:00

• Tata Steel tests iron ore supplies from Canada to hedge mine lease expiration risk India's Tata Steel limited has initiated a trial to import iron ore from its Canadian assets for the first time as part of a strategy to mitigate potential raw material supply risks associated with the expiration of iron ore mining leases in India in 2030, industry sources told SteelOrbis on... 09.01.2026  11:00

• Ukraine's Zaporizhstal has suspended production again after Russian attacks on the country's energy infrastructure The Ukrainian company Zaporizhstal, owned by Metinvest, announced the suspension of all production processes after a power outage in the Zaporizhia region caused by a massive attack by Russian drones on Ukraine's energy infrastructure on January 7.On December 23, the company temporarily suspended... 09.01.2026  11:00

• China claims 63% of new shipbuilding orders in the world in 2025 In 2025, China attracted 63 percent of new shipbuilding orders (CGT 35.37 million, 1,421 vessels) worldwide, ranking first in the global market, while South Korea took a 21 percent share (CGT 11.6 million), ranking second, according to data released by Clarksons, the world's leading supplier of... 09.01.2026  10:00

• China's steel industry's PPI decreased by 7.7 percent in 2025 In December last year, China's Producer price index (PPI) for its ferrous metals smelting and rolling sector decreased 4.7 percent year-on-year, 0.5 percentage points slower than the rate of decline recorded in November, while it decreased 0.1 percent month-on-month, according to the data,... 09.01.2026  10:00