Metallurgy news
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22.01.2026 17:00
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22.01.2026 17:00
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Murat Yalcintas: Turkey's economy has moved to a more predictable basis During the annual meetings of the World Economic Forum held in Switzerland, Murat Yalcintas, general manager of the Turkish holding company OYAK, said that 2025 was a year marked by financial discipline, that interest rates began to decline towards the end of the year, and that with these...
22.01.2026 16:00
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Imports of steel bars to Georgia from Turkey increased dramatically in 2025 In 2025, Georgia's total foreign trade turnover with Turkey, which is the country's leading trading partner, amounted to $3.1 billion, including imports worth $2.77 billion, remaining stable, and exports worth $332.91 million, down 27.4% year-on-year, according to preliminary data. provided by the...
22.01.2026 16:00
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UK industry warns of planned CBAM risks accelerating deindustrialization British industry groups have warned in interviews with the Financial Times that the government's planned carbon border tax, due to come into force in January 2027, is fundamentally flawed and risks accelerating deindustrialization rather than supporting decarbonisation.The steel, cement and...
22.01.2026 14:00
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Austria's Andritz strengthens steel refining portfolio with acquisition of Sanzheng Austrian installation and equipment supplier Andritz has announced the acquisition of a 51 percent stake in Baoding Sanzheng Electrical Equipment, a Chinese specialist in industrial induction heating systems.According to the company, the deal is aimed at further expanding Andritz's steel refining...
22.01.2026 14:00
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Ferrexpo temporarily suspends operations in Ukraine after renewed power outages Swiss mining company Ferrexpo, whose main interests are in Ukrainian iron ore assets, has announced a temporary suspension of operations following further attacks on power generation and transmission infrastructure in Ukraine, which again impacted the energy supply of the company's operations.This...
22.01.2026 13:00
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Germany's Rheinmetall commits to using SSAB steel with low emissions in defense production Swedish steel company SSAB has announced the signing of a letter of intent with German defense technology group Rheinmetall for the supply of low-emission steel.According to SSAB, the agreement represents the first time that a defense equipment manufacturer has officially committed to using...
22.01.2026 13:00
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Indian JSL's consolidated net profit rose 27% in Q3 FY2025-26 India's Jindal Stainless limited (JSL) achieved a consolidated net profit of INR 8,280 million ($90.48 million) in the third quarter (October-December) of fiscal year 2025-26, an increase of 26.6 percent over the corresponding quarter of the previous financial year, according to the company's...
22.01.2026 11:00
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Fortescue begins construction of Nullagine Wind Energy Project in Pilbara to Support Decarbonization The Australian iron ore mining company Fortescue Metals Group has announced the start of construction of the Nullagine wind energy project in the Pilbara region of Western Australia, which is a key milestone in its plan to achieve the goal of net zero emissions.With an installed capacity of 133MW,...
22.01.2026 11:00
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