Metallurgy news

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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

• The volume of construction in the eurozone decreased by 1.1 percent in November 2025 compared to October According to the first estimates published by Eurostat, the Statistical Office of the European Union, in November last year, the seasonally adjusted production of the construction sector in the member states of the European Union (EU-27) decreased by 1.1 percent compared to October and by 0.4... 23.01.2026  13:00

• Lodhia Industries selects Danieli for new rod and wire rod plant in Tanzania The Italian plant Danieli Technologies announced the signing of a contract with the Tanzanian steel and plastics manufacturer Lodhia Industries for the supply of a modern complex for the production of rods and wire rods in Tanzania. This is seen as a major strategic investment aimed at... 23.01.2026  12:00

• EEPC: Unresolved CBAM issue in the India-EU Free Trade area will lead to a 10% drop in machinery exports to Europe% Indian exports of engineering products could suffer an annual decline of 10 percent if the upcoming India-EU Free Trade Agreement (FTA) It will not resolve issues related to steel guarantees and the Carbon Boundary Adjustment Mechanism (CBAM) in Europe, the Machinery Export Promotion Council ... 23.01.2026  12:00

• Contract for coating steel pipes with AliShar Contracting Company with Saudi Arabian East Pipes Saudi Arabian pipe manufacturer East Pipes Integrated Company for Industry announced that it has signed a contract with domestic company AliShar Contracting Company for the provision of steel pipe coating services worth more than SAR 60 million ($15.99 million), including value added tax.As part of... 23.01.2026  11:00

• Consolidated net profit of Indian AAL increased by 43% in the third quarter of fiscal year 2025-26 Indian APL Apollo Limited (AAL), a manufacturer of structural steel pipes, achieved a consolidated net profit of INR 3,100 million ($33.84 million) in the third quarter (October-December) of the 2025-26 fiscal year, an increase of 42.86% compared to the corresponding quarter of the previous fiscal... 23.01.2026  11:00

• CPCA: Passenger car sales in China reached 1.8 million units in January 2025 The China Passenger Car Association (CPCA) said retail sales of passenger vehicles in China are expected to reach 1.8 million units in January this year, down 20.4 percent month-on-month and up 0.3 percent year-on-year.In particular, retail sales of new energy vehicles in China are likely to reach... 23.01.2026  10:00

• Stocks of basic finished steel products in China decreased by 0.3% in mid-January 2025 On January 20 of this year, the total domestic stocks of the five main finished steel products in 21 major Chinese cities totaled 7.09 million tons, down 20,000 tons or 0.3 percent from January 10, as announced by the Chinese Association of Ferrous Metallurgy (CISA).In particular, as of January 20,... 23.01.2026  10:00