Metallurgy news

• Indian NMDC Limited expects consolidated net profit to fall by 8% in the third quarter of fiscal year 2025-2026 Indian state-owned iron ore mining company NMDC Limited reported a consolidated net profit of INR 17,470 million (US$191.22 million) for the third quarter (October-December) of the 2025-26 fiscal year, down eight percent from last year, according to a regulatory report filed by the company on... 03.02.2026  17:00

• Accelerated sale of Liberty Pipes to Hartlepool, which supplies pipes for the Teesside Carbon Cluster project, has begun According to a representative of Liberty Steel, director of Liberty Pipes Hartlepool, a subsidiary of the British steel company Liberty Steel Group, launched an accelerated sales process for the company and its assets to identify the right industrial or strategic investor to support continued... 03.02.2026  17:00

• SSAB and JTK Power are developing SSAB Zero Green Steel marine Engine Muffler Swedish specialty steel manufacturer SSAB and Finnish engineering company JTK Power have jointly developed the world's first marine engine muffler made from SSAB Zero™ low-emission steel, marking an important milestone in decarbonization efforts in the marine industry.Reduction of emissions due to r... 03.02.2026  16:00

• Turkish rebar exports to grow by 20.6 percent in 2025 According to the Turkish Statistical Institute (TUIK), in December last year, the volume of rebar exports from Turkey increased by 4.3 percent month-on-month and by 7.7 percent year-on-year to 383,071 metric tons. The value of these exports amounted to $207.76 million, which is 3.8 percent more... 03.02.2026  16:00

• Kloeckner Metals expands non-ferrous metals capabilities with acquisition of Camalloy Kloeckner Metals Corporation (KMC), a subsidiary of German steel and non-ferrous metals manufacturer and distributor Klöckner & Co., has announced the acquisition of Camalloy, an American non-ferrous metals service center specializing in stainless steel and aluminum.The deal strengthens Kloeckner's ... 03.02.2026  15:00

• The net profit of PJSC Severstal for 2025 decreased by 78.6%, and demand pressure will continue in 2026. Russian Metallurgical Plant Severstal announced financial and operating results for the fourth quarter and full year 2025.According to information published by Severstal, the company's sales revenue for 2025 amounted to 712.89 million rubles ($9.27 million), which is 14.1% less than in the same ... 03.02.2026  15:00

• Domestic sales prices of Turkish metal producers increased by 2.16% in January 2026 compared to December According to statistics released by the Turkish Statistical Institute (TUIK), in January this year, the domestic producer price index (PPI) for the Turkish industry as a whole increased by 2.67 percent month-on-month and 27.17 percent year-on-year, while an average increase of 25.39 percent was... 03.02.2026  14:00

• A trade agreement between India and the United States has been announced by Trump, but key terms and deadlines remain unclear. US President Donald Trump announced on February 3 that India and the US had reached an agreement on a new trade deal after a telephone conversation with Indian Prime Minister Narendra Modi. However, neither Government has yet issued an official joint statement or detailed documentation, leaving the... 03.02.2026  14:00

• Freeze on scrap metal exports from Ukraine worries Polish steel industry, prompts EU intervention Poland has called on the European Commission to intervene after Ukraine suddenly froze exports of ferrous scrap, alarming both the Polish government and the domestic steel industry and risking opening a new dispute between Warsaw and Kiev, according to Polish media reports.As previously reported by... 03.02.2026  13:00

• Vietnam's Hoa Phat Group has exceeded its net profit target for 2025 Vietnamese steel producer Hoa Phat Group has announced financial results for the fourth quarter and the full year 2025.In the fourth quarter, Hoa Phat Group achieved a net profit of 3.88 trillion dong ($149.38 million), an increase of 29% year-on-year, while the company's sales revenue was 47.33... 03.02.2026  13:00