Metallurgy news
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16.02.2026 16:00
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16.02.2026 16:00
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Rio Tinto suspends operations in Simandou after fatal incident Australian mining company Rio Tinto announced that it has suspended operations at its Simandou iron ore project in Guinea following a fatal incident involving a contract worker.The company confirmed that the worker died on February 14, 2026 at the Simandou site. Emergency response procedures were...
16.02.2026 15:00
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Gozzi Federaccai calls for ETS review as Italy faces the highest pressure on electricity costs in the EU In a statement released after the EU Competitiveness summit held at Alden Bizen in Belgium on February 12, Antonio Gozzi, president of the Italian steel producers association Federacciai and Interconnector Energy Italia, welcomed the start of a political debate in Brussels on crucial issues related...
16.02.2026 15:00
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Australia's BlueScope doubled its net profit for the first half of its 2025-26 financial year to $276.33 million. Australian steelmaker BlueScope Steel posted a net profit of A$390.8 million ($276.33 million) for the first half ended December 31 of the 2025-26 financial year, up 118.2% from a net profit of A$179.1 million in the first half of the previous financial year. The company's sales revenue in the...
16.02.2026 14:00
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Japanese shipments of HRP and HRS increased by one percent in December 2025 compared to November Last December, shipments of hot-rolled rolled products to Japan increased by one percent from the previous month and decreased by 4.1 percent from the 674,120 tons recorded in the same month of 2024, totaling 646,487 metric tons, according to the Japan Federation of Ferrous Metallurgy (JISF). In...
16.02.2026 14:00
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EU carbon prices fall as leaders call for ETS overhaul amid industry woes The European carbon market has fallen sharply recently, with benchmark EU carbon prices falling sharply after several major EU leaders called for an overhaul of the bloc's Emissions Trading System (ETS), according to a Reuters report.On February 12, the EU's benchmark carbon contract fell about...
16.02.2026 13:00
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Fortescue launches battery electric locomotives to reduce diesel fuel use in Pilbara Iron Ore Australian iron ore mining company Fortescue Metals Group has announced that it has begun commissioning two battery electric locomotives on its Pilbara railway network, a significant step in the company's plan to phase out the use of fossil fuels in its iron ore mining operations in line with its...
16.02.2026 13:00
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Three AHMSA bidders were awarded the $1.13 billion sale. According to local media reports in Mexico, three groups have officially qualified to participate in the final stage of litigation for the sale of assets owned by Mexican steel company Altos Hornos de México (AHMSA).The registration period before the Second Bankruptcy Court has ended and qualified ...
16.02.2026 12:00
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IDDMIB: Prices for export units in Turkish metallurgy reached a record high in January 2026 The Istanbul Association of Ferrous and Non-Ferrous Metal Exporters (IDDMIB) has published the results of the Turkish metallurgical industry export index TR-METALENDEKS for January 2026. According to the index, the metallurgical industry entered 2026 with a sharp decline in volume, but a historical...
16.02.2026 12:00
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