Metallurgy news
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The Brazilian iron producer, or Samarco, continues to report a net loss despite limited operating profits. Brazilian iron ore and pellet producer Samarco reported a net loss of $1.118 billion for the first quarter of 2026, more than 11 percent less than the $1.258 billion net loss recorded in the same period a year earlier.The results reflect costs related to compensation paid to victims of the Fundao...
08.05.2026 20:00
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Brazil's iron ore exports rose 23 percent amid increased shipments to China Exports of Brazilian iron ore (excluding pellets) reached 31.710 million tons in April compared to 25.768 million tons in March, according to Secex, the secretariat of the Brazilian Ministry of Development, Industry and Foreign Trade.The increase mainly reflects a higher volume of exports to China:...
08.05.2026 20:00
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US releases final advertisement on CTL sign from South Korea The U.S. Department of Commerce (DOC) has released the final results of its administrative review of anti-dumping duties (AD) on certain long carbon steel sheets (CTL sheets) from South Korea for the period February 1, 2024 to January 31, 2025.The Department of Commerce has determined that Dongkuk...
08.05.2026 19:00
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The US initiates a CVD investigation into tin factory products from China The United States Department of Commerce (DOC) has announced the launch of an investigation into countervailing duty (CVD) on tin rolled products from China in response to a petition filed by the United States Steel Corporation and the United International Union of Workers in Steel, Paper and...
08.05.2026 19:00
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Assofermet Akçai: Italian steel market faces weak demand and geopolitical uncertainty According to the latest monthly market report published by Assofermet, the association representing Italian companies involved in the trading, distribution and processing of steel, scrap and non-ferrous metals, the Italian steel market continues to operate under conditions of widespread uncertainty...
08.05.2026 18:00
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Turkish company Borusan Boru's sales revenue increased by 32.1 percent in the first quarter of 2026. Borusan Birlešik Boru Fabrikaları San. and Tick. HOW. (Borusan Boru) announced its financial results for the first quarter of 2026. The company's sales for the period were recorded at 279,600 tons, up eight percent from last year.Borusan Boru's sales revenue rose 32.1 percent year-on-year to $421.6 ...
08.05.2026 17:00
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Freight traffic on the Chinese Daqin Railway increased by 3.79 percent in January-April 2026 The volume of freight traffic on the Daqing Railway in China in January-April this year amounted to 128.02 million tons, which is 3.79 percent more than last year.In April alone, freight traffic on the Daqing Railway totaled 31.16 million tons, up 1.76 percent from last year, 4.68 percentage points...
08.05.2026 17:00
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liberty Galati continues with revised sales target of €444 million due to financing problems Romania's only sheet steel manufacturer liberty Galati continues its restructuring process, with administrators now preparing a new attempt at an international sale at a significantly reduced valuation to attract investors and stabilize the company's future. The latest developments come as the...
08.05.2026 16:00
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Trump warns EU to meet trade commitments by July 4, or face higher tariffs US President Donald Trump said on social media that he had a telephone conversation with European Commission President Ursula von der Leyen to discuss geopolitical issues, trade relations between the EU and the United States, and tariff policy. According to him, the two sides also discussed broader...
08.05.2026 16:00
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India's iron ore imports fell 11% on April 26 India's iron ore (including pellets) imports stood at about 0.98 million tonnes in April 2026, down 11 percent from 1.11 million tonnes in March but up significantly from 0.38 million tonnes in April 2025, according to BigMint data. The total included 0.93 million tonnes of fine and lump iron ore...
08.05.2026 15:00
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