Metallurgy news
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The German company Salzgitter returned to net profit for the first quarter of 2026The German steel company Salzgitter Group has announced its financial and operating results for the first quarter of this year.In the quarter, the company posted a net profit of 81.9 million euros, compared with a net loss of 34.6 million euros in the same quarter of the previous year, and its…
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Turkey's turnover of base metals increased by 9.2 percent in March 2026 compared to FebruaryAccording to data published by the Turkish Statistical Institute (TUIK), in March this year, Turkey's monthly industrial turnover index increased by 5.7 percent compared to the previous month, and the calendar-adjusted index increased by 33.2 percent compared to March 2025.In this month, the…
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HDG imports to the United States increased by 7.7 percent in March 2026 compared to FebruaryAccording to preliminary data from the U.S. Department of Commerce, imports of hot-dip galvanized sheets to the United States totaled 77,457 tons in March this year, up 7.7 percent from February and down 54.1 percent from March 2025. in the same month of 2025.The United States imported the most HDG…
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Japan's Kobe Steel to make subsidiary Kobelco Wire wholly owned through share swapJapanese steel company Kobe Steel announced that it has signed a share swap agreement with its consolidated subsidiary Kobelco Wire Company, Ltd., under which the latter will become a wholly owned subsidiary.The share swap will be effective September 1, 2026 and will be approved at Kobelco Wire's…
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US HRC exports increased by 10.7% in March 2026 compared to FebruaryAccording to export data from the U.S. Department of Commerce, exports of hot-rolled coils to the United States totaled 53,666 tons in March this year, which is 10.7 percent more than in February and 11.1 percent less than in March 2025. In value terms, HRC exports totaled $59.47 million in March…
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ArcelorMittal Belgium restarts Galva 5 galvanizing line after four years of shutdownArcelorMittal Belgium has announced that it has officially restarted its Galva 5 hot-dip galvanizing line in Flémalle after four years of inactivity. The re-opening strengthens the company's industrial presence in Europe and expands its production capabilities for metal-coated steel products in…
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Brazil Finds Dumping on HR Stainless Steel from Three Countries, No Preliminary Duties ImposedThe Brazilian Foreign Trade Secretariat of the Ministry of Development, Industry and Foreign Trade has published a positive preliminary anti-dumping decision on imports of hot-rolled flat stainless steel products from China, India and Indonesia, which concluded that the dumped imports have caused…
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Nippon Steel will strengthen its European and specialty steel operations with new strategic stepsJapanese steel company Nippon Steel Corporation has announced two important decisions aimed at strengthening its global growth strategy, strengthening its operations in Europe and streamlining the organization of its specialty steel business.USSK will become Nippon Steel's main European operations…
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EU proposes new ETS methodology to support industrial decarbonizationThe European Commission has announced that it has proposed updated benchmarks under the European Union's Emissions Trading System (EU ETS) for the period 2026-2030.The proposal is expected to be formally adopted by an executive act by the end of June after four weeks of public consultations and…
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Turkish company Erciyas Çelik Boru returns to net profit in the first quarter of 2026Turkish pipe manufacturer Erciyas Çelik Boru Sanayi A.Ş. announced financial results for the first quarter of 2026.Accordingly, Erciyas recorded a net profit of TRY 117.05 million ($2.68 million) in the quarter, compared to a net loss of TRY 63.42 million in the same period in 2025. During the same…
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