Metallurgy news
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Flacks Group enters into exclusive negotiations to acquire former Ilva plants in Taranto The American investment fund Flacks Group has announced the start of exclusive negotiations on the potential acquisition of the former Ilva steel mill in Taranto in southern Italy.According to the proposed scheme outlined by Michael Flacks, founder and chairman of Flacks Group, the Italian...
02.01.2026 14:00
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JISF: US tariff policy puts pressure on Japanese steel industry Tadashi Imai, chairman of the Japan Iron and Steel Federation (JISF) and president of Nippon Steel, said the Japanese steel industry is facing new pressure from US tariff policies that are "blocking steel trade flows" and having a "significant" impact on Japan's heavy steel export sector, according...
02.01.2026 13:00
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TCUD: China and Russia boost steel imports to Turkey in January-November 2025 According to a statement released by the Turkish Steel Producers Association (TCUD), last November, crude steel production increased by 9.9 percent year-on-year to 3.31 million tons in Turkey, the world's eighth largest steelmaking country, and in the first 11 months of the year, production...
02.01.2026 13:00
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Indian NMDC in December increased iron ore production by 15%, sales by 19% Indian state-owned mining company NMDC limited achieved iron ore production of 5.4 million tonnes in December 2025, up 14.64 percent from the corresponding month of the previous year, according to a company statement on Friday, January 2.The company achieved 18.67 percent sales growth during the...
02.01.2026 11:00
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Indian MOIL LIMITED has revised prices for manganese ore for January shipments The Indian state-owned company MOIL Limited has raised prices for all grades of manganese ore for January shipments, according to a government statement on Friday, January 2.The company reported that the price of manganese ore with a Mn content of 44 percent or higher was increased by three...
02.01.2026 11:00
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Korea unveils technology to reduce emissions from steel heat treatment by more than 98 percent According to the Korea Institute of Energy Research (KIER), the institute has developed an electrified heat treatment technology that replaces fossil fuels with electricity in the annealing process used in the production of galvanized steel strips for the automotive and home appliance...
02.01.2026 10:00
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TUIK: In January-November 2025, the value of steel exports from Turkey increased by 5.5 percent Turkey's trade deficit increased by 6.3 percent to $7.98 billion in November this year compared to November 2024, according to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK). In the first 11 months of this year, Turkey's foreign trade deficit rose 12.6...
31.12.2025 14:00
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ADMIB: High demand from the EU supported Turkish steel exporters in November According to the Turkish Mediterranean Association of Ferrous and Non-Ferrous Metal Exporters (ADMIB), in November this year, Turkey's exports of ferrous and non-ferrous metals increased by 0.9 percent year-on-year to $1 billion, while exports of the steel industry increased by 5.9 percent...
31.12.2025 14:00
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Indian company SSWL invests $47 million to expand steel wheel plant in Gujarat Indian steel and alloy wheel maker Steel Strips Wheels limited (SSWL) will invest approximately $47 million to expand and modernize its manufacturing facility in the western state of Gujarat, the company said in a statement on Wednesday, December 31.The proposed expansion will focus on increasing...
31.12.2025 13:00
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Exports of tool steel from the United States in August 2025 increased by 8.5% compared to July According to export data from the U.S. Department of Commerce, exports of tool steel from the United States totaled 6,332 tons in August last year, up 8.5 percent from July and down 20.9 percent year-on-year. In value terms, tool steel exports totaled $15.36 million in August, compared with $13.33...
31.12.2025 13:00
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