Metallurgy news
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Auto production in Brazil fell 9.5 percent in April compared to MarchAccording to the Brazilian Association of Vehicle Manufacturers (ANFAVEA), car production in Brazil reached 238,500 units (passenger cars, light commercial vehicles, trucks and buses) in April, down 9.5 percent from the 263,600 units produced in March 2026.Domestic auto sales fell 7.8 percent to…
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Ukraine reports a 0.3% decline in pig iron production for January-April 2026In April of this year, pig iron production in Ukraine amounted to 554 thousand tons, which is 19.7% less month-on-month and 16.1% year-on-year, according to the Ukrainian Metallurgical Association Ukrmetallurgprom.In this month, steel production in the country fell by 26.3% compared to the previous…
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Turkish company Kardemir reports net profit for the first quarter of 2026Turkish integrated long products manufacturer Kardemir Karabuk Demir Celik Sanayi ve Tijaret A.S. (Kardemir) has announced its financial and operating results for the first quarter of this year.In the quarter, Kardemir recorded a net profit of 24.52 million Turkish liras (US$ 540,402), compared…
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India's SMEL expects consolidated net profit to grow by 46% in the fourth quarter of fiscal year 2025-2026India's Shyam Metalics and Energy limited (SMEL) reported consolidated net profit of INR 3.19 billion (USD 33.76 million) in the fourth quarter (January-March) of fiscal year 2025-26, up 45.8 percent year-on-year, according to company regulatory filings on Monday, May 11.The company reported total…
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Scrap metal exports from the United States increased by 62.7 percent in March 2026 compared to FebruaryAccording to the latest data from the U.S. International Trade Commission, scrap metal exports from the United States totaled 1.38 million tons in March this year, up 62.7 percent month-on-month and 48.4 percent year-on-year.Turkey was the largest recipient of U.S. iron and scrap exports in March…
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US steel imports in March 2026 increased by 5.3% compared to FebruaryAccording to preliminary data from the US Department of Commerce, US monthly steel imports in March of this year increased by 5.3 percent compared with February and decreased by 29.2 percent year on year, amounting to 1,607,503 tons. In value terms, U.S. steel imports totaled $1.6 billion in March…
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Assofermet: The Italian scrap metal market ends April with growth, May still depends on the availability and prices of electricityAccording to Assofermet, an association representing Italian companies involved in the trade, distribution and processing of steel, scrap and non-ferrous metals, in its regular monthly market overview, the Italian ferrous scrap market went through two separate phases in April. After an initial…
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Vietnam's steel imports in April 2026 rose 14.8 percent compared to March.According to data released by the General Administration of Customs of Vietnam, Vietnam's steel imports totaled 1.43 million tons in April this year, up 14.8 percent from March, while scrap imports totaled 641,118 tons, an increase of 15.3 percent over the same month.In the first four months of…
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U.</p><p>S. steel exports in March 2026 increased by six percent compared to FebruaryAccording to export data from the US Department of Commerce, monthly steel exports in March this year increased by six percent compared to February and decreased by 6.2 percent year-on-year to 596,679 tons. In value terms, U.S. steel exports totaled $1.14 billion in March, compared with $1.05…
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Tenaris acquires Artrom Steel Tubes to expand seamless pipe capacity in EuropeLuxembourg-based international steel pipe manufacturer Tenaris has announced that it has entered into a definitive agreement to acquire Romanian steel and seamless pipe manufacturer Artrom Steel Tubes S.A. The transaction is aimed at strengthening Tenaris' production base in Europe and expanding…
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