Metallurgy news

• Scrap imports to Pakistan increased by 0.7% in January compared to December Scrap imports to Pakistan totaled 386,669 tons in January this year, up 0.7 percent from December and 13.3 percent year-on-year, according to data released by the Federal Bureau of Statistics of Pakistan (PFBS). The value of these imports in this month was $220.4 million, an increase of 2.1%... 18.02.2026  13:00

• AMNS India launches two branded steel products, targeting 75% of revenue from value-added steel India's ArcelorMittal Nippon Steel limited (AMNS India) has introduced two premium steel grades - AMNS Vibrance and AMNS Optima - as part of its strategy to generate 75 percent of total revenue from value-added steel, the company said in a statement on Wednesday, February 18.The move underscores... 18.02.2026  12:00

• Industrial production in the euro area decreased by 1.4 percent in December 2025 compared to November In December last year, compared with November, seasonally adjusted industrial production decreased by 1.4 percent in the euro area and 0.8 percent in the EU. Industrial production in November increased by 0.3 percent in the euro area and decreased by 0.1 percent in the EU. In December 2025,... 18.02.2026  12:00

• ArcelorMittal Projects expands presence in UAE with third steel plant in Hamriyah Free Zone According to a statement released by the Hamriyah Free Zone in the United Arab Emirates (UAE), customized and sustainable steel solutions provider ArcelorMittal Projects plans to establish its third production facility in the zone, with operations beginning in 2026.The new plant will cover an area... 18.02.2026  11:00

• BlueScope receives revised takeover offer from SGH and Steel Dynamics The Australian steel producer BlueScope has received another unsolicited, non-binding, indicative and conditional takeover offer from a consortium consisting of the Australian SGH Limited and the American steel company Steel Dynamics.BlueScope stated that, in accordance with the terms of the offer,... 18.02.2026  11:00

• Scrap exporters are suing for the fourth time, trying to cancel the Cabinet's zero quotas Enterprises producing ferrous metal scrap in January of this year reduced the production of ferrous scrap metal by 18.5% - to 97.1 thousand tons from 149 thousand tons.According to the Ukrainian Association of Secondary Metals (UAVtormet), scrap collectors over the past month reduced the supply of... 18.02.2026  11:00

• India's BHEL wins order for power project to expand IISCO steel plant Indian state-owned Bharat Heavy Electricals limited (BHEL) has been awarded the order to build a power project for state steelmaker Steel Authority of India limited (SAIL) IISCO steel plant located at Burnpur in the eastern state of West Bengal, the company said in a statement on Wednesday,... 18.02.2026  10:00

• ICRA: Car sales growth in India will normalize by 3.6% in fiscal year 2026-27 According to a report by the Indian rating agency ICRA published on Wednesday, February 18, car sales in India will return to growth in fiscal year 2026-27 at 3.6 percent after a period of rapid growth seen by the end of fiscal year 2025-26 amid lower rates of goods and services Tax (GST).Sales... 18.02.2026  10:00

• Revenue of the Chilean Antofagasta increased by 30% due to the rise in copper prices By the end of 2025, Chilean Antofagasta Plc increased its profit before tax, interest and depreciation payments (EBITDA) by one and a half times to a record $5.202 billion compared to $3.427 billion a year earlier, according to the company's financial statements.The indicator coincided with... 17.02.2026  20:00

• Jindal Steel Oman plans to reach a capacity of 10 million tons as part of Oman Vision 2040 According to local media reports, Oman-based steel producer Jindal Steel Oman, a subsidiary of India's Jindal Steel Group, plans to increase its combined production capacity of 10 million tons per year in Oman as part of a long-term strategy aligned with the country's industrial development... 17.02.2026  17:00