Metallurgy news
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Indian company KIOCL limited returned to profit in the fourth quarter of the financial year 2025-2026Indian state-owned iron ore pellet producer KIOCL limited posted a net profit of INR 530.00 million (USD 5.52 million) in the fourth quarter (January-March) of fiscal year 2025-26, compared to a net loss of INR 360.00 million (USD 3.75 million) in the corresponding quarter of the previous financial…
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China will renovate 500 thousand dilapidated urban housesThe State Council of China published the 15th Five-Year Urban Renewal Plan (2026-2030), outlining the main goals of urban renewal for this period. These goals include the renovation of 500,000 dilapidated urban housing units, the start of the reconstruction of 115,000 old urban residential…
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The Chinese government has responded to the EU's planned introduction of a new steel tariff policy on July 1.At a regular press conference held on May 28, He Yadong, a representative of the Chinese Ministry of Commerce, answered questions about the European Union's planned implementation of a new steel tariff policy on July 1 this year, saying that the EU's move is essentially trade protectionism. This…
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Severstal increases energy efficiency by modernizing furnaces at CherMKThe Russian steel company Severstal announced the completion of the capital repair and modernization program for heating furnaces No. 1, No. 2 and No. 3 at mill-2000 of the Cherepovets Metallurgical Plant (CherMK). Reheating furnaces play a critical role in the hot rolling industry, uniformly…
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Quang Ngai is considering the possibility of cooperation in the field of investments in the steel industry with VNSTEELThe People's Committee of Quang Nguai Province in Vietnam announced that its chairman, Nguyen Hoang Giang, held a working meeting with steel producer VNSTEEL on May 25 to discuss potential investment cooperation in the steel industry in the Dongquat Economic Zone.During the meeting, Mr. Giang…
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Japan's industrial production rose 0.8 percent in April 2026 compared to March.Japan's industrial production rose 0.8 percent month-on-month in April this year and was up 2.3 percent from the same month in 2025, according to preliminary indexes from the industrial production report released by Japan's Ministry of Economy, Trade and Industry (METI).On the other hand, Japan's…
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The Metinvest Adria project for the production of environmentally friendly steel in Piombino is moving forward, as Invitalia has approved benefits worth 285 million eurosThe Metinvest Adria project to build a new environmentally friendly steel plant at the former Lucchini site in Piombino has taken another step forward. Invitalia, Italy's national agency responsible for managing development contracts, has accepted an incentive for an industrial proposal submitted…
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Primetals announces the launch of China's most powerful Arvedi ESP plant in Zhongshou Special SteelUK-based steel mill equipment manufacturer Primetals Technologies has announced the successful production of the first steel coil at its new Arvedi ESP plant supplied by the company to Chinese steelmaker Zhongshou Special Steel in Luanzhou, Hebei Province, China.The first steel coil was produced on…
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Global production and sales of Toyota vehicles decreased in January-April 2026Japanese automaker Toyota Motor Corporation announced that its global vehicle production increased 3.4 percent year-on-year to 933,685 units in April this year. In particular, the company's domestic products grew 0.3 percent to 330,932 units, while its foreign products grew 5.1 percent year-on-year…
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Whyalla Steelworks sale enters final stage as governments select two biddersThe Australian Federal and State Governments have announced that the sale of the Whyalla Steelworks has entered the final stages, with two bidders shortlisted to acquire the site and support its transition to lower emissions steel production.The process follows the South Australian Government's…
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