Metallurgy news
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The EU law on accelerating industrial development risks failure without clearer rules and closer industry coordination. An intersectoral debate organized by the Employers' Group of the European Economic and Social Committee has raised concerns that the EU's proposed Industrial Acceleration Act (IAA) may not achieve its goals without significant changes.Participants included the European Steel Manufacturers...
30.04.2026 16:00
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TUIK: Turkey's steel export value fell by eight percent in the first quarter of 2026 According to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), Turkey's foreign trade deficit increased by 56.0 percent to $11.21 billion in March this year compared to March 2025. exports ranked as the country's fifth-highest export value item at $1.05...
30.04.2026 15:00
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Japan's steel exports decreased by 10.1 percent in January-March 2026 According to customs statistics published by the Japan Federation of Ferrous Metallurgy (JISF), in March of this year, exports of iron and steel products from Japan amounted to 2.52 million metric tons, an increase of 15.6 percent month-on-month and a decrease of 9.1 percent year-on-year.In the...
30.04.2026 15:00
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Aperam's net profit fell quarter-on-quarter in the first quarter of 2026, while sales revenue rose Luxembourg-headquartered global stainless steel producer Aperam SA announced its financial results for the first quarter of 2026.The company recorded a net profit of €3 million in the quarter, compared with a net profit of €29 million in the fourth quarter of 2025, moving to a profit compared with a...
30.04.2026 14:00
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Import pressure in the Latin American steel sector remained high in February 2026 The Latin American steel sector maintained a downward trend in February, while import pressure remained high in the region. In February, purchases in foreign markets accounted for 41 percent of regional visible consumption. During the same period, steel production totaled 4.42 million tons, down...
30.04.2026 14:00
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TUIK: Turkey's steel imports increased by 4.6 percent in the first quarter of 2026 According to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), Turkey's iron and steel import value rose 14.1 percent year-on-year to $1.92 billion in March this year. Iron and steel were the country's sixth-most imported product by value in the month. In...
30.04.2026 13:00
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Commercial vehicle registrations in Europe Increased by 4.2 percent in Q1 2026 According to the European Automobile Manufacturers Association (ACEA), in the first quarter of this year, registrations of new commercial vehicles in the European Union (EU) increased by 4.2 percent year-on-year to 453,378 units.In the first quarter of this year, new truck registrations in the EU...
30.04.2026 13:00
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ArcelorMittal's net profit rises quarter-on-quarter in first-quarter 2026, down year-on-year, with policy support expected Luxembourg steelmaker ArcelorMittal announced financial results for the first quarter of 2026.In the first quarter of this year, ArcelorMittal recorded a net profit of $575 million, compared with a net profit of $177 million recorded in the fourth quarter of 2025. The company's net income fell 28.6...
30.04.2026 12:00
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EU increases energy cost support by up to 70% for energy-intensive industries in times of crisis The European Commission has announced that it has adopted a new interim state aid framework aimed at supporting sectors affected by the economic impact of the Middle East crisis.The Interim Government Assistance Framework for the Middle East Crisis (METSAF) will be in effect until December 31,...
30.04.2026 12:00
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Vietnam's Hoa Phat will supply prestressed steel for infrastructure projects in Phu Quoc According to media reports, Vietnamese steel company Hoa Phat Group will supply prestressed steel cables for a number of infrastructure projects in Phu Quoc, developed in preparation for the 2027 Asia-Pacific Economic Cooperation (APEC) summit.The company's prestressed steel products will be used...
30.04.2026 11:00
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