Metallurgy news

• NLMK reported a decrease in net profit and sales revenue in 2025 The Russian steel company NLMK Group announced financial results in accordance with international financial reporting standards (IFRS) for 2025.In the reporting year, the company's net profit amounted to 63.11 billion rubles. ($778.19 million) compared to net profit of 121.87 billion rubles. in... 30.03.2026  19:00

• Taiwan's production of base metals fell 21.14 percent in February 2026 compared to January. Taiwan's industrial production index fell 11.65 percent in February this year from the previous month and rose 17.83 percent year on year, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index this month increased 3.47... 30.03.2026  18:00

• Severstal is reviewing its budget for 2026 amid weakening demand for steel Russian steel producer Severstal has adjusted its budget for 2026 in response to a significant deterioration in the steel market, as announced by CEO Alexander Shevelev.Severstal stated that the current market situation is becoming increasingly difficult, prompting the company to implement... 30.03.2026  18:00

• Russia's Mechel reported higher net losses in 2025 amid a sharp drop in revenue and EBITDA Mechel, one of the leading Russian mining and metallurgical groups, announced financial and operating results for 2025.Accordingly, last year the company received a net loss of 78.6 billion rubles. ($893 million) compared to a net loss of 37.12 billion rubles. in 2024, and sales revenue amounted to... 30.03.2026  17:00

• Feralpi enters into first local biomethane supply agreement with AB Italy's Feralpi Group is stepping up decarbonization efforts by signing the first local agreement on the supply of biomethane to the steel industry. The group announced this in a press release published today on March 30, which states that the contract signed by Acciaierie di Calvisano with AB... 30.03.2026  17:00

• Aluminum rose in price by 4% due to the Iranian attacks on factories in the Persian Gulf Aluminum prices are rising on Monday on information about the Iranian attacks on the enterprises of the largest Middle Eastern metal producers.Aluminum futures for delivery in three months on the London Metal Exchange (LME), as of 11:10 a.m., are trading at $3,432.5 per ton. Earlier, during... 30.03.2026  17:00

• Japan's steel exports decreased by 10.7 percent in January-February 2026 According to customs statistics published by the Japanese Federation of Ferrous Metallurgy (JISF), in February of this year, exports of iron and steel products from Japan amounted to 2.18 million metric tons, down 4.5 percent month-on-month and 13.2 percent year-on-year.In the period from January... 30.03.2026  16:00

• OECD: Rising energy prices and geopolitics affect global prospects The global economic outlook remains robust, but has weakened due to rising energy prices and geopolitical tensions, according to the March interim economic outlook report from the Organization for Economic Cooperation and Development (OECD).Global GDP growth is projected to remain broadly stable at... 30.03.2026  16:00

• CIL India will build eight coal mines, investing $348 million to increase supply to large consumers, including steel mills Indian state-owned mine Coal India limited (CIL) will build eight new coal mines, entailing an investment of $348 million to boost supplies to major industries including steel, the miner said in a statement on Monday, March 30.The eight new washing machines will have a total capacity of 21.5... 30.03.2026  15:00

• Indian JSL and OREL partially commission a hybrid solar wind power project Indian companies Jindal Stainless Limited (JS) and Oyster Renewable Energy Limited (OREL) have partially commissioned a 315.6 MW hybrid renewable solar wind energy project in the central state of Madhya Pradesh as part of JSL's transition to clean energy, the company said in a statement on Monday,... 30.03.2026  15:00