Metallurgy news
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Severstal acquires new steelmaking center to expand steel pipe productionThe Russian steel company Severstal has announced the acquisition of the Dmitrovsky Metallocenter (DMC) production and warehouse complex in the Moscow Region, which will strengthen the pipe business of Severstal Networks and expand the range of services for small and medium-sized enterprises.The…
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EUROFER: in the first half of 2026, steel imports to the EU will decrease by 5%, and the trade deficit will decreaseСогласно отчету Европейской ассоциации производителей стали (EUROFER) "Перспективы развития экономики и рынка стали на 2026-2027 гг./3 квартал 2026 г.", импорт стали в ЕС сократился на пять процентов в годовом исчислении в первой половине 2026 г. после исключительного роста в последнем квартале…
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Arabian Pipes has signed two more contracts for the supply of steel pipes for Saudi AramcoSaudi Arabia-based steel pipe manufacturer Arabian Pipes Company has announced the signing of two contracts with Saudi Aramco for the production and supply of steel pipes with a total value of about 199 million Saudi riyals (53.1 million dollars).The first contract, signed on September 28, is…
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MAIL Limited plans to increase manganese ore production by 19% in September 2026The Indian state-owned company MOIL Limited produced 181,000 tons of manganese ore in September 2026, which is 19% more than in the same month last year, the company said in a statement released on Monday, October 5. Sales for the month totaled 164,000 tons, an increase of 15.5%. Total manganese…
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Turkey's Isdemir is increasing production of high-quality steel for the defense and electrical industriesMurat Yalcintash, CEO of OYAK, who visited the Isdemir plant in Iskenderun and met with employees on the occasion of the company's 56th anniversary, said that Isdemir is one of the strategic companies supporting the production capacity of the OYAK ecosystem..Mr. Yalcintash stated that the plates…
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Brazil's fourth largest iron ore producer has been hit by high freight rates between Brazil and China and low ore prices.Cabo Verde Mineração, a small iron ore mining company based in the southern state of Minas Gerais, has reportedly suspended operations at the Katumbi mine located between the municipalities of Katumbi and Muzambinho. Earlier, CSN Mineração, Itaminas and Usiminas Mineração also reduced production…
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Chile's economy shrank by 1% in August amid a 17.4% drop in the mining industry.%The Central Bank of Chile reported that the economy contracted by 1 percent in August 2026 compared to August 2025, according to the IMACEC index, the main indicator of economic activity in the country.The decrease mainly reflects a 17.4 percent reduction in mining, particularly in the copper…
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Algoma Steel expects negative adjusted EBITDA in the third quarter due to power outageCanadian company Algoma Steel Group Inc. (Algoma) has released its third-quarter guidance, which immediately outlines how the effects of a power outage at the Lake Superior Power (LSP) plant temporarily limited production of electric arc furnaces (EDP) and how the third-quarter results reflect…
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Car sales in Turkey decreased by 13.4% in January—September 2026In September of this year, sales of passenger cars and light commercial vehicles in Turkey increased by three percent month-on-month and decreased by 24.3 percent year-on-year to 83,469 units, according to statistics released by the Turkish Automobile Distributors and Mobility Association (ODMD)…
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Kobe Steel to reduce production CO2 emissions by 23% in 2025, approaching the target for 2030Japanese steel company Kobe Steel has announced that it has reduced carbon dioxide emissions from its production processes by 23 percent in fiscal year 2025 compared to fiscal year 2013, according to ESG. 2026.The company plans to reduce emissions by 30 percent by fiscal year 2030 and carbon…
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