Metallurgy news
-
POSCO reports improved 1Q 2026 results despite rising raw material costsSouth Korean metallurgical company Pohang Iron and Steel Co. (POSCO) announced consolidated financial results for the first quarter of 2026.The company reported operating income of KRW 707 billion ($479.67 million) for the quarter, compared to operating income of KRW 13 billion in the fourth…
-
Czech Sev.en proposes joint bid of British Steel with SSUKCzech energy and investment group Sev.en Global Investments has expressed interest in a possible joint bid for British Steel and Speciality Steel UK, arguing that a single buyer can create a stronger and more stable future for the UK steel industry, according to a report by The Guardian. The…
-
Alumash shareholders will be offered to pay UAH 10 million in dividends for 2025PJSC Dneprovsky Alumash Plant, which produces aluminum profiles, intends to allocate UAH 10 million of net profit for dividends in 2025.According to the company's information in the information disclosure system of the National Securities and Stock Market Commission, the relevant issue is on the…
-
India's JSL reports 27.5% net profit growth in fiscal 2025-26India's Jindal Stainless limited (JSL) achieved net profit of INR 8.43 billion ($88.68 million) in the fourth quarter (January-March) of fiscal year 2025-26, an increase of 42.7% year-on-year, according to the company's report on Tuesday, May 5.The company's total sales revenue for the quarter was…
-
Indian passenger Car Markers Achieved double-digit sales in April 2026Passenger car sales in India, indicated by shipments from manufacturers to dealers, showed steady double-digit growth in April 2026, according to data released by the companies on Tuesday, May 5.The largest passenger car manufacturer in terms of market share, Maruti Suzuki India Limited (MSIL)…
-
US releases final results of CVD sunset survey from Turkey PCThe U.S. Department of Commerce (DOC) has released the final results of its expedited first review of a countervailing duty (CVD) order on steel wire prestressed concrete (PC) strands from Turkey, determining that withdrawal of the order would likely result in the continuation or resumption of…
-
US releases final results of AD sunset surveys across PC destinations from 15 countriesThe U.S. Department of Commerce (DOC) has released the final results of its expedited first review of antidumping duty (AD) orders on prestressed concrete (PC) strands from Argentina, Colombia, Egypt, Indonesia, Italy, Malaysia, the Netherlands, Saudi Arabia, South Africa, Spain, Taiwan, Tunisia…
-
The production of untreated steel in the United States increased by 1.4 percent in the 18th week of 2026.According to the American Institute of Iron and Steel (AISI), for the week ending May 2, 2026, domestic production of raw steel in the United States amounted to 1,856 million net tons, and the capacity utilization rate was 80.4 percent.Production for the week ending May 2, 2026 increased by 1.4…
-
Siderperu's net profit grew by 54.4 percent in the first quarter of 2026Peruvian steelmaker Siderperu reported net income of $14.639 million for the first quarter of 2026, up 54.4 percent from the $9.483 million achieved in the same period in 2025.The company attributes the sharp increase in net income to higher sales volumes, improved operating efficiency and lower…
-
The number of drilling rigs in the US increases, in Canada it decreases - Week 18 of 2026.Baker Hughes reported that for the week ended May 1, 2026, the number of U.S. rotary drilling rigs increased by three rigs each week to 547.The number of gas production rigs increased by one to 130, and the number of oil production rigs increased by one to 408. The total number of U.S. drilling…
Pages
← previous
next →
