Metallurgy news
-
Commercial vehicle registrations in Europe Increased by 4.2 percent in Q1 2026According 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…
-
ArcelorMittal's net profit rises quarter-on-quarter in first-quarter 2026, down year-on-year, with policy support expectedLuxembourg 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…
-
EU increases energy cost support by up to 70% for energy-intensive industries in times of crisisThe 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…
-
Vietnam's Hoa Phat will supply prestressed steel for infrastructure projects in Phu QuocAccording 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…
-
The Indian government is planning a second round of funds injection into RINL to help maintain operational viability.The Indian government is planning a new round of equity financing in the amount of about $854 million to the state-owned steel producer Rashtriya Ispat Nigam Limited (RINL) to support the company's operations, which are experiencing financial difficulties, government sources said on Thursday, April…
-
India's INOX Air commissions ASU at Tata Steel limited's new EAF-based Ludhiana plantINOX Air Products Private limited has commissioned a high-capacity cryogenic air separation unit (ASU) at Tata Steel limited's newly commissioned electric arc furnace (EAF) steel plant at Ludhiana in the northern state of Punjab, the company said in a statement on Thursday, April 30.The 280 mt per…
-
DGTR of India recommends extending the AD duty on imports of meth-coke for five years, but at lower ratesThe Indian Directorate General of Commercial Remedies (DGTR) under the Ministry of Commerce has recommended extending the anti-dumping duties (AD) on MET coke for five years, but lower than the temporary existing rates, according to a government notification on Thursday, April 30.DGTR stated in its…
-
Steel production in Argentina increased by 42.3 percent in March amid volatile demandAcero Argentino (AA), the Argentine Chamber of the Steel Industry, reported that the country's crude steel production reached 387,400 tons in March, more than 42 percent higher than the total of 272,200 tons in February.On a similar comparative basis, HRC production increased by 114 percent to…
-
Arequipa's net profit fell 9.5 percent in the first quarter of 2026 amid lower operating performance.Peruvian steelmaker Corporacion Aceros Arequipa reported net income equivalent to $20.324 million tons for the first quarter of 2026, compared to $22.467 million tons for the same period in 2025.Net sales decreased 7.15 percent to $321.041 million, production costs decreased 7.43 percent to…
-
US issues final order for rebar from AlgeriaThe U.S. Department of Commerce (DOC) has released the final results of its administrative review of the anti-dumping duty (AD) order on reinforced concrete reinforcing bars (rebar) from Algeria for the period beginning April 1, 2024 review. The DOC determined the weighted average dumping margin to…
Pages
← previous
next →
