Metallurgy news
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The Tanzanian company Lodhia Industries has selected Danieli to supply a reheating furnace for a new complex of long productsTanzanian steel producer Lodhia Industries has signed a contract with Danieli Centro Combustion India for the supply of a new pusher superheating furnace with a capacity of 50 tons per hour for its new bar and wire rod production facility in Tanzania. The commissioning of the new industrial…
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Free trade agreement between India and New Zealand will come into force by December 2026India and New Zealand have signed a comprehensive free trade agreement (FTA), the provisions of which will come into force by December 2026, the government said in a statement on Tuesday, April 28.Under the agreement, India will receive 100 percent duty-free market access, a foreign direct…
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Global Toyota car production and sales declined in Q1 2026Japanese automaker Toyota Motor Corporation announced that its global vehicle production increased 2.1 percent year-on-year to 902,210 units in March this year. In particular, the company's domestic output fell 3.3 percent to 293,426 units, while its foreign output rose 4.9 percent year-on-year to…
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Ukrainian Kametstal is overhauling BF No. 9 to ensure stable productionThe Ukrainian company Kametstal has announced the start of a major overhaul of blast furnace No. 9, aimed at ensuring long-term operational reliability and stable productivity.The overhaul includes the maintenance and replacement of critical equipment that can only be serviced while the furnace is…
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Anglo American reported a decrease in iron ore production in the 1st quarter of 2026British mining giant Anglo American has announced production results for the first quarter of this year.In the first quarter, the company produced 15.2 million tons of iron ore, which is 1.3% less than in the same quarter of the previous year, due to slightly lower production levels in Coomba and…
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Nucor reports strong first-quarter profit on record steel mill shipmentsNucor Corporation reported consolidated net income of $743 million for the first quarter of 2026, compared to consolidated net income of $378 million in the fourth quarter of 2025 and $156 million in the first quarter of 2025. Net sales for the first quarter of 2026 were $9.50 billion, compared to…
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China claims 71.61% of new shipbuilding orders worldwide in the first quarter of 2026In the first three months of this year, new shipbuilding orders totaling 17.58 million CGT were placed on the global market, while China attracted 12.39 million CGT, ranking first in the global market, while South Korea received 3.75 million CGT, ranking second, which is 70 percent and 20 percent…
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INSG predicts a nickel shortage on the global market in 2026Primary nickel production in the world in 2026 will decrease by 4.3% and amount to 3.715 million tons, predicts the International Nickel Research Group (INSG).At the end of 2025, it increased by 8.1% to 3.88 million tons.These estimates do not take into account the possibility of any significant…
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The production of untreated steel in the United States decreased by 1.0 percent in the 17th week of 2026.According to the American Institute of Iron and Steel (AISI), for the week ending April 25, 2026, domestic production of raw steel in the United States amounted to 1.830 million net tons, and the capacity utilization rate was 79.3 percent.Production for the week ending April 25, 2026 decreased by…
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Shougang Hierro's profit in Peru jumped 31.8 percent thanks to lower tax burden in the first quarter of 2026Peruvian iron ore producer Shougang Hierro Peru (SHP) reported net income equivalent to $94.528 million for the first quarter of 2026, compared to $71.730 million for the first quarter of 2025.The increase in profit primarily reflects the lower impact of income tax charges in the first quarter of…
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