Metallurgy news

• Saarstahl Ascoval signs long-term supply agreement with Mannesmann Precision Tubes The French company Saarstahl Ascoval, part of the Saarstahl group, announced the signing of a long-term supply agreement with the German company Mannesmann Precision Tubes. The partnership includes the supply of semi-finished steel products for tubular applications in the automotive and industrial... 29.04.2026  11:00

• The 20th package of EU sanctions further tightens restrictions on Russian steel-related trade The European Union has adopted its 20th package of sanctions against Russia, introducing new trade, energy, finance, and anti-circumvention measures aimed at weakening Russia's military economy. For the metallurgical sector, the most urgent measures are new restrictions on the import of certain... 29.04.2026  11:00

• Xinxing Ductile Iron Pipes' net profit for 1Q 2026 was 197 million yuan Chinese steel company Xinxing Ductile Iron Pipes Co., Ltd. (Xinxing Ductile Iron Pipes), based in Hebei Province, announced that in January-March this year it recorded operating revenue of 9.876 billion yuan ($1.4 billion), up 17.93% year-on-year, and net profit for the period was 197 million yuan ... 29.04.2026  10:00

• CISA: Large and medium-sized Chinese metallurgists see 5.1% drop in gross profit in the first quarter of 2026 On April 29, Jiang Wei, Vice President of the Chinese Association of Ferrous Metallurgy (CISA), said that the total operating revenue of large and medium-sized metallurgical enterprises in China - all CISA members - amounted to 1.4895 trillion in January-March of this year. yuan ($0.22 trillion),... 29.04.2026  10:00

• Gerdau reported 32% rise in net profit for the first quarter of 2026 Brazilian group Gerdau reported consolidated net profits equivalent to US$203.485 million for the first quarter of 2026, up 32 percent from the same period in 2025.Although net sales fell 3.8 percent to $3.356 billion and production costs fell 6.5 percent to $2.895 billion, gross profit increased... 28.04.2026  20:00

• IREPAS Traders: Geopolitical tensions and rising prices disrupt steel trade flows Speaking during a panel session on the final day of the Spring SteelOrbis 2026 conference and the 94th IREPAS meeting, held in Amsterdam on April 26-28, Wilhelm Alf, director of Duferco and chairman of the traders' committee, shared the committee's assessment of current market conditions,... 28.04.2026  19:00

• Exports of steel scrap from Japan fell by 9.8 percent in January-March 2026 In March this year, Japanese ferrous scrap exports totaled 596,603 tons, down 7.6 percent from 645,445 tons in the same month the previous year, according to customs statistics. Between January and March this year, the country exported 1.68 million tons of scrap, down 9.8 percent from last ... 28.04.2026  18:00

• China lifts ban on BHP iron ore after parties agree on long-term agreement Following the announcement by Australian mining company BHP Billiton last week that it had completed lengthy negotiations on a long-term iron ore agreement with China, Chinese officials this week notified Chinese steel mills that they could use BHP iron ore, which had been banned since late last... 28.04.2026  18:00

• Exports of structural pipes from the United States in February 2026 decreased by 4.1 percent compared to January U.S. structural pipe exports totaled 5,930 tons in February of this year, down 4.1 percent from January and 19.2 percent less than February 2025, according to the U.S. Department of Commerce. year.The United States shipped the most structural pipes and pipes to Mexico in February - 2,937 tons,... 28.04.2026  17:00

• Tinplate imports to the United States in February 2026 decreased by 12.4 percent compared to January According to preliminary data from the U.S. Department of Commerce, tinplate imports to the United States totaled 51,471 tons in February this year, which is 12.4 percent less than in January and 48.5 percent less than last year. In value terms, tinplate imports totaled $75.17 million in February... 28.04.2026  17:00