Metallurgy news

• Raw material suppliers at IREPAS: Supply cuts and geopolitics are changing the global scrap market On the final day of the SteelOrbis 2026 Spring Conference and the 94th IREPAS meeting held in Amsterdam on April 26-28, Jens Björkman from Stena Metal International, also Chairman of the Raw Materials Suppliers Committee, shared the committee's assessments of the current dynamics and challenges in ... 28.04.2026  16:00

• IREPAS Manufacturers: Global steel sector is under pressure from costs and weak growth On the last day of the SteelOrbis 2026 Spring Conference and the 94th IREPAS Meeting, held in Amsterdam on April 26-28, Alexander Gordienko, Export Director of the Spanish CELSA Group and chairman of the manufacturers' committee, stated, sharing the conclusions of the manufacturers' committee, that... 28.04.2026  16:00

• India to become a net exporter of finished steel in 2025-26 after a gap of two years India, after a gap of two years, has again become a net exporter of finished steel in fiscal year 2025-26, preliminary government trade data showed on Tuesday, April 28.In fiscal year 2025-2026, India exported 6.6 million tonnes of finished steel, up 36 percent from last year. At the same time,... 28.04.2026  15:00

• India's Jindal SAW Limited expects a 52% drop in net profit in the fourth quarter of fiscal year 2025-2026. Indian company Jindal SAW Limited generated a net profit of INR 1,394.00 million (US$14.79 million) in the fourth quarter (January-March) of the 2025-2026 fiscal year, down 52 percent from last year, according to the company's regulatory authorities on Tuesday, April 28.The company reported an... 28.04.2026  15:00

• Nucor increased its net profit by 4.8 times in the first quarter Nucor Corp., one of the largest steel companies in the United States, increased its net profit by 4.8 times in the first quarter of fiscal year 2026 due to improved results in all three business units.$156 million, or $0.67 per share, compared to last year.Revenue rose to $9.5 billion from $7.83... 28.04.2026  15:00

• The critical furnace-ladle installation No. 1 has been updated at Kametstal The Kametstal plant of the Metinvest Mining and Metallurgical Group, created at the facilities of the Dneprovsky Metallurgical Plant (Kamenskoye, Dnipropetrovsk region), carried out major repairs of the furnace-ladle installation No. 1 in the converter shop. and the temperature before casting on a... 28.04.2026  15:00

• Fenix ​​iron ore supplies reduced in January-March 2026 due to cyclone Australian iron ore producer Fenix Resources said its iron ore shipments in the third quarter of fiscal 2026, ended March 31, were negatively impacted by the closure of the Port of Geraldton in Western Australia due to Tropical Cyclone Narelle.The company's iron ore shipments fell 22 percent to... 28.04.2026  14:00

• The Tanzanian company Lodhia Industries has selected Danieli to supply a reheating furnace for a new complex of long products Tanzanian 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... 28.04.2026  14:00

• Free trade agreement between India and New Zealand will come into force by December 2026 India 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... 28.04.2026  13:00

• Global Toyota car production and sales declined in Q1 2026 Japanese 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... 28.04.2026  13:00