Metallurgy news
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Alleima wins pipe order for UK’s Sizewell C nuclear plantSwedish company Alleima has received an order to supply tubes and pipes for the Sizewell C nuclear power project in Suffolk, eastern England. The products will be used for two planned EPR1600 reactors.Alleima’s Tube division booked the order in the fourth quarter of 2026. Deliveries are due to…
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China’s steel sector profit plunges 73.3% in first nine monthsChina’s ferrous metal smelting and rolling sector recorded gross profit of RMB 24.34 billion in January–September 2026, down 73.3% from a year earlier, the National Bureau of Statistics said on October 27.The sector posted a gross loss of RMB 5.09 billion in September. The bureau said the industry…
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Baotou Steel Union raises nine-month net profit by 94.22%Chinese steelmaker Baotou Steel Union reported net profit of RMB 452 million ($67.3 million) for January-September 2026, up 94.22% from the same period a year earlier.Revenue for the nine months fell 10.53% to RMB 43.02 billion ($6.4 billion). In July-September, net profit rose 112.11% year on year…
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US drawn wire exports rise 7.3% in AugustThe US exported 7,130 metric tons of drawn wire in August 2026, up 7.3% from July and 12.9% from a year earlier, according to data from the US Department of Commerce. The shipments were valued at $18.2 million, compared with $19.3 million in July and $16 million in August 2025.Mexico was the…
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US coil plate imports rose 66.6% in AugustThe US imported 101,019 metric tons of plates in coil in August 2026, up 66.6% from July and 49.6% from a year earlier. The figures come from preliminary census data released by the US Department of Commerce.The value of imports reached $70.6 million, compared with $42.6 million in July and $45.3…
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US tin plate exports fell 10.9% in AugustThe United States exported 2,804 metric tons of tin plate in August 2026, down 10.9% from July and 24% from a year earlier, according to data from the US Department of Commerce.Exports were valued at $3.1 million, unchanged from July and below the $4.3 million recorded in August 2025. India was the…
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Nucor’s third-quarter net income rises 14.1%US steelmaker Nucor reported net income of $1.32 billion in the third quarter of 2026, up 14.1% from the previous quarter and 117.3% from the same period in 2025.Revenue rose 8.2% quarter on quarter and 32% year on year to $11.25 billion. Sales to external customers totaled 7.53 million short tons…
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US keeps duties on welded wire mesh from MexicoThe US Department of Commerce has kept antidumping and countervailing duty orders on standard steel welded wire mesh from Mexico in place. The decision follows the first sunset reviews of the orders.The Department of Commerce and the US International Trade Commission found that revoking the duties…
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Gerdau’s Q3 profit jumps 43.4% on stronger North American pricesBrazilian steelmaker Gerdau reported net profit of $293.264 million for the third quarter of 2026, up 43.4% from a year earlier. The company attributed the increase mainly to higher realized prices in North America, which offset rising local costs.Revenue rose 3.9% to $3.506 billion, while…
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China’s aluminum output rose 3.8% in the first nine monthsChina produced 35.03 million tonnes of primary aluminum from January to September, up 3.8% from the same period a year earlier, according to the National Bureau of Statistics of China.September output increased 3.1% year on year to 3.91 million tonnes. Production in the third quarter reached 11.84…
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