Metallurgy news
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Tubacex profits fell in the first half of 2026 amid disruptions in the Middle East and weaker ordersSpanish seamless stainless steel pipe manufacturer Tubacex announced financial results for the second quarter and first half of this year.The company reported a net loss of €0.6 million in the quarter, compared with a net profit of €7.7 million in the second quarter of 2025, and sales revenue of…
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Ferrexpo's export operations suffered after a Russian drone attack on a Black Sea vessel carrying iron ore pellets.Swiss mining company Ferrexpo, whose main interests are related to Ukrainian iron ore assets, announced that a crew member died after a ship carrying the company's products was hit by Russian drones in the Black Sea, adding that the incident disrupted its export operations and negatively affected…
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Iron ore exports through Port Hedland rose 1.3 percent in June 2026 compared to MayIn June of this year, iron ore shipments from Australia's Port Hedland increased by 1.3 percent month-on-month and decreased by 5.3 percent year-on-year, amounting to 51,710,492 tons.According to information published by the Port Hedland Authority, in this month, iron ore shipments from Port…
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GravitHy promotes the Fos-sur-Mer low-carbon iron project with the submission of a permitGravitHy, a French low-carbon iron producer, has announced that it has applied for a permit for its flagship project in Fos-sur-Mer, marking a key milestone in the development of its planned low-carbon iron production.The company said the submission follows several years of engineering work…
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India's SMEL commissioned 8.9 MW solar power plant at Jamuria Steel Plant in West BengalIndia's Shyam Metalics and Energy limited (SMEL) has commissioned an 8.90 megawatt (MW) peak solar power plant at its Jamuria steel plant in the eastern state of West Bengal, the company said in a statement on Tuesday, July 28.The installation, developed by subsidiary Shyam Sel and Power limited…
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Severstal has developed digital installation technology for the modernization of the CherMK galvanizing lineThe Design Institute of the Russian steel company Severstal-Project has developed a three-dimensional digital model for the modernization of a continuous hot-dip galvanizing line at the Cherepovets Metallurgical Combine (CherMK), which will allow the company to eliminate potential spatial…
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China's shipbuilding output grew 51.2 percent in the first half of 2026China's total shipbuilding output was 36.5 million deadweight tons (dwt) between January and June this year, up 51.2 percent year-on-year, according to the China Association of National Shipbuilding Industry (CANSI). During the period, China's new ship orders reached 121.06 million dwt, up 173.1…
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New bonds issued by local governments in China totaling 612.8 billion yuan in June 2026.According to the Chinese Ministry of Finance, the volume of new bonds issued by local governments in China in June this year amounted to 612.8 billion yuan (90.3 billion US dollars), which is 53.3 percent of the total volume of bonds issued by local governments.In the first six months, the total…
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US crude steel production to rise 1.5 percent - Week 30 of 2026According to the American Iron and Steel Institute (AISI), for the week ending July 25, 2026, U.S. domestic crude steel production was 1.858 million net tons, with a capacity utilization rate of 80.5 percent.Production for the week ending July 25, 2026 was up 1.5 percent from the previous week…
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OCTG imports to the United States in May 2026 increased by 41.9 percent compared to AprilAccording to preliminary data from the U.S. Department of Commerce, imports of petroleum pipe products (OCTG) to the United States totaled 102,835 tons in May this year, up 41.9 percent from April and down 45.9 percent year-on-year. In value terms, OCTG imports totaled $123.0 million in May…
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