Metallurgy news
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Ukrainian Metinvest reported a decrease in net loss and revenue in 2025Ukrainian mining and metals group Metinvest announced financial results for 2025.In the reporting year, the company reported a net loss of $191 million compared to a net loss of $1.15 billion a year earlier, and sales revenue amounted to $7.24 billion, down 5.5% year-on-year, mainly due to the…
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HRC exports from the United States in February 2026 decreased by 5.5 percent compared to JanuaryAccording to the U.S. Department of Commerce, exports of hot-rolled coils to the United States in February this year totaled 48,455 tons, which is 5.5 percent less than in January and 2.8 percent higher than in February 2025. In value terms, exports of heat-rolled products totaled $53.52 million in…
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India and Russia begin negotiations to expand cooperation in the steel industryIndia and Russia have initiated engagement to explore expanded sourcing of raw materials, technological cooperation, equipment manufacturing and research capabilities between the countries in the steel sector, according to an official government announcement on Friday, April 17.A Russian…
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HDG imports to the United States in February 2026 decreased by 26.6 percent compared to January.According to preliminary data from the U.S. Department of Commerce, imports of hot-dip galvanized sheets to the United States totaled 71,861 tons in February this year, which is 26.6 percent less than in January and 54.2 percent less than in February 2025. 181.33 million dollars in the same month…
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Eurozone industrial production in February 2026 increased by 0.4 percent compared to JanuaryIn February this year, seasonally adjusted industrial production increased by 0.4 percent in the eurozone and by 0.4 percent in the EU compared to January. Industrial production fell 0.8 percent in the euro area and 0.9 percent in the EU in January. In February 2026, compared with February 2025…
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CISA assesses the impact of the EU CBAM on steel exports from ChinaThe China Association of Metallurgy and Steel (CISA) has announced that it has held a high-level symposium to assess the impact of the EU Carbon Boundary Regulation Mechanism (CBAM) on Chinese steel exports.The symposium gathered more than 140 participants, including representatives of major…
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South Korea's POSCO calls for joint action to decarbonize steelChang In-hwa, chairman of South Korean steel company POSCO Holdings, stressed the importance of closer international cooperation to support the steel industry's transition to decarbonization. He delivered the message during a meeting of the World Steel Association's executive committee in…
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The United States has released the final results of the NOES completion reviews in six countries.The U.S. Department of Commerce (DOC) has announced the final results of the review of anti-dumping duties on non-oriented silicon steel from Sweden, Germany, China, Korea, Taiwan and Japan, as well as orders on countervailing duties on the same products from China and Taiwan.The Ministry of…
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Alcoa reduced revenue and profit in the first quarterAlcoa, an American aluminum company, reduced revenue and adjusted profit in the first quarter, and both indicators were weaker than market forecasts. the same period last year. Alcoa's revenue decreased to $3.19 billion last quarter from $3.37 billion a year earlier.Experts surveyed by FactSet, on…
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EU approves €3.8 billion German aid scheme for energy-intensive industriesThe European Commission has announced that it has approved a €3.8 billion German government aid scheme aimed at supporting energy-intensive industries by temporarily lowering electricity prices.The measures fall under the Clean Industrial Deal government aid framework and are designed to address…
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