Metallurgy news

• Global DRI production increased 5.3 percent in 2025 According to data released by the World Steel Association (Worldsteel), global direct reduction iron (DRI) production in 12 countries, accounting for approximately 85 percent of total global DRI production in 2024, totaled 11.04 million metric tons in December 2025, down 1.7 percent per month and... 26.01.2026  14:00

• Danieli modernizes round section production for Ukrainian Interpipe Italian manufacturing plant Danieli has announced the award of an order from Ukrainian steel pipe and rail products manufacturer Interpipe for a new 310mm round upgrade for the No. 2 continuous casting machine at the Ukrainian manufacturer's EAF-based steel complex.Danieli explained that its scope... 26.01.2026  13:00

• SMS Group opens new production facility in Ahmedabad to serve Indian steel market The German plant manufacturer SMS Group has announced the opening of a new state-of-the-art manufacturing facility in Sanand near Ahmedabad, marking a further expansion of the company's manufacturing presence in India.Facility size and production capacitySMS Group stated that the new production... 26.01.2026  13:00

• EU carbon tax forces ArcelorMittal Krivoy Rog to stop one of its main seminars Krivoy Rog Mining and Metallurgical Plant PJSC "ArcelorMittal Krivoy Rog" (AMKR, Dnepropetrovsk region) announces the forced closure of the thriving workshop in the second quarter of 2026According to the company's press release on Monday, this decision is not easy, but is objectively due to the... 26.01.2026  13:00

• Fitch has revised Turkey's outlook to positive, affirming its sovereign rating of 'BB-' International credit rating agency Fitch Ratings announced that it has revised the outlook on Turkey's long-term foreign currency issuer default rating to positive from stable, affirming the sovereign rating at 'BB-'.In Fitch's view, the revised outlook reflects a faster-than-expected strengthening... 26.01.2026  12:00

• EU import quotas for some flat steel products have been exhausted for almost one month As the first month of the EU quota period from January 1 to March 31 approaches, some import quotas for certain types of steel products allocated to Turkey, Taiwan and China have already been exhausted, while more than 60 percent of quotas for some types of steel products have been used up,... 26.01.2026  12:00

• Ukrzaliznytsia sold 60 thousand tons of scrap in 2025 The Ukrainian Railways (Ukrzaliznytsia) sold 60 thousand tons of scrap metal in 2025, receiving approximately 400 million UAH ($ 9.27 million) in revenue, local media reported.In the period from June 2025 to January 2026, Ukrzaliznytsia held 209 auctions for the sale of scrap metal, during which... 26.01.2026  11:00

• Daily steel production at CISA plants decreased by 0.9% in mid-January, stocks increased The China Association of Ferrous Metallurgy (CISA) reported that in mid-January (January 11-20) of this year, the average daily volume of crude steel production by large and medium-sized steel mills in China - by all CISA members - amounted to 1,979 million tons, which is 0.9% less than in early... 26.01.2026  10:00

• Bayi Steel expects a net loss of 1.85-2.05 billion yuan in 2025 Chinese steel company Bayi Iron and Steel Co., Ltd. (Bayi Steel) of the Xinjiang Autonomous Region said it expects a net loss of 1.85-2.05 billion yuan ($0.26-0.29 billion) in 2025, compared with a net loss of 1.752 billion yuan recorded in 2024.The company said the steel industry is in a period of... 26.01.2026  09:00

• NBS: In mid-January 2025, local Chinese rebar prices increased by 0.3 percent In mid-January (January 11-20) of this year, the average price in China for 20mm HRB 400E rebar increased by 10.9 yuan/ton (US$1.6/ton) or 0.3 percent to 3,202.5 yuan/ton (US$457.5/ton) compared to the price at the beginning January (January 1-10), as announced by the National Bureau of Statistics... 26.01.2026  09:00