Metallurgy news
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US Steel reopens Granite City B blast furnace after more than two years to meet demandAmerican steel company United States Steel (US Steel) has announced that it has successfully restarted Blast furnace B at its Granite City Works plant in Illinois, returning the plant to operation after more than two years of downtime.The furnace has been shut down since 2023 and is now producing…
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Bayi Steel reports a net loss of 1.879 billion yuan for 2025Chinese metallurgical company Bayi Iron and Steel Co., Ltd. (Bayi Steel), based in the Xinjiang Autonomous Region, announced that it recorded operating revenue of 18.75 billion yuan ($2.7 billion) in 2025, up 0.43% year-on-year, while a net loss of 1.879 billion yuan ($0.27 billion) for the period…
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China to build high-speed railway under Yangtze RiverThe world's largest high-speed railway tunneling machine is currently being operated at a depth of 89 meters under the Yangtze River as part of the major Shanghai-Chongqing-Chengdu High-Speed Railway project with an estimated total investment exceeding 500 billion yuan ($72.5 billion). The project…
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Anshan Iron & Steel reports net loss of 4.068 billion yuan for 2025Chinese steel company Anshan Iron and Steel Co., Ltd. (Anshan Iron & Steel), located in liaoning Province, announced that it recorded operating revenue of 96.052 billion yuan ($13.9 billion) in 2025, down 8.61% year-on-year, and posted a net loss of 4.068 billion yuan ($0.59 billion) for the year…
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Indian KFIL resumes operation of Solapur foundry plant using alternative energy for LPGThe Indian company Kirloskar Ferrous Industries Limited (KFIL) has resumed steel casting production in the western state of Maharashtra after a short-term shutdown due to a shortage of liquefied petroleum gas (LPG), the company said in a statement on Tuesday, March 31.The company said that the…
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Rig count decline in US and Canada - Week 13 of 2026Baker Hughes reported that for the week ended March 27, 2026, the number of rotary drilling rigs in the United States fell by nine rigs for the week to 543.The number of gas drilling rigs decreased by four to 127 , and the number of oil drilling rigs fell by five to 409. The total number of…
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Brazilian HDG exports fell 67 percent in February, although imports tripled.Brazil exported 12,400 tons of hot-dip galvanized (HDG) products in February, while the country imported 99,600 tons of HDG versus 37,500 tons and 24,900 tons, respectively, a month earlier, according to Secex, the country's foreign trade secretariat at the Ministry of Development, Industry and…
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NLMK reported a decrease in net profit and sales revenue in 2025The Russian steel company NLMK Group announced financial results in accordance with international financial reporting standards (IFRS) for 2025.In the reporting year, the company's net profit amounted to 63.11 billion rubles. ($778.19 million) compared to net profit of 121.87 billion rubles. in…
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Taiwan's production of base metals fell 21.14 percent in February 2026 compared to January.Taiwan's industrial production index fell 11.65 percent in February this year from the previous month and rose 17.83 percent year on year, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index this month increased 3.47…
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