Metallurgy news
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IREPAS Traders: Geopolitical tensions and rising prices disrupt steel trade flowsSpeaking during a panel session on the final day of the Spring SteelOrbis 2026 conference and the 94th IREPAS meeting, held in Amsterdam on April 26-28, Wilhelm Alf, director of Duferco and chairman of the traders' committee, shared the committee's assessment of current market conditions…
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Exports of steel scrap from Japan fell by 9.8 percent in January-March 2026In March this year, Japanese ferrous scrap exports totaled 596,603 tons, down 7.6 percent from 645,445 tons in the same month the previous year, according to customs statistics. Between January and March this year, the country exported 1.68 million tons of scrap, down 9.8 percent from last…
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China lifts ban on BHP iron ore after parties agree on long-term agreementFollowing the announcement by Australian mining company BHP Billiton last week that it had completed lengthy negotiations on a long-term iron ore agreement with China, Chinese officials this week notified Chinese steel mills that they could use BHP iron ore, which had been banned since late last…
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Exports of structural pipes from the United States in February 2026 decreased by 4.1 percent compared to JanuaryU.S. structural pipe exports totaled 5,930 tons in February of this year, down 4.1 percent from January and 19.2 percent less than February 2025, according to the U.S. Department of Commerce. year.The United States shipped the most structural pipes and pipes to Mexico in February - 2,937 tons…
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Tinplate imports to the United States in February 2026 decreased by 12.4 percent compared to JanuaryAccording to preliminary data from the U.S. Department of Commerce, tinplate imports to the United States totaled 51,471 tons in February this year, which is 12.4 percent less than in January and 48.5 percent less than last year. In value terms, tinplate imports totaled $75.17 million in February…
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Raw material suppliers at IREPAS: Supply cuts and geopolitics are changing the global scrap marketOn the final day of the SteelOrbis 2026 Spring Conference and the 94th IREPAS meeting held in Amsterdam on April 26-28, Jens Björkman from Stena Metal International, also Chairman of the Raw Materials Suppliers Committee, shared the committee's assessments of the current dynamics and challenges in…
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IREPAS Manufacturers: Global steel sector is under pressure from costs and weak growthOn the last day of the SteelOrbis 2026 Spring Conference and the 94th IREPAS Meeting, held in Amsterdam on April 26-28, Alexander Gordienko, Export Director of the Spanish CELSA Group and chairman of the manufacturers' committee, stated, sharing the conclusions of the manufacturers' committee, that…
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India to become a net exporter of finished steel in 2025-26 after a gap of two yearsIndia, after a gap of two years, has again become a net exporter of finished steel in fiscal year 2025-26, preliminary government trade data showed on Tuesday, April 28.In fiscal year 2025-2026, India exported 6.6 million tonnes of finished steel, up 36 percent from last year. At the same time…
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India's Jindal SAW Limited expects a 52% drop in net profit in the fourth quarter of fiscal year 2025-2026.Indian company Jindal SAW Limited generated a net profit of INR 1,394.00 million (US$14.79 million) in the fourth quarter (January-March) of the 2025-2026 fiscal year, down 52 percent from last year, according to the company's regulatory authorities on Tuesday, April 28.The company reported an…
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Nucor increased its net profit by 4.8 times in the first quarterNucor Corp., one of the largest steel companies in the United States, increased its net profit by 4.8 times in the first quarter of fiscal year 2026 due to improved results in all three business units.$156 million, or $0.67 per share, compared to last year.Revenue rose to $9.5 billion from $7.83…
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