Metallurgy news
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Global iron ore exports rose sharply after the Chinese New Year holidaysGlobal iron ore exports increased sharply to 28.7 million tons between February 14 and February 20, 2026 (week 08), up 49% from 19.31 million tons (week 07) in the previous week, reflecting a strong recovery after the holidays.The growth was driven by the resumption of consumer activity in China…
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India's NMDC limited and IIT-Hyderabad will collaborate on green steel and mining technologiesIndian iron ore government research and development (R&D) center NMDC limited has signed a memorandum of understanding (MOU) with the Indian Institute of Technology (IIT-Hyderabad) to collaborate on green steel, iron technology and critical minerals, said a joint statement on Friday, February…
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Meranti Green Steel Phased Hydrogen Model for the Duqm HBI projectAccording to CEO Dr. Sebastian Langendorf, Singapore-based steel company Meranti Green Steel plans to promote its Duqm HBI project in Oman through a phased energy transition model, initially combining green hydrogen and natural gas.According to Meranti Green Steel, the first phase of the project…
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Global steel production fell 6.5 percent in January 2026Global steel production in January this year fell 6.5 percent year-on-year to 147.3 million tons, according to the World Steel Association (worldsteel).In January, steel production in Asia was 107.6 million tons, down 8.6 percent, with production in China at 75.3 million tons, down 13.9 percent…
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Fortescue forecasts an increase in net profit and revenue in the first half of 2025-26The Australian iron ore company Fortescue Metals Group has announced its financial results for the first half of the year ended December 31, 2025-26 fiscal year.In the first half of the year, Fortescue's net income was US$1.91 billion, an increase of 23.0 percent compared to the same period of the…
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Proerial India to build amorphous electrical steel production plant for the first time in IndiaProerial India, a subsidiary of Japan's Proerial Private Limited, announced a $148.46 million investment to produce amorphous electrical steel for the first time in India, industry sources said on Thursday, February 26.The project, which will be implemented in the southern state of Andhra Pradesh…
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EUROFER: The EU should recognize steel as a strategic sector under the Industrial Accelerator LawEurope's steel industry has warned that the current draft European Union Industrial Acceleration Act (IAA) risks inadvertently diverting government financial support for low-carbon steel production to suppliers based outside the European Union unless stricter "Made in Europe" provisions are…
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Australia retains AD duties on rebar from ChinaThe Australian Anti-Dumping Commission has announced the results of its review of the anti-dumping Duty (AD) on rebar imports from China for the period from April 1, 2024 to March 31, 2025.The Commission has determined that the expiration of the anti-dumping measures in respect of rebar exports…
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In 2025, the Yaroslavl mine and DMZ paid almost UAH 650 million in taxesThe Sukha Balka mine (Krivoy Rog, Dnepropetrovsk region), part of the DKH group named after Alexander Yaroslavsky, at the Yuvileiny mine prepared a new block of the Golovny iron ore deposit with raw material reserves of 126 thousand tons.Miners of the Yuvileiny mine prepared for production a new…
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Kazakhstan's Qarmet launches manganese mining, aims to quadruple production by 2028Kazakh metallurgical company Qarmet announced the start of manganese ore mining at the West Karazhal deposit, marking the company's entry into manganese mining as a new strategic business segment.According to the company, two underground tunnels at the Atasu mine were connected for the first time…
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