Metallurgy news
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Indian JSW Steel Limited to develop coal asset in MozambiqueIndia's JSW Steel Limited will develop the Minas de Revubo coking coal mine in Mozambique in stages, the company said in a statement on Monday, March 16.Located in the Moatize coal basin in Tete province, Minas de Revubo has 850 million tons of reserves and the potential to produce 250 million tons…
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NBS: At the beginning of March 2026, local Chinese prices for rebar increased by 0.2 percentIn early March (March 1-10) this year, China's average price for 20mm HRB 400E rebar rose by RMB 6.8/t ($1.0/t) or 0.2 percent to RMB 3,162.7/t ($458/t) compared with the price at the end of February (Feb 21-28), China's National Bureau of Statistics announced. During the period, average prices for…
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Steel production in China decreased by 3.6 percent in January-February 2026In the period from January to February of this year, China's production of pig iron, crude steel and finished steel totaled 137.7 million tons, 160.34 million tons and 221.19 million tons, down 2.7 percent, 3.6 percent and 1.1 percent year-on-year, respectively, according to the National Bureau of…
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US Commerce Department SIMA data shows steel import permits rose 5.2 percent in February.Based on the latest data from the Commerce Department's Steel Import Monitoring and Analysis (SIMA), the American Iron and Steel Institute (AISI) reported today that steel import permit filings for February totaled 1,651,000 net tons (NT), up 5.2 percent from the 1,569,000 MT permits recorded in…
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Grupo SIMEC reports net profit fell 85 percent from 2024 to 2025Mexican long products manufacturer SIMEC reported net income of MXN 1.532 billion ($85.7 million) for 2025, down significantly from the MXN 3.152 billion net income it posted in 2024, the company said in a press release today.The company reported a negative net financial result of MXN 2.493 billion…
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Exports of wire rod from Brazil fell sharply in February despite rising imports, SECEX reportsAccording to data released today by Brazil's Secretariat of Foreign Trade (SECEX), part of the country's Ministry of Industry, Development and Foreign Trade, wire rod exports from Brazil totaled a paltry 32,400 metric tons (t) in February, down nearly 54 percent from the 69,600 t recorded a month…
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Economists oppose €2 billion Dutch government bailout for Tata Steel NederlandA large group of Dutch economists has called on the Dutch government not to provide the proposed €2 billion government support to Tata Steel Nederland under individual agreements linked to the company's decarbonization plans.In the letter setting out their position, the economists argued that from…
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YUNESID: Steel production in Spain decreased by 24 percent in January 2026According to the Spanish steel producers Association UNESCO, in January of this year, steel production in Spain totaled 789,000 tons, an increase of 15.0 percent month-on-month and a decrease of 24.0 percent year-on-year.This month, the Spanish steel industry processed 695,000 tons of scrap for use…
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Shipments of CR steel strips in Japan rose 7.2 percent in January 2026 compared to DecemberIn January this year, shipments of cold-rolled sheet and strip in Japan rose 7.2 percent from the previous month and rose 1.7 percent year-on-year to 391,845 metric tons. According to the Japan Iron and Steel Federation (JISF), 51.1 percent of shipments were made to the domestic market and the…
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Ioannis Manessis becomes Chairman of IREPAS NewsBy decision of the IREPAS Board, Ioannis Manessis, head and co-owner of Hellenic steel producer Halyvourgia S.A., assumed the duties of Murat Cebecioglu, who has served as Chairman of IREPAS since 2016.Over the past 25 years, Mr. Manessis has held several senior positions in the company, including…
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