Metallurgy news

• Shandong Steel returns to net profit in 2025 amid cost management and mergers and acquisitions The Chinese steel company Shandong Iron and Steel Company Ltd announced that in 2025 it recorded operating revenue of 67.253 billion yuan ($9.8 billion), which is 12.11% less than in the previous year, and net profit of 106 million yuan ($15.5 million) for this period. year, moving from loss to... 24.04.2026  13:00

• Imports of steel bars to Georgia from Turkey increased in the first quarter of 2026 In January-March this year, Georgia's total foreign trade turnover with Turkey, which is the country's leading trading partner, amounted to $802.1 million, including imports worth $657.32 million, up 9.2%, and exports worth $144.81 million, up 90.5% year-on-year, according to preliminary data... 24.04.2026  12:00

• OCTG exports to the United States decreased by 13.2 percent in February 2026 compared to January According to export data from the U.S. Department of Commerce, exports of pipe products from the petroleum countries (OCTG) to the United States totaled 11,920 tons in February this year, which is 13.2 percent less than in January and 38.8 percent less than in February 2025. In value terms, OCTG... 24.04.2026  12:00

• Global crude steel production fell 4.2 percent in March 2026 Global crude steel production fell 4.2 percent year-on-year to 159.9 million tons in March this year, according to the World Steel Association.Global crude steel production fell 2.3 percent year-on-year to 459.2 million tons between January and March this year.In March, steel production in Asia was... 24.04.2026  11:00

• SSAB supplies high-strength steel for Kruunuvuori Bridge in Helsinki Swedish steel company SSAB has announced the supply of over 3,000 tons of high-strength structural steel for the Kruunuvuori Bridge in Helsinki, one of the largest bridge projects ever implemented in Finland.The bridge structures are mainly built using high-strength SSAB Domex® steel, especially ... 24.04.2026  11:00

• Daily steel production at CISA plants rose 4.4% in mid-April 2026, and inventories also rose The China Iron and Steel Association (CISA) announced that in mid-April (April 11-20) this year, the average daily production of crude steel by large and medium-sized steel mills in China - all CISA members - was 2.111 million tons, up 0.4 percent from early April (April 1-10) this year.In early... 24.04.2026  10:00

• NBS: Rebar prices in China rose 0.3 percent in mid-April 2026 In mid-April (April 11-20) of this year, the average price in China for HRB 400E 20 mm rebar increased by RMB 8.7/mt ($1.3/mt) or 0.3 percent to RMB 3190.3/mt ($465/mt), compared with the price in early April (April 1-10) as announced by the National Bureau of Statistics of China.During this... 24.04.2026  10:00

• Brazilian sheet metal distributors increased sales by 18.4 percent in March According to INDA, the Brazilian institute of steel distributors, sales of flat products by Brazilian distributors rose 18.4 percent to 351,900 tons in March from 297,200 tons in February.On the same comparative basis, acquisitions by the INDA-linked distribution chain increased 16 percent to... 23.04.2026  20:00

• Metinvest repaid the issue of Eurobonds for $428 million Metinvest B.V. (The Netherlands), the parent company of the mining and metallurgical group Metinvest, has fully repaid Eurobonds worth $428 million at a rate of 8.5% per annum, due on April 23, 2026.The Group has successfully completed the repayment of 2026 war bonds. The repayment was made thanks... 23.04.2026  16:00

• Stainless steel exports from China decreased by 35.17 percent in January-March 2026 Between January and March this year, China's stainless steel imports and exports totaled 408,300 tons and 794,800 tons, up 9.44 percent and 35.17 percent year on year, respectively, according to China's customs authorities.In March alone, China's stainless steel imports and exports totaled 147,400... 23.04.2026  15:00