Metallurgy news
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Fushun Special Steel expects a net loss of 770-870 million yuan for 2025 Chinese steel company Fushun Special Steel (Fushun Special Steel), based in liaoning province, announced that it expects to record a net loss of 770-870 million yuan ($110-124 million) for 2025, moving from a net profit of 112 million yuan in 2024.The company stated that orders received and sales...
19.01.2026 13:00
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Trump announced new tariffs on European imports over the Greenland dispute US President Donald Trump announced on social media that the United States will impose new tariffs on imports from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland.According to the statement, an additional 10 percent tariff will apply to all goods exported...
19.01.2026 13:00
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MOC: China's average HRC price rose 0.7 percent between January 5 and 11 The Ministry of Commerce of China (MOC) announced that from January 5 to 11 this year, the average price of finished steel in China increased slightly.During this period, the average prices of HRC, welded steel pipes and steel channels increased by 0.7 percent, 0.5 percent and 0.5 percent per week,...
19.01.2026 12:00
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The Czech company Nová huť plans major investments and preparation of the EAF in 2026 The Czech steel company Nová huť, formerly Liberty Ostrava, has announced that it intends to make significant investments in 2026, focusing on modernization, operational reliability and long-term preparation for the future of its steel production.The company plans to invest up to CZK 150 million (...
19.01.2026 12:00
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Daily steel output at CISA mills rose 21.6% in early January and inventories also rose The China Iron and Steel Association (CISA) reported that at the beginning of January (January 1-10) this year, the average daily crude steel output of large and medium-sized steel mills in China - all CISA members - was 1.997 million tons, up 21.6% from the end of December (December 21-31) last...
19.01.2026 11:00
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India and the EU plan to sign the FTA agreement on January 27 India and the European Union (EU) are likely to sign a free trade agreement (FTA) on January 27, 2026, Indian government officials said on Monday, January 19.Officials said that the free trade agreement between India and the EU is scheduled to be signed on January 27 at the 16th summit between the...
19.01.2026 11:00
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Emsteel and Modon sign a strategic memorandum of understanding on sustainable steel solutions Emsteel, the largest steel producer in the United Arab Emirates, announced the signing of a strategic memorandum of understanding with local company Modon to explore potential collaboration on steel solutions for future development projects.Focus on innovation and sustainabilityUnder the agreement,...
19.01.2026 10:00
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Pig iron imports to Turkey increased by 71.6 percent in January-November 2025 Last November, Turkey's pig iron imports totaled 293,461 metric tons, up 54.6 percent from October and 56.7 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of these imports amounted to $101.07 million, an increase of...
19.01.2026 10:00
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US releases final AD test results for SSSSC from Taiwan The U.S. Department of Commerce (DOC) announced the final results of its administrative review of anti-dumping duties on stainless steel sheets and strip in coils (SSSSC) from Taiwan.The Department of Commerce determined that SSSSC from Taiwan was sold in the United States at below normal prices...
19.01.2026 04:00
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EU and UK to begin talks on linking emissions trading systems Wopke Hoekstra, the European commissioner for climate action, confirmed that the European Union and the United Kingdom are set to begin talks next week on linking their respective emissions trading systems.Speaking in an interview with Reuters, Hoekstra said the talks are part of wider efforts to...
18.01.2026 18:00
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