Metallurgy news
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Metinvest's assistance to Azov reached UAH 600 million in 2025The Metinvest Mining and Metallurgical Group allocated UAH 10.1 billion to support the state and its citizens during four years of full-scale war, of which UAH 7.3 billion was allocated for the needs of the army as part of Rinat Akhmetov's Steel Front military initiative.According to the company's…
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liuzhou Steel will spend 3.722 billion yuan on FAI in 2026Chinese steel company from Guangxi Province liuzhou Iron & Steel Co., Ltd. (liuzhou Steel) announced that it plans to spend 3.722 billion yuan ($0.54 billion) on investment in fixed assets in 2026.Specifically, 510 million yuan ($73.6 million) will be used in newly built projects…
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CIA: 2026 is a crucial year for stabilizing China's real estate marketChina Index Academy (CIA), China's largest independent real estate research organization, said 2026, the start of the "15th Five-Year Plan" period, is a critical year for stabilizing the real estate sector, adding that the core of market stabilization lies in restoring confidence and improving…
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The deadweight of Chinese shipbuilding in 2025 will amount to 53.69 million tons.According to the Chinese Association of the National Shipbuilding Industry (CANSI), in 2025, the total volume of shipbuilding production in China amounted to 53.69 million deadweight tons (deadweight), which is 11.4 percent more than last year.China's deadweight of new orders reached 107.82 million…
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Turkey's base metals production capacity utilization fell in February 2026 compared to JanuaryAccording to preliminary data released by the Central Bank of Turkey, the capacity utilization rate of the Turkish base metals industry was 75.5 percent in February this year, compared with 75.6 percent recorded in the previous month, while the capacity utilization rate of the Turkish base metals…
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Confidence in Turkey's construction sector decreased by 2.1 percent in February 2026 compared to JanuaryAccording to the monthly survey of industry confidence published by the Turkish Statistical Institute (TUIK), the index of confidence in the Turkish construction sector fell in February this year by 2.1 percent to 83.9 points compared to the previous month.According to indexes based on individual…
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Imports of steel ingots to Georgia from Turkey increased sharply in January 2026In January of this year, Georgia's total foreign trade turnover with Turkey, which is the country's leading trading partner, amounted to $247.1 million, including imports of $194.98 million, up 9.9%, and exports of $52.12 million, up 121.9% year-on-year, according to preliminary data provided by…
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Saarstahl renews long-term steel supply agreement with Max Bögl for turbine tower productionGerman long steel manufacturer Saarstahl AG announced that its subsidiary DWK Drahtwerk Köln GmbH (DWK) has renewed its long-term cooperation agreement with power equipment manufacturer Max Bögl Wind AG, expanding a partnership that has been in place since 2015.The updated agreement increases…
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Bukhour and Jindal are collaborating on a steel pipe manufacturing plant in Saudi Arabia.The Saudi investment company Buhur Investment Company announced the signing of an agreement with the Indian company Jindal SAW to establish a new carbon steel pipe production plant in the industrial city of Sudair in Saudi Arabia. The announcement marks a significant increase in local industrial…
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Turkish company Çemtaş reports higher net losses and lower revenues in 2025The Bursa-based Turkish steel company Çemtaş Çelik Makina Sanayi ve Ticaret A.Ş (Çemtaş) has announced its financial and operating results for 2025.Accordingly, Çemtaş reported a net loss of 115.96 million Turkish liras ($2.64 million) for the year, compared with a net loss of 39.04 million Turkish…
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