Metallurgy news

• SSAB provides funding of 20 million euros for a non-fossil fuel steel research and development program Swedish specialty steel manufacturer SSAB has announced that it has received 20 million euros in funding from Finnish government innovation finance organization Business Finland for its five-year research and development program, Sustainable Peace through Steel, aimed at accelerating the transition... 23.04.2026  15:00

• Nanjing Steel reported net profit growth of 3.23% for January-March 2026 China steel company Nanjing Iron and Steel Co., Ltd (Nanjing Steel) from Jiangsu province released its financial report for the period from January to March this year, saying its operating revenue for the period was 14.414 billion yuan (USD 2.1 billion), up 0.42 percent year-on-year, and net profit... 23.04.2026  14:00

• German industry faces stagnation in 2026 amid high energy prices and structural problems According to the Federation of German Industry (BDI), Germany's industrial sector is unlikely to recover in 2026, with production expected to stagnate at best. The warning was announced by BDI President Peter Leibinger at the opening of the Hanover Fair.Prolonged decline in productionIndustrial... 23.04.2026  14:00

• UK carmakers call on EU to protect €80bn trade under Industrial Acceleration Act The Society of Motor Manufacturers and Traders (SMMT) has called on the European Union to reconsider the proposed Industrial Acceleration Act (IAA), warning that excluding the UK from the Made in Europe framework could undermine a highly integrated automotive partnership.€80 billion trade r... 23.04.2026  13:00

• Kametstal expands its own repair capabilities to increase the reliability of sintering equipment Ukrainian Metallurgical Plant Kametstal, a subsidiary of the Ukrainian mining and metallurgical group Metinvest, announced the expansion of its own repair facilities as part of efforts to optimize costs and improve operational efficiency. The initiative is aimed at improving the reliability of... 23.04.2026  13:00

• BHP enters into iron ore supply deal with China Mineral Resources Group Australian miner BHP has reportedly struck a key iron ore supply agreement with Chinese state-owned unit China Mineral Resources Group (CMRG), a significant step in stabilizing its position in its biggest export market.The deal follows months of negotiations after earlier tensions in which CMRG... 23.04.2026  12:00

• China's FAI in transportation lost 2.5% in the first quarter, despite overall strong infrastructure growth The total volume of fixed asset investment (FAI) in transport in China in the period from January to March this year amounted to 651.9 billion yuan ($95.0 billion), which is 2.5 percent less than in the previous year, as announced by the Ministry of Transport of China (MT).p>During the specified... 23.04.2026  12:00

• South Korea announces KRW 80 trillion support for steel sector amid crisis in Middle East South Korea has introduced a comprehensive support package exceeding KRW 80 trillion ($53.97 billion) to help its steel sector cope with the fallout from the Middle East crisis.The initiative was announced after a high-level meeting led by Financial Services Commission Chairman Lee Won-geon and... 23.04.2026  11:00

• Samarco's sales in the first quarter of 2026 increased year-on-year, but fell 37 percent from the previous quarter. In a pre-operational disclosure, Brazilian iron ore and pellet producer Samarco announced sales of 3.2 million tonnes in Q1 2026, down 37% from the previous quarter, although 12% more than the 2.8 million tonnes sold in Q1 2025, taking into account cumulative iron volumes. ores and... 23.04.2026  11:00

• U.S. rebar exports fell 62.0 percent in February 2026 compared to January According to export data from the US Department of Commerce, rebar exports to the US totaled 4,947 tons in February this year, down 62.0 percent month-on-month and down 77.8 percent year-over-year. In value terms, rebar exports were $4.65 million in February, up from $11.78 million in the previous... 23.04.2026  10:00