Metallurgy news
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Turkish company Kocaer Çelik increased net profit despite difficulties in 2025Turkish steel manufacturer Kocaer Çelik Sanayi ve Ticaret A.S. (Kocaer Çelik) announced its financial and operating results for 2025.For the full year 2025, Kocaer Çelik achieved a net profit of TRY 473.48 million (USD 10.77 million), compared to a net profit of TRY 108.51 million in the previous…
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Brazilian sheet steel distributors' sales rose nearly 18.4 percent in JanuarySales of flat products by Brazilian distributors reached 293,900 metric tons (t) in January 2026 from 248,300 t in December 2025, an increase of 18.36 percent, according to INDA, the Brazilian institute of steel distributors.On the same comparative basis, purchases by INDA-affiliated distributors…
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The export price of Brazilian slab reached an 18-month high after a slight weekly increase.The reference price for Brazilian slab exports is $545/t, FOB terms for major commercial grades, after three weeks of stability at $540/t, according to preliminary data from the Secretaría de Comercio Exterior (SECEX), Brazil's foreign trade secretariat of the Ministry of Industry, Development and…
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Mechel signed a contract for the supply of Russian RailwaysThe Russian mining and metallurgical group Mechel reported that a contract was signed between its subsidiary Chelyabinsk Metallurgical Plant (ChMK) and JSC Russian Railways for the supply of railway products in 2026 with a total volume of more than 174 thousand tons.Product volume and technical…
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US discovers AD and CVD bypass when importing OCTG pipesThe U.S. Department of Commerce (DOC) announced its final determination to bypass seamless petroleum tubular products (OCTG) manufactured from Chinese origin, completed in Thailand, and then exported to the United States.Having completed its investigation, DOC has determined that imports of these…
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US CRC imports down 14.2 percent in December 2025 compared to NovemberU.S. imports of cold-rolled coil totaled 42,051 tons last December, down 14.2 percent month-on-month and down 64.5 percent year-over-year, according to preliminary U.S. Commerce Department census data. In value terms, CRC imports were $40.38 million in December last year, compared to $42.99 million…
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EU approves €78 million aid scheme for Slovenia to offset indirect costs of ETS electricityThe European Commission has announced that it has approved a €78 million Slovenian support scheme designed to partially compensate energy-intensive companies for the higher electricity costs associated with carbon pricing under the EU Emissions Trading System (ETS).The measure specifically…
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France to expand solar and wind energy production with €1.1 billionThe European Commission has announced that it has approved a €1.1 billion French state aid scheme aimed at supporting strategic investments in clean technology production capacity in line with the EU's clean industry goals.The measure was assessed and approved in accordance with the Clean Industry…
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Italy's Duferco reports higher earnings in fiscal 2024-25, supported by trade, renewables and gasIn a note issued today, March 2, the board of directors of Italy-based Duferco Participations Holding SA announced the approval of its consolidated financial statements for the fiscal year ended September 30, 2025. Despite a macroeconomic and geopolitical landscape characterized by significant…
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Japan's steel scrap exports down 17.5% in January 2026According to customs statistics, Japanese ferrous scrap exports totaled 458,955 tons in January this year, down 17.5% from 556,161 tons in the same month the previous year.During the month, Vietnam was the largest importer of Japanese scrap, importing 254,345 tons, up 1.6% from the previous year…
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