Metallurgy news
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EUROMETAL Southern Europe Meeting 2026 - The Shadow of Industrial DesertificationDuring the panel discussion “Rolling in the deep!” Are we at risk of industrial desertification in the EU?”, held during the EUROMETAL Southern Europe Meeting 2026 on 26 February in Milan, Franco Felisa (ESN, Electromechanics Synergy Network), Tommaso Sandrini (Assofermet, San Polo Lamiere)…
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TUIK: The cost of steel imports to Turkey decreased by 4.8 percent in January 2026According to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), in January of this year, the value of iron and steel imports to Turkey fell by 4.8 percent year-on-year, amounting to $1.80 billion. In this month, iron and steel ranked sixth among the country's…
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HDG imports to the United States increased 0.2 percent in December 2025 compared to NovemberAccording to preliminary data from the U.S. Department of Commerce, imports of hot-dip galvanized sheets to the United States totaled 92,944 tons in December last year, up 0.2 percent from November and down 43.3 percent from December 2024. In value terms, HDG imports totaled $89.8 million in…
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Kremenchug Metal Products Plant reduced net profit by 87%PJSC "Kremenchug Metal Products Plant" (Poltava region) based on the results of work in 2025, reduced net profit by 87% compared to the previous year - to UAH 742,947 thousand. from 5 million 568 961 thousand UAH.According to the agenda of the annual general meeting of shareholders, scheduled for…
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Global iron ore exports rose sharply after the Chinese New Year holidaysGlobal iron ore exports increased sharply to 28.7 million tons between February 14 and February 20, 2026 (week 08), up 49% from 19.31 million tons (week 07) in the previous week, reflecting a strong recovery after the holidays.The growth was driven by the resumption of consumer activity in China…
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India's NMDC limited and IIT-Hyderabad will collaborate on green steel and mining technologiesIndian iron ore government research and development (R&D) center NMDC limited has signed a memorandum of understanding (MOU) with the Indian Institute of Technology (IIT-Hyderabad) to collaborate on green steel, iron technology and critical minerals, said a joint statement on Friday, February…
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Meranti Green Steel Phased Hydrogen Model for the Duqm HBI projectAccording to CEO Dr. Sebastian Langendorf, Singapore-based steel company Meranti Green Steel plans to promote its Duqm HBI project in Oman through a phased energy transition model, initially combining green hydrogen and natural gas.According to Meranti Green Steel, the first phase of the project…
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Global steel production fell 6.5 percent in January 2026Global steel production in January this year fell 6.5 percent year-on-year to 147.3 million tons, according to the World Steel Association (worldsteel).In January, steel production in Asia was 107.6 million tons, down 8.6 percent, with production in China at 75.3 million tons, down 13.9 percent…
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Fortescue forecasts an increase in net profit and revenue in the first half of 2025-26The Australian iron ore company Fortescue Metals Group has announced its financial results for the first half of the year ended December 31, 2025-26 fiscal year.In the first half of the year, Fortescue's net income was US$1.91 billion, an increase of 23.0 percent compared to the same period of the…
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Proerial India to build amorphous electrical steel production plant for the first time in IndiaProerial India, a subsidiary of Japan's Proerial Private Limited, announced a $148.46 million investment to produce amorphous electrical steel for the first time in India, industry sources said on Thursday, February 26.The project, which will be implemented in the southern state of Andhra Pradesh…
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