Metallurgy news
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Kazakhstan's Chevron Direct Investment Fund invests in ferroalloy plantThe new industrial project is aimed at developing Kazakhstan's metallurgical sector after Kazakhstan's Chevron Direct Investment Fund (CDIF) signed a $23.5 million investment agreement with local Mineral Product International (MPI) to build a ferroalloy production plant in Ekibastuz in northeastern…
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Crude steel production in Italy increased by 1.6 percent in January 2026According to the latest data released by Federacciai, the Italian Federation of Steel Companies, Italy's crude steel production totaled 1.7 million metric tons in January this year, up 1.6 percent from January 2025, confirming the positive trend recorded last year, when total production totaled…
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Germany calls on automakers to supply more domestic steel to protect domestic industryGerman media reported that Germany's Federal Environment Minister Carsten Schneider called on the country's auto industry to source more raw materials domestically, stressing the importance of maintaining a strong national steel sector.Schneider said large corporations should show more "local…
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Emsteel from the UAE has signed a five-year contract for the transportation of iron ore with OldendorffEmsteel, the largest steel producer in the United Arab Emirates (UAE), announced the signing of a new long-term cargo agreement with German carriers Oldendorff, covering the import of key raw materials to the UAE.Under the five-year agreement, Oldendorff will continue to provide specialized bulk…
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Japan's domestic steel consumption declines 0.8 percent in 2025Last December, Japan's domestic consumption of steel products was 3.77 million metric tons, up 4.9 percent from the previous month and up 1.7 percent year on year, according to data released by the Japan Iron and Steel Association (JISF). Meanwhile, the country's domestic steel consumption fell 0.8…
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Scrap imports to Pakistan increased by 0.7% in January compared to DecemberScrap imports to Pakistan totaled 386,669 tons in January this year, up 0.7 percent from December and 13.3 percent year-on-year, according to data released by the Federal Bureau of Statistics of Pakistan (PFBS). The value of these imports in this month was $220.4 million, an increase of 2.1%…
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AMNS India launches two branded steel products, targeting 75% of revenue from value-added steelIndia's ArcelorMittal Nippon Steel limited (AMNS India) has introduced two premium steel grades - AMNS Vibrance and AMNS Optima - as part of its strategy to generate 75 percent of total revenue from value-added steel, the company said in a statement on Wednesday, February 18.The move underscores…
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Industrial production in the euro area decreased by 1.4 percent in December 2025 compared to NovemberIn December last year, compared with November, seasonally adjusted industrial production decreased by 1.4 percent in the euro area and 0.8 percent in the EU. Industrial production in November increased by 0.3 percent in the euro area and decreased by 0.1 percent in the EU. In December 2025…
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ArcelorMittal Projects expands presence in UAE with third steel plant in Hamriyah Free ZoneAccording to a statement released by the Hamriyah Free Zone in the United Arab Emirates (UAE), customized and sustainable steel solutions provider ArcelorMittal Projects plans to establish its third production facility in the zone, with operations beginning in 2026.The new plant will cover an area…
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BlueScope receives revised takeover offer from SGH and Steel DynamicsThe Australian steel producer BlueScope has received another unsolicited, non-binding, indicative and conditional takeover offer from a consortium consisting of the Australian SGH Limited and the American steel company Steel Dynamics.BlueScope stated that, in accordance with the terms of the offer…
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