Metallurgy news

• Ukrainian Interpipe reported a decrease in net profit and pipe production in January-September 2025 Interpipe, a Ukrainian manufacturer of steel pipes and railway wheels, announced financial and operating results for January-September 2025.During the specified period, the company generated a net profit of $114.27 million compared to $203.03 million recorded in the same period last year, and its... 14.01.2026  13:00

• ABB completes modernization of chipboard power supply reliability for the Australian InfraBuild project Global technology company ABB has upgraded the electric arc furnace (EDP) power supply system at the Australian steel company InfraBuild's Laverton smelter to improve reliability and reduce maintenance risks.ABB said the project included the installation of two VD4-AF vacuum circuit breakers... 14.01.2026  13:00

• Turkish steel industry cooperates with Malaysia An important step has been taken in the Turkish stainless steel industry to increase supplies and diversify the market. The Turkish Association of Stainless Steel Industrialists and Businesses (PASID) has announced the signing of a memorandum of understanding with Bahru Sustainable, one of the... 14.01.2026  12:00

• Ferrexpo production will decrease in 2025 due to war-related issues Swiss mining company Ferrexpo, whose main interests are in Ukrainian iron ore assets, has announced production results for the fourth quarter and the full year 2025.In the fourth quarter of last year, the company's total commercial production decreased by 28.9 percent compared to the previous... 14.01.2026  12:00

• Trump targets Iran-related trade with sweeping 25% tariff threat US President Donald Trump announced that any country doing business with Iran will face a 25 percent tariff on all trade with the US, effective immediately. The announcement was made via social media and framed as a response to ongoing anti-government protests in Iran.The announcement comes amid... 14.01.2026  11:00

• JFE Steel is developing a method for cutting fire-resistant coating on 40 mm thick I-beams% Japanese steel company JFE Steel has announced that it has developed the JFE fire-resistant coating reduction method, a construction method that reduces the thickness of fire-resistant coatings on H-shaped steel beams by about 40 percent compared to conventional approaches.The method was developed... 14.01.2026  11:00

• Finished steel exports from China increased by 7.5% in 2025 According to the latest data released by the General Administration of Customs of China (GACC), China's finished steel exports totaled 11.301 million tons last December, an increase of 13.2% month-on-month and an increase of 16.1% year-on-year.In December 2025, China's finished steel imports... 14.01.2026  10:00

• NBS: Rebar prices in China increased by 0.2 percent in early January 2025 In early January (January 1-10) of this year, the average price in China for HRB 400E 20 mm rebar increased by 7 yuan/ton ($1/ton) or 0.2 percent to 3191.6 yuan/ton ($455/ton) compared with the price at the end of December (December 21-31), as announced by the National Bureau of Statistics of... 14.01.2026  10:00

• Lingyuan Steel expects a net loss of 1.45-1.67 billion yuan in 2025 The Chinese steel company Ansteel Group Lingyuan Iron and Steel Co., Ltd. (Lingyuan Steel) from Liaoning Province announced that its net loss is expected to reach 1.45-1.67 billion yuan (0.21-0.24 billion U.S. dollars) in 2025, down from a net loss of 1.678 billion yuan in 2024.The company said its... 14.01.2026  09:00

• U.S. Rig Count Declines, Canadian Rig Count Increases - First Week of 2026. Baker Hughes reported that for the week ended January 9, 2026, the number of U.S. rotary drilling rigs fell by 2 to 544.The number of gas drilling rigs decreased by 1 to 124 and the number of oil drilling rigs decreased by 1 to 420. The total number of U.S. drilling rigs decreased by 40 rigs year... 14.01.2026  05:00