Metallurgy news
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Pig iron imports to Turkey increased by 61.7 percent in 2025Last December, Turkey's pig iron imports totaled 176,417 metric tons, down 39.9 percent from November and 5.3 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of these imports amounted to $60.47 million, down 40.2 percent…
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Usiminas reported a net loss for 2025Brazilian steel and iron ore producer Usiminas posted a net loss of BRL 2.910 billion ($555.7 million) versus a net profit of BRL 3.0 million in 2024.The company attributes the decline mainly to an asset impairment charge of BRL 2.2 billion and a reassessment of deferred tax recoverability in the…
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Primetals has commissioned an ultra-thin plate caster in Baosteel ZhanjiangThe British company Primetals Technologies has successfully commissioned a new double-chain ultrathin casting machine for the Chinese steel mill Baosteel Zhanjiang Iron and Steel at the manufacturer's factory in Guangdong Province, China.Primetals Technologies said that the new casting machine is…
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India's JSL is developing the country's first containers for transporting salt by railIndian company Jindal Stainless Limited (JSL) has developed the country's first stainless steel salt containers for transportation by the state-owned Indian Railways (IR), the company said in a statement on Friday, February 13.The 20-foot salt container was made entirely of stainless steel…
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Thyssenkrupp reports higher net loss and lower sales in first quarter of fiscal year 2025-26German steel company Thyssenkrupp announced financial results for the first quarter ending December 31 of the 2025-26 financial year.The company reported a net loss of €334 million in the quarter, compared with a net loss of €33 million recorded in the same quarter of the previous financial year…
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The Finnish company Outokumpu recorded a higher net loss in 2025Finnish stainless steel manufacturer Outokumpu has announced financial results for the fourth quarter and the full year 2025.In the quarter, the company recorded a net loss of €65 million, compared with a net loss of €35 million in the previous quarter and a net loss of €32 million in the same…
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Indian BCCL to expand coking coal block to increase production by 15%India's Bharat Coking Coal Limited (BCCL), an operating subsidiary of Coal India Limited (CIL), is expanding the capacity of its Block-E unit to increase coking coal production by 15 percent to 15 million tons per year, the company said in a statement on Friday, February 13.The project will start…
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Trump plans to reduce some tariffs on steel and aluminumUS President Donald Trump is considering lifting or reducing certain tariffs on steel and aluminum products, according to a report by the British Financial Times. The move reflects concerns that widespread levies on steel and aluminum and related products are contributing to higher prices for…
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Taiwan Preliminarily Detects Dumping of Non-Oriented CR Electrical Steel from South Korea and ChinaTaiwan's Ministry of Economic Affairs announced that its Trade Assistance Review Board has tentatively determined in its anti-dumping investigation into imports of cold-rolled non-grain electrical steel from South Korea and China that there are reasonable indications of harm to the domestic…
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Gerber Steel warns that EU competitiveness is under threat as internal barriers and bureaucracy hit SMEsGerman stainless steel distributor Gerber Steel has warned that Europe's industrial competitiveness is approaching a critical point, citing rising costs, expanding bureaucracy and structural barriers in the EU single market.According to the company's latest analysis, the key problem for the…
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