Metallurgy news
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U.</p><p>S. Steel Production Increased by 1.4 Percent - Week 6, 2026According to the American Iron and Steel Institute (AISI), for the week ending February 7, 2026, domestic crude steel production in the United States totaled 1.783 million tons, with a capacity utilization rate of 77.1 percent.Production for the week ending February 7, 2026 increased by 1.4 percent…
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Czech company Moravia Steel warns of rising costs due to the reduction of free quotas for greenhouse gas emissions in the EUPetr Popelar, chairman of the Czech company Moravia Steel, said that this year, for the first time, the company will face a reduction in free emissions quotas, which will increase cost pressures for the Czech steel industry.According to Popelar, rising costs, stricter environmental commitments…
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Base metal turnover in Turkey decreased by 1.5 percent in December 2025 compared to NovemberAccording to data released by the Turkish Statistical Institute (TUIK), in December last year, Turkey's monthly industrial turnover index increased by 2.7 percent compared to the previous month, while the calendar-adjusted index increased by 31.7 percent compared to December 2024.In this month, the…
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Sweden's LKAB reports lower net profit and slightly higher revenue in 2025Swedish iron ore producer LKAB reported financial results for the fourth quarter and full year 2025.The company recorded a net profit of SEK 526 million ($59.39 million) in the quarter, compared with a net profit of SEK 2.07 billion in the fourth quarter of 2024, while sales revenue declined by…
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Queensland coal exports decreased by 21.0% in January 2026 compared to DecemberIn January of this year, coal exports from the Australian ports of Hay Point, Dalrymple Bay Coal Terminal (DBCT), Abbot Point and Gladstone, located in Queensland, decreased by 21.0 percent month-on-month and increased by 3.2 percent year-on-year to 14.77 million tons, according to data released by…
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Polish Konstal: steel prices in the EU are rising as CBAM reduces import costsAccording to Emil Ceglarski, purchasing director at Polish steel distributor Konstal, European steel prices are starting to rise again as the EU's Carbon Boundary Adjustment Mechanism (CBAM) moves from a transitional phase to full implementation.Ceglarsky said that the mechanism is already…
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Kobe Steel reports a decrease in net profit and revenue for April-December 2025Japanese steel company Kobe Steel Ltd has released financial results for the first nine months ended December 31, 2025-26 fiscal year.During this period, Kobe Steel reported a net profit of 84.33 billion yen ($550.98 million), an increase from a net profit of 116.84 billion yen recorded in the same…
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Taiwan's iron and steel exports grew by 9.5% in January 2026In January this year, the value of Taiwan's iron and steel exports rose 9.5 percent year on year to $1.21 billion, according to statistics released by Taiwan's Ministry of Finance.The country's iron and steel import value was $721 million this month, down 24.1 percent on an annual basis.
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Erdemir to supply 40,000 tons of ship plates for the MUGEM aircraft carrier project in TurkeyTurkey-based Erdemir, part of the OYAK Mining Metallurgy Group, announced that the steel requirements of the National Aircraft Carrier (MUGEM) project, planned to become the largest vessel in the inventory of the Turkish Navy, will be supplied by the company.Erdemir stated that he will manufacture…
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Danieli to supply water treatment plant for JSW Steel's Dolvi hot strip millItalian manufacturer Danieli has announced that it has signed a contract with Indian steel company JSW Steel to design and supply a water treatment plant (WTP) to service the third phase of the 4.5 million tonne hot strip plant expansion at its Dolvi Works in Maharashtra, India.One of the largest…
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