Metallurgy news
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The Indian government will take measures to mitigate the impact of the EU CBAM on steel exportsWhile Indian steel exports will continue to be affected by the European Union's Carbon Boundary Adjustment Mechanism (CBAM), the Indian government will take steps to help steel companies maintain overseas shipments to the region, Steel Ministry Secretary Sandeep Poundrik said on Wednesday, February…
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Imports of cold-rolled steel products to Turkey increased by 29 percent in 2025In December 2025, imports of cold-rolled rolled products to Turkey amounted to 61,547 metric tons, which is 47.1 percent less than in November and 32.2 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of these imports…
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Bosnia plans to impose 30% tariffs on steel importsAccording to local media provider Capital, Bosnia and Herzegovina is preparing to impose 30 percent tariffs on imported steel and steel products for a 200-day period. The proposal, which now requires the approval of the Council of Ministers of Bosnia and Herzegovina, is modeled on similar trade…
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India's JSW Steel forecasts a 2% decline in consolidated steel production in January 2026According to the company's statement on Wednesday, February 11, Indian JSW Steel Limited achieved consolidated steel production of 2.475 million tons in January 2026, which is two percent less compared to the same period last year.The company said steel production in India remained almost stable at…
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The Chinese steel industry producer price index decreased by 3.7 percent in January 2026.In January of this year, the producer price index (PPI) in the ferrous metals smelting and rolling sector in China decreased by 3.7 percent year-on-year, which is 1.0 percentage points slower than the rate of decline recorded in December, while increasing by 0.2 percent month-on-month, according to…
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Anyang Steel reports a net loss of 460 million yuan for 2025.The Chinese steel mill Anyang Iron and Steel Co., Ltd. (Anyang Steel) from Henan province announced that its net loss in 2025 was 460 million yuan (66.2 million US dollars), with the loss significantly reduced compared to the net loss of 3,271 billion yuan recorded in 2024 a year.Anyang Steel…
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Cleveland-Cliffs reports stable net profit for the fourth quarter of 2025The American mining and mining company Cleveland-Cliffs Inc. reported results for the fourth quarter and the full year for the period ended December 31, 2025.In the fourth quarter, the company reported total revenue of $4.3 billion, which is in line with revenue for the fourth quarter of the…
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The Turkish company Mazlum Mangtay has won the tender for the construction of the 163-kilometer BOTAŞ gas pipelineTurkey's national gas supply company BOTAŞ has completed a tender for the purchase of steel pipes for the Kulunchak-Elazig gas pipeline, according to Turkish media reports.The contract was awarded to Mazlum Mangtay, a domestic manufacturer of spiral-welded steel pipes located in the Adana Haji…
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Salzgitter receives first scrap metal shipment from Volvo as part of ScanLoop closed-loop recycling PartnershipSwedish car manufacturer Volvo Cars and German steel manufacturer Salzgitter AG have announced that they have completed the first delivery as part of their closed-loop recycling partnership known as ScanLoop. The initiative aims to strengthen lockdown and reduce emissions across the entire steel…
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New Car Registrations in South Korea Increased by 37.6% in January 2026According to data released by the Korean Automobile Importers and Distributors Association (KAIDA), in January of this year, new car registrations in South Korea decreased by 26.7 percent month-on-month and increased by 37.6 percent year-on-year to 20,960 units.BMW had the largest share in sales…
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