Metallurgy news
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New smelting technology could revitalize South Africa's ferroalloy industryAccording to media reports, the new smelting technology, known as SmeltDirect, represents a major breakthrough for the ferroalloy industry, which can significantly reduce energy consumption and emissions in metal production. The technology, developed by South African mining company African Rainbow…
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US publishes preliminary results of AD order for heavy-walled rectangular tube from MexicoThe U.S. Department of Commerce (DOC) has released the preliminary results of its administrative review of the anti-dumping duty ruling on heavy wall rectangular pipe (LWRPT) from Mexico for the review period of September 1, 2023, through August 31, 2024.DOC has tentatively determined that Mexican…
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Turkish company Çelik Halat ve Tel Sanayii reports higher net losses and slightly lower revenues in 2025Turkish manufacturer of steel wire and ropes from Kocaeli Çelik Halat ve Tel Sanayii A.Ş. announced its financial results for the whole of 2025.In the year indicated, the company recorded a net loss of 661.52 million Turkish liras ($15 million), compared with a net loss of 167.93 million Turkish…
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Slovenian group SIJ produces steel suitable for space conditionsAccording to a company statement, Slovenian steel produced by local manufacturer SIJ Group will be used in a spacecraft for the first time, marking a major milestone for the country's metallurgical sector.SIJ Group has developed a special steel alloy with a specific chemical composition and…
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European industry warns that weakening the EU's ETS could undermine competitiveness and investmentMore than 100 European companies and investors have called on EU leaders to preserve the strength of the EU Emissions Trading System (ETS), warning that a weakening of the bloc's carbon market could damage industrial competitiveness and slow the transition to a clean industry.In a joint letter…
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Turkish Cardemir returns to profit in 2025, having achieved operational recoveryTurkish integrated long-gauge steel manufacturer Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. (Kardemir) has announced financial and operating results for 2025.In that year, the company recorded a net profit of 39.96 million Turkish liras ($905,876), compared with a net loss of 1.86 billion…
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The American company Electra has attracted financing in the amount of $ 30 million to accelerate the production of pure iron.The American pure iron manufacturing company Electra has announced that it has raised a $30 million venture loan from multinational financial company J.P. Morgan to support its next phase of growth and prepare for its first commercial scale production facility.The financing will help the company…
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EU states call for ETS reform to reduce carbon price volatilityEuropean Union member states are expected to call on the European Commission to propose reforms to the bloc's carbon market by July 2026, according to draft conclusions prepared for the upcoming EU leaders' summit seen by Reuters.At a European Council meeting scheduled for March 19, governments…
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Fives to supply annealing furnaces for Chinese Yongfeng GroupThe French engineering company Fives Group has signed a major contract with the Chinese steel company Yongfeng Group for the design and supply of annealing furnaces for new strip processing lines in China.The project concerns the Yongfeng Group's new steel mill, which is currently under…
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CAAM: NEV sales in China decreased by 6.9% in January-FebruaryIn January-February this year, China's new energy vehicle (NEV) production and sales totaled 1.735 million units and 1.71 million units, down 8.8 percent and 6.9 percent year-on-year, respectively, according to the China Association of Automobile Manufacturers (CAAM).In February alone, China's new…
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