Metallurgy news
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The net profit of the Indian company Jindal Steel Limited in the third quarter of fiscal year 2025-26 decreased by 80%Indian company Jindal Steel Limited (JSL), formerly known as Jindal Steel and Power Limited, reported a net profit of 1,885.00 million Indian rupees ($20.55 million) in the third quarter (October-December) of fiscal year 2025-26, down 80 percent from the same period last year. according to the…
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IOC: The average price of rebar in China decreased by 0.2 percent from January 19 to January 25The Chinese Ministry of Commerce (MOC) announced that the average price of finished steel in China decreased slightly between January 19 and January 25 this year.During this period, the average prices for steel channels, ordinary medium steel plates and rebar decreased by 0.3 percent, 0.3 percent…
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China's steel sector PMI will rise to 49.9 percent in January 2025In January of this year, the Purchasing Managers' Index (PMI) for China's steel industry was 49.9 percent, 3.6 percentage points higher than last December, as announced by the China Steel Logistics Committee (CSLC), which is part of the Chinese Federation of Logistics and Procurement (CFLP).. The…
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US steel exports rose 11.4 percent in October 2025Monthly steel exports in October this year rose 11.4 percent from September and fell 11.1 percent year over year to 600,376 tons, according to U.S. Commerce Department export data. In value terms, U.S. steel exports totaled $1.12 billion in October, up from $1.12 billion in September and $1.15…
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Scrap metal exports from the United States decreased by 10.6 percent in October 2025According to the latest data from the U.S. International Trade Commission, scrap metal exports from the United States totaled 794,641 tons in October this year, down 10.6 percent month-on-month and 33.6 percent year-on-year.Turkey was the largest recipient of U.S. iron and scrap exports in October…
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Aceros Arequipa's net income increased in the fourth quarter and for the full year 2025.Peruvian steelmaker, Corporacion Aceros Arequipa, reported net income of PEN 56 million ($16.7 million) for the fourth quarter of 2025, compared to PEN 49 million in the fourth quarter of 2024.Net sales rose 4.11 percent to PEN 1.206 billion, gross profit decreased 2.13 percent to PEN. 152 million…
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Champion Iron posted record quarterly sales for the third quarter of 2025Canadian iron ore producer Champion Iron Limited has announced its operating and financial results for the third fiscal quarter ending December 31, 2025.Champion Iron reported net income of CAD$65.0 million, equivalent to earnings per share of CAD$0.12, compared to net income of CAD$56.8 million…
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Australia begins Accelerated Review of AD/CVD Al-Zn Coated Steel from ChinaThe Australian Anti-Dumping Commission has announced that it has initiated an accelerated review of the anti-dumping Duty (AD) and countervailing duty (CVD) applied to certain types of aluminum galvanized steel exported to Australia from China, to the extent that they relate to the new exporter…
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TUIK: Turkey's steel export value rises 5.5% in 2025Turkey's foreign trade deficit increased by 5.6 percent to $9.30 billion last December compared to December 2024, according to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK). For all of 2025, Turkey's foreign trade deficit rose 11.6 percent year-on-year to…
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TUIK: The cost of steel imports to Turkey decreased by 6.1 percent in 2025According to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), in December last year, the value of iron and steel imports to Turkey fell by 16.1 percent year-on-year, amounting to $1.85 billion. In this month, iron and steel ranked sixth among the country's…
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