Metallurgy news
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Lodhia Industries selects Danieli for new rod and wire rod plant in TanzaniaThe Italian plant Danieli Technologies announced the signing of a contract with the Tanzanian steel and plastics manufacturer Lodhia Industries for the supply of a modern complex for the production of rods and wire rods in Tanzania. This is seen as a major strategic investment aimed at…
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EEPC: Unresolved CBAM issue in the India-EU Free Trade area will lead to a 10% drop in machinery exports to Europe%Indian exports of engineering products could suffer an annual decline of 10 percent if the upcoming India-EU Free Trade Agreement (FTA) It will not resolve issues related to steel guarantees and the Carbon Boundary Adjustment Mechanism (CBAM) in Europe, the Machinery Export Promotion Council…
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Contract for coating steel pipes with AliShar Contracting Company with Saudi Arabian East PipesSaudi Arabian pipe manufacturer East Pipes Integrated Company for Industry announced that it has signed a contract with domestic company AliShar Contracting Company for the provision of steel pipe coating services worth more than SAR 60 million ($15.99 million), including value added tax.As part of…
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Consolidated net profit of Indian AAL increased by 43% in the third quarter of fiscal year 2025-26Indian APL Apollo Limited (AAL), a manufacturer of structural steel pipes, achieved a consolidated net profit of INR 3,100 million ($33.84 million) in the third quarter (October-December) of the 2025-26 fiscal year, an increase of 42.86% compared to the corresponding quarter of the previous fiscal…
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CPCA: Passenger car sales in China reached 1.8 million units in January 2025The China Passenger Car Association (CPCA) said retail sales of passenger vehicles in China are expected to reach 1.8 million units in January this year, down 20.4 percent month-on-month and up 0.3 percent year-on-year.In particular, retail sales of new energy vehicles in China are likely to reach…
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Stocks of basic finished steel products in China decreased by 0.3% in mid-January 2025On January 20 of this year, the total domestic stocks of the five main finished steel products in 21 major Chinese cities totaled 7.09 million tons, down 20,000 tons or 0.3 percent from January 10, as announced by the Chinese Association of Ferrous Metallurgy (CISA).In particular, as of January 20…
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China's coke production to grow 2.9 percent in 2025In 2025, China's metallurgical coke production was 504.121 million tons, up 2.9 percent year-on-year, China's National Bureau of Statistics (NBS) reported.China's raw coal production totaled 4.831782 billion tons in the reporting year, up 1.2 percent year-on-year in December alone, the production…
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Sales of Brazilian distributors of rolled products decreased in DecemberSales of flat rolled steel by Brazilian distributors reached 248,300 tons in December, up from 311,900 tons in November, according to industry institute INDA.On a comparative basis, INDA-related distribution chain acquisitions decreased by 6.2 percent to 298,200 tons, while inventory levels…
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MSCI reports supply bumps at end of 2025The U.S. Metal Service Centers Institute (MSCI) reported mixed activity for North American steel and aluminum shipments through December 2025.MSCI said its North American service centers completed an "uneven" performance as steel shipments remained slightly lower than the previous year. Steel…
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Bosnian industry calls for urgent response to Serbia's steel import quotasThe Foreign Trade Chamber of Bosnia and Herzegovina (VTC/STKBiH) has called on the relevant institutions to urgently respond to the decision of the Serbian government to introduce temporary quotas on the import of certain types of iron and steel products.The Serbian government has adopted a system…
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