Metallurgy news
-
POSCO Steeleon installs solar systems on the roofs of power plants in Pohang to meet some of the energy demandAccording to local media reports, South Korean galvanized and painted steel manufacturer POSCO Steeleon, a subsidiary of POSCO Group, announced that it has completed the installation of rooftop solar power plants at key production sites, including its coating and color coating plants in…
-
Steel production in Turkey increased by 18.5% in December 2025According to a statement released by the Turkish Steel Association (TCUD), the country's crude steel production rose 6.5 percent month-on-month and 18.5 percent year-on-year to 3.53 million tons in December this year. The country's ingot production increased 16.5 percent to 2.2 million tons, while…
-
Consumer confidence in Turkey increased by 0.3 percent in January 2026 compared to DecemberAccording to the monthly consumer trends survey published by the Turkish Statistical Institute (TUIK), the consumer confidence index * in Turkey, which stood at 83.5 points last December, rose 0.3 percent month-on-month to 83.7 points in January this year, having previously declined 1.8 percent in…
-
Murat Yalcintas: Turkey's economy has moved to a more predictable basisDuring the annual meetings of the World Economic Forum held in Switzerland, Murat Yalcintas, general manager of the Turkish holding company OYAK, said that 2025 was a year marked by financial discipline, that interest rates began to decline towards the end of the year, and that with these…
-
Imports of steel bars to Georgia from Turkey increased dramatically in 2025In 2025, Georgia's total foreign trade turnover with Turkey, which is the country's leading trading partner, amounted to $3.1 billion, including imports worth $2.77 billion, remaining stable, and exports worth $332.91 million, down 27.4% year-on-year, according to preliminary data. provided by the…
-
UK industry warns of planned CBAM risks accelerating deindustrializationBritish industry groups have warned in interviews with the Financial Times that the government's planned carbon border tax, due to come into force in January 2027, is fundamentally flawed and risks accelerating deindustrialization rather than supporting decarbonisation.The steel, cement and…
-
Austria's Andritz strengthens steel refining portfolio with acquisition of SanzhengAustrian installation and equipment supplier Andritz has announced the acquisition of a 51 percent stake in Baoding Sanzheng Electrical Equipment, a Chinese specialist in industrial induction heating systems.According to the company, the deal is aimed at further expanding Andritz's steel refining…
-
Ferrexpo temporarily suspends operations in Ukraine after renewed power outagesSwiss mining company Ferrexpo, whose main interests are in Ukrainian iron ore assets, has announced a temporary suspension of operations following further attacks on power generation and transmission infrastructure in Ukraine, which again impacted the energy supply of the company's operations.This…
-
Germany's Rheinmetall commits to using SSAB steel with low emissions in defense productionSwedish steel company SSAB has announced the signing of a letter of intent with German defense technology group Rheinmetall for the supply of low-emission steel.According to SSAB, the agreement represents the first time that a defense equipment manufacturer has officially committed to using…
-
Indian JSL's consolidated net profit rose 27% in Q3 FY2025-26India's Jindal Stainless limited (JSL) achieved a consolidated net profit of INR 8,280 million ($90.48 million) in the third quarter (October-December) of fiscal year 2025-26, an increase of 26.6 percent over the corresponding quarter of the previous financial year, according to the company's…
Pages
← previous
next →
