Metallurgy news
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SMS Group to supply CCS mill stands for Yamato Steel heavy profile millThe German manufacturer of SMS Group plants announced the conclusion of a contract with the Japanese steel company Yamato Steel Co. Ltd. for a major modernization program at the Himeji steel plant for the installation of advanced compact cartridge stands (CCS). The upgrade, which is scheduled to be…
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Rio Tinto's 2025 financial results reflect robust iron ore earningsAustralian miner Rio Tinto announced financial results for 2025.The company's net profit for 2025 was $9.96 billion, compared to $11.55 billion in 2024. In 2025, the company's consolidated sales revenue increased 7.9 percent to $54.04 billion compared to 2024. The company's underlying EBITDA for…
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Iron ore exports through Port Hedland decreased by 3.3 percent in January 2026 compared to DecemberIn January of this year, iron ore shipments from Australia's Port Hedland decreased by 3.3 percent month-on-month and increased by 7.2 percent year-on-year to 49,222,421 tons.According to information released by the Port Hedland Port Authority, iron ore shipments from Port Hedland to China totaled…
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South African processors are discussed with IDC ArcelorMittal South AfricaAccording to a report published by Bloomberg, a group of South African steel processors has approached the state-owned Industrial Development Corporation with a proposal aimed at helping take control of global steelmaker ArcelorMittal's local unit, ArcelorMittal South Africa (AMSA).The proposal was…
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Fortescue outlines 12 million tonnes of Wyloo North Iron Ore Mine in PilbaraAustralian mining company Fortescue Ltd has outlined plans to develop the Wyloo North iron ore deposit in the Pilbara region of Western Australia, according to a proposal content document submitted to the Western Australian Environmental Protection Authority.According to the proposal, Fortescue…
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Early work is underway on the Whyalla magnetite expansion projectEarly work has begun on the first phase of the Middlebeck Ranges Magnetite Expansion Project (MEP1), aimed at securing a long-term supply of iron ore for the Whyalla smelter in South Australia, according to a joint press release from Peter Malinauskas, Premier of South Australia, and Tim Ayres…
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Italian Padana Tubi & Profilati Acciaio has signed a strategic agreement with the certifierAccording to a statement distributed to its partners on Wednesday, February 18, the Alfieri family, the founders of Padana Tubi & Profilati Acciaio, an Italian specialist in welded steel pipes, signed an agreement to sell a controlling stake in the company to the investment firm Attestor. The deal…
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India's LMEL includes subsidiary in Dubai to expand global presenceIndia's Lloyds Metal and Energy limited (LMEL) has listed shares in Virtus Lloyds Resources FZCO, a subsidiary in Dubai, to expand its international presence, the company said in a statement on Thursday, February 19.Virtus Lloyds Resources FZCO has been registered in the Dubai Multi Commodities…
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Indian steel companies seek to expand markets in the Middle East and Asia to offset the impact of EU CBAMIndian steel companies, with the support of the Government of India, seek to expand markets in the Middle East In the Middle East and Asia, to offset the impact of the European Union's Carbon Boundary Adjustment Mechanism (CBAM), a government official said on Thursday, February 19.Last week…
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Brazil Imposes Final AD Duties on Chinese CRC and HDGBrazilian Foreign Trade Authority CAMEX has approved the imposition of anti-dumping duties on imports of CRC and HDG from China for a period of five years.For CRC, the decision applies to rolled and unrolled product of any thickness and length, the levy of duties varies from $322.93/t to $670.02/t…
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