Metallurgy news
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Kobe Steel reports a decrease in net profit and revenue for April-December 2025Japanese steel company Kobe Steel Ltd has released financial results for the first nine months ended December 31, 2025-26 fiscal year.During this period, Kobe Steel reported a net profit of 84.33 billion yen ($550.98 million), an increase from a net profit of 116.84 billion yen recorded in the same…
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Taiwan's iron and steel exports grew by 9.5% in January 2026In January this year, the value of Taiwan's iron and steel exports rose 9.5 percent year on year to $1.21 billion, according to statistics released by Taiwan's Ministry of Finance.The country's iron and steel import value was $721 million this month, down 24.1 percent on an annual basis.
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Erdemir to supply 40,000 tons of ship plates for the MUGEM aircraft carrier project in TurkeyTurkey-based Erdemir, part of the OYAK Mining Metallurgy Group, announced that the steel requirements of the National Aircraft Carrier (MUGEM) project, planned to become the largest vessel in the inventory of the Turkish Navy, will be supplied by the company.Erdemir stated that he will manufacture…
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Danieli to supply water treatment plant for JSW Steel's Dolvi hot strip millItalian manufacturer Danieli has announced that it has signed a contract with Indian steel company JSW Steel to design and supply a water treatment plant (WTP) to service the third phase of the 4.5 million tonne hot strip plant expansion at its Dolvi Works in Maharashtra, India.One of the largest…
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The Indian government will take measures to mitigate the impact of the EU CBAM on steel exportsWhile Indian steel exports will continue to be affected by the European Union's Carbon Boundary Adjustment Mechanism (CBAM), the Indian government will take steps to help steel companies maintain overseas shipments to the region, Steel Ministry Secretary Sandeep Poundrik said on Wednesday, February…
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Imports of cold-rolled steel products to Turkey increased by 29 percent in 2025In December 2025, imports of cold-rolled rolled products to Turkey amounted to 61,547 metric tons, which is 47.1 percent less than in November and 32.2 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of these imports…
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Bosnia plans to impose 30% tariffs on steel importsAccording to local media provider Capital, Bosnia and Herzegovina is preparing to impose 30 percent tariffs on imported steel and steel products for a 200-day period. The proposal, which now requires the approval of the Council of Ministers of Bosnia and Herzegovina, is modeled on similar trade…
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India's JSW Steel forecasts a 2% decline in consolidated steel production in January 2026According to the company's statement on Wednesday, February 11, Indian JSW Steel Limited achieved consolidated steel production of 2.475 million tons in January 2026, which is two percent less compared to the same period last year.The company said steel production in India remained almost stable at…
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The Chinese steel industry producer price index decreased by 3.7 percent in January 2026.In January of this year, the producer price index (PPI) in the ferrous metals smelting and rolling sector in China decreased by 3.7 percent year-on-year, which is 1.0 percentage points slower than the rate of decline recorded in December, while increasing by 0.2 percent month-on-month, according to…
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Anyang Steel reports a net loss of 460 million yuan for 2025.The Chinese steel mill Anyang Iron and Steel Co., Ltd. (Anyang Steel) from Henan province announced that its net loss in 2025 was 460 million yuan (66.2 million US dollars), with the loss significantly reduced compared to the net loss of 3,271 billion yuan recorded in 2024 a year.Anyang Steel…
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