Metallurgy news
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Cleveland-Cliffs reports stable net profit for the fourth quarter of 2025The American mining and mining company Cleveland-Cliffs Inc. reported results for the fourth quarter and the full year for the period ended December 31, 2025.In the fourth quarter, the company reported total revenue of $4.3 billion, which is in line with revenue for the fourth quarter of the…
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The Turkish company Mazlum Mangtay has won the tender for the construction of the 163-kilometer BOTAŞ gas pipelineTurkey's national gas supply company BOTAŞ has completed a tender for the purchase of steel pipes for the Kulunchak-Elazig gas pipeline, according to Turkish media reports.The contract was awarded to Mazlum Mangtay, a domestic manufacturer of spiral-welded steel pipes located in the Adana Haji…
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Salzgitter receives first scrap metal shipment from Volvo as part of ScanLoop closed-loop recycling PartnershipSwedish car manufacturer Volvo Cars and German steel manufacturer Salzgitter AG have announced that they have completed the first delivery as part of their closed-loop recycling partnership known as ScanLoop. The initiative aims to strengthen lockdown and reduce emissions across the entire steel…
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New Car Registrations in South Korea Increased by 37.6% in January 2026According to data released by the Korean Automobile Importers and Distributors Association (KAIDA), in January of this year, new car registrations in South Korea decreased by 26.7 percent month-on-month and increased by 37.6 percent year-on-year to 20,960 units.BMW had the largest share in sales…
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German engineering sector shows zero growth in 2025According to the German Federation of Mechanical Engineering (VDMA), the German engineering industry ended 2025 with order acceptance at the same level as in the previous year, resulting in zero real growth overall. The result was mainly supported by a seven percent increase in orders from eurozone…
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Gozzi Federaccai: EU environmental policy blocks industrial developmentIn an editorial published in the Italian newspaper Il Foglio, Antonio Gozzi, industrialist and president of the Italian steel manufacturers association Federacciai, presented a critical analysis of the current economic and industrial downturn in Europe.The decline of EuropeThe document opens with…
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India's steel industry remains in expansion mode in December 2017, even as refining activity slows slightlyIn December 2025, India's steel industry saw widespread growth, despite a slight slowdown in the manufacturing, automotive, infrastructure, and construction sectors.Key indicators of the dynamics of the steel, iron ore and coal industries in IndiaCrude steel production increased by 8 percent…
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Vietnam's steel imports decreased by 16.4 percent in January 2026 compared to DecemberIn January of this year, Vietnam's steel imports totaled 1.52 million tons, down 16.4 percent from December and up 60.6 percent from January 2025, while scrap metal imports decreased 25.8 percent month-on-month and increased 68.4 percent year-on-year to 507,237 tons. according to data released by…
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Severstal has outlined a $1.27 billion investment program for 2026 in CherMK, focusing on low-carbon productionThe Russian metallurgical plant Severstal announced that in 2026 it will allocate 98.3 billion rubles ($ 1.27 billion) to the projects of the Cherepovets Metallurgical Plant. Of these, 68.6 billion rubles will be allocated for development projects, and 27.8 billion rubles for renovation…
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Turkey's base metal production decreased by 2.2 percent in December 2025 compared to NovemberAccording to data released by the Turkish Statistical Institute (TUIK), in December last year, Turkey's monthly industrial production, adjusted for the season and calendar, increased by 1.2 percent compared to the previous month, while the calendar-adjusted index decreased by 2.1 percent compared…
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