Metallurgy news
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Tenaris forecasts growth in net profit and sales revenue in the first quarter of 2026, despite logistical problems related to the war in Iran Luxembourg-based Tenaris, an international steel pipe manufacturer, has announced its financial results for the first quarter of this year.Accordingly, in this quarter, the company's net sales amounted to $3.10 billion, which is four percent more than in the fourth quarter and six percent more...
08.05.2026 15:00
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Production of base metals in Turkey in March 2026 decreased by 0.4 percent compared to February According to data published by the Turkish Statistical Institute (TUIK), in March this year, Turkey's seasonal-calendar monthly industrial production decreased by 0.8 percent compared to the previous month, while the calendar-adjusted index decreased by 1.1 percent compared to March 2025.Turkey's...
08.05.2026 14:00
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Ukrainian Zaporizhstal reported a sharp drop in production in January-April 2026 due to downtime The Ukrainian Metallurgical Plant Zaporizhstal, owned by Metinvest, announced production results for April and the first four months of 2026.In April, Zaporizhstal produced 193,500 tons of pig iron, 156,600 tons of crude steel and 159,100 tons of finished steel, which is 31.6 less. percent, 42.1...
08.05.2026 14:00
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Metinvest reports a decrease in steel production and an increase in pig iron production in the 1st quarter of 2026 The Ukrainian mining and metallurgical group "Metinvest" summed up the operating results of the first quarter of this year.Accordingly, in this quarter the company's total steel production amounted to 454,000 tons, decreasing by 19.5 percent quarterly and by seven percent year on year, while the...
08.05.2026 13:00
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Modernization of the Ezz Steel foundry and rolling complex to increase the capacity of Ain Sokhna to 1.5 million The Italian Danieli Technologies plant has announced the conclusion of a contract with the Egyptian steel company Ezz Flat Steel for the complete modernization of the Quality Strip Production (QSP®) foundry and rolling complex at the Ain Sokhna plant in Egypt. The complex was originally supplied ...
08.05.2026 13:00
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After resumption of production, Polish Huta Częstochowa exceeded 500,000 tons of steel Polish steel company Huta Częstochowa, a subsidiary of Polish coking coal exporter Węglokoks, has exceeded 500,000 tonnes of steel since restarting operations, a major milestone for a steel plant, according to media reports. The company steadily increased production volumes after the resumption of o...
08.05.2026 12:00
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Vietnam's Vnsteel expands distribution network with new Khanh Hoa Warehouse Vietnamese steel company Vnsteel has announced the official opening of a new warehouse complex in Khanh Hoa Province, marking its return to the South and Central Vietnamese market. The project is part of the company's broader strategy to strengthen its nationwide logistics and distribution...
08.05.2026 12:00
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liuzhou Iron & Steel buys 13% stake in Guangxi Steel Chinese steel company liuzhou Iron & Steel Co., Ltd., located in Guangxi Province, announced its intention to acquire an aggregate 13 percent stake in Guangxi Steel owned by liugang Group through the issuance of shares and cash payment, and to raise auxiliary funds through the issuance of shares to...
08.05.2026 11:00
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Taiwan's CSC Reports 4.8% decrease in operating income for the first quarter of 2026 China Steel Corporation (CSC), Taiwan's largest steel producer, has announced preliminary financial results for the first three months of this year.In March, the company's carbon steel sales totaled 668,136 tons, while in the period from January to March, carbon steel sales totaled 1.84 million...
08.05.2026 11:00
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NEV wholesale sales in China were estimated at 1.22 million units in April The China Passenger Car Association (CPCA) announced that wholesale sales of new energy vehicles (NEVs) in China were estimated at 1.22 million units in April this year, up 7.0 percent year-on-year, with growth of 7.0 percent month-on-month, marking the transition of the NEV market from a low...
08.05.2026 10:00
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