Metallurgy news
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Exports of structural pipes from the USA in May 2026 increased by 10.7% compared to AprilAccording to the export data of the US Department of Commerce, the export of structural pipes from the United States in May this year amounted to 5,622 thousand tons, which is 10.7% more than in April and 0.5% more than in May 2025. In value terms, the volume of exports of structural pipes in May…
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ArcelorMittal increases quarterly EBITDA to $2.06 billionArcelorMittal, the world's second largest steel producer, increased EBITDA by 23% in the second quarter of 2026 compared to the first quarter, to $2.06 billion, the company said. Compared to the same period last year, the indicator increased by 11%.Net profit amounted to $683 million, which is 18%…
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In the first half of 2026, Hoa Phat will reach 70% of the planned profit for 2026.Vietnamese steel giant Hoa Phat Group has announced its financial results for the second quarter and first half of 2026.In the first half of the year, the company's revenue amounted to 55.55 trillion dong ($2.11 billion), an increase of 53 percent year-on-year, and net profit reached 6.42 trillion…
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IEEFA: India's desire to expand coking coal production is fraught with increased methane emissionsIndia's drive to expand domestic coking coal production could significantly increase methane emissions if emissions abatement is not included in production planning, according to a report from the Institute for Energy Economics and Financial Analysis (IEEFA) published on Friday, July 31.As…
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Alacero: Steel imports from Latin America account for 40.5% of regional consumptionAccording to data released by the Latin American Steel Manufacturers Association (Alacero), the activity of the Latin American steel industry remained relatively stable in May 2026: production of crude steel and rolled steel increased year-on-year, while aggregate consumption remained virtually…
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Japanese steel exports decreased by 6.9% in the first half of 2026According to customs statistics released by the Japan Federation of Ferrous Metallurgy (JISF), in June of this year, Japanese exports of pig iron and steel totaled 2.56 million metric tons, an increase of 7.6 percent month-on-month and 1.6 percent year-on-year.In the first half of this year…
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MOC: The average price of rebar in China will decrease slightly from July 20 to July 26, 2026The Chinese Ministry of Commerce (MOC) has announced that average prices for finished steel in China will decrease slightly between July 20 and July 26 this year.During the specified period, all average prices for ordinary rolled products of medium thickness, hot-rolled products, steel products and…
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Aperam's revenue from stainless steel sales increased in the second quarter of 2026 amid rising pricesLuxembourg-based stainless steel manufacturer Aperam announced that sales revenue in the stainless and electrical steel segment totaled 1.08 billion euros in the second quarter of 2026, an increase of nine percent from the previous quarter and 6.8 percent year-on-year, mainly due to higher selling…
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Xining Special Steel invests in setting up a technology companyQinghai Xigang Recycling Technology Co., Ltd., a wholly owned subsidiary of Chinese steel manufacturer Xining Special Steel based in Qinghai Province, was founded on July 21, its legal representative is Wu Guocheng, the authorized capital is 30 million yuan (4.4 million dollars). The company's…
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ZZF reduced its net profit to UAH 104 millionPJSC Zaporizhia Ferroalloy Plant (ZZF) reduced its net profit by 17.2% in January-June of this year compared to the same period last year to UAH 103.958 million.During the reporting period, the plant increased its net income by 9.1% to UAH 816.929 million.Retained earnings at the end of June this…
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