Metallurgy news

• Siderperu's net profit increased sharply in 2025 Peruvian steelmaker Siderperu reported net profits equivalent to $52.689 million in 2025, up 28.8% from the $40.895 million achieved in 2024.Net sales rose 5.3% to $686.458 million, production costs increased 0.5% to $616.928 million, gross profit increased by 20.0% to $85.839 million and operating... 02.03.2026  18:00

• Gulf escalation disrupts shipping, steel could suffer if war continues The US-Israeli military strikes on Iran that began on February 28 and the subsequent Iranian response have naturally created a tense situation in the Persian Gulf, affecting operations in many industrial segments in the regions. The effects have already been seen in the oil and gas sector, with... 02.03.2026  16:00

• CRC exports to the US fell 36.7 percent in December 2025 compared to November According to export data from the U.S. Department of Commerce, cold rolled coil exports to the United States totaled 38,746 tons in December 2025, down 36.7 percent from the previous month and down 21.1 percent from the same period last year. In value terms, CRC exports totaled $52.9 million in... 02.03.2026  13:00

• US HRP imports increased 0.7 percent in December 2025 compared to November U.S. hot-rolled sheet imports totaled 46,808 tons last December, up 0.7 percent from November and down 76.8 percent from December 2024, according to preliminary data from the U.S. Department of Commerce. 2024The US imported the majority of HRC from Canada in December with 21,151 tonnes, up from... 02.03.2026  13:00

• US scrap metal exports down 19.5% in December 2025 compared to November According to the latest data from the US International Trade Commission, US scrap metal exports totaled 1,006,992 tons in December 2025, down 19.5% month-on-month and up 22.1% year-on-year.Turkey was the largest recipient of US scrap metal exports in December with 431,773 tons, up 5.7% higher... 02.03.2026  11:00

• 7 Steel UK: High energy costs and global overcapacity threaten Wales' steel sector The Welsh steel company 7 Steel UK said that steel producers in Wales continue to operate under significant global pressure due to the constant excess of steel capacity, volatile international trade conditions and industrial electricity prices, which remain significantly higher than those faced by... 02.03.2026  11:00

• EUROMETAL meeting in Southern Europe in 2026: Emilio Rossi sees a return to long-term stagnation, but points to opportunities in technology, energy and defense During the macroeconomic panel at the “EUROMETAL Southern Europe Meeting 2026” - held yesterday, February 26, in Milan - Emilio Rossi (EconPartners & Oxford Economics) outlined the global backdrop, which is still heavily shaped by the post-Covid political cycle and is now moving towards nor... 02.03.2026  10:00

• Indian Moil INCREASES the price of manganese ore, effective for all deliveries from March 1, 2026 Indian state-owned mining company MOIL limited has increased prices for select grades of manganese ore for all shipments from March 1, 2026, according to a company statement on Monday, March 2.The company said prices for manganese ore above 44 percent Mn, as well as prices for ore below 44 percent... 02.03.2026  09:00

• Container traffic in Indian ports has almost stopped after the US-Israeli attack on Iran The attack by the United States and Israel on Iran led to an almost complete cessation of the movement of containers through Indian ports, which seriously affected shipments to Dubai, Iran, Kuwait, Sharjah and Doha, SteelOrbis reported in trade and shipping circles on Monday, March 2.According to... 02.03.2026  09:00

• US assigns final CVD orders for imports of welded LD pipes from Turkey The U.S. Department of Commerce (DOC) announced the final results of the administrative review of the countervailing duty (CVD) order on large diameter welded pipe (LD) from Turkey.DOC determined that countervailing subsidies were provided to manufacturers and exporters of large diameter welded ... 27.02.2026  21:00