Metallurgy news
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Vale will make a final investment decision on the construction of a low-carbon steel megahub in Oman in 2026.Brazilian mining company Vale is nearing a final investment decision this year for the construction of a $5 billion low-carbon steel megahub in Oman's Dukm Special Economic Zone, designed to make the country a major producer of environmentally friendly steel and strengthen its industrial…
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Italy's ADI commissioners demand 7 billion euros in damages from ArcelorMittalAccording to international media reports, the extraordinary Commissioners of the Acciaierie d'Italia (ADI), formerly Ilva, have filed a lawsuit in a Milan court demanding damages of 7 billion euros from a former ArcelorMittal shareholder.The move comes at a time when the Italian government is…
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Tin exports from Indonesia increased to 53 thousand tons in 2025In 2025, Indonesia increased exports of tin ingots and tin solder by 15.3% to 53.05 thousand tons, the country's Ministry of Trade reported.In particular, in December, shipments increased by 6.8% and amounted to just over 5 thousand tons.Indonesia is the world's largest exporter of tin.
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Ukrainian Interpipe reported a decrease in net profit and pipe production in January-September 2025Interpipe, a Ukrainian manufacturer of steel pipes and railway wheels, announced financial and operating results for January-September 2025.During the specified period, the company generated a net profit of $114.27 million compared to $203.03 million recorded in the same period last year, and its…
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ABB completes modernization of chipboard power supply reliability for the Australian InfraBuild projectGlobal technology company ABB has upgraded the electric arc furnace (EDP) power supply system at the Australian steel company InfraBuild's Laverton smelter to improve reliability and reduce maintenance risks.ABB said the project included the installation of two VD4-AF vacuum circuit breakers…
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Turkish steel industry cooperates with MalaysiaAn important step has been taken in the Turkish stainless steel industry to increase supplies and diversify the market. The Turkish Association of Stainless Steel Industrialists and Businesses (PASID) has announced the signing of a memorandum of understanding with Bahru Sustainable, one of the…
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Ferrexpo production will decrease in 2025 due to war-related issuesSwiss mining company Ferrexpo, whose main interests are in Ukrainian iron ore assets, has announced production results for the fourth quarter and the full year 2025.In the fourth quarter of last year, the company's total commercial production decreased by 28.9 percent compared to the previous…
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Trump targets Iran-related trade with sweeping 25% tariff threatUS President Donald Trump announced that any country doing business with Iran will face a 25 percent tariff on all trade with the US, effective immediately. The announcement was made via social media and framed as a response to ongoing anti-government protests in Iran.The announcement comes amid…
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JFE Steel is developing a method for cutting fire-resistant coating on 40 mm thick I-beams%Japanese steel company JFE Steel has announced that it has developed the JFE fire-resistant coating reduction method, a construction method that reduces the thickness of fire-resistant coatings on H-shaped steel beams by about 40 percent compared to conventional approaches.The method was developed…
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Finished steel exports from China increased by 7.5% in 2025According to the latest data released by the General Administration of Customs of China (GACC), China's finished steel exports totaled 11.301 million tons last December, an increase of 13.2% month-on-month and an increase of 16.1% year-on-year.In December 2025, China's finished steel imports…
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