Metallurgy news
-
Missile attack on Arcelormittal Kryvyi Rih partially halted production"ArcelorMittal Kryvyi Rih, the Ukrainian subsidiary of ArcelorMittal with headquarters in Luxembourg, announced that a rocket attack had been launched at its plant overnight, damaging two blast furnaces and one power plant, which led to a partial shutdown of production processes at the plant.The…
-
The total volume of steel exports from Ukraine in January-July 2026 decreased by 4.9%According to data published by the Ukrainian Metallurgical Association Ukrmetallurgprom, for the period from January to July of this year, the total steel production in Ukraine amounted to 3.32 million tons, compared with 3.62 million tons for the same period in 2025. About 2.08 million tons, or…
-
How does the European market feel about the changes in the quota system?The new protective measures of the European Commission, which entered into force on July 1, had a significant impact on the steel market due to the restructuring of quotas for specific countries, the introduction of additional quota mechanisms under free trade agreements (FTAs), and an increase in…
-
Domestic steel consumption in Japan increased by 4.9% in January-June 2026According to data released by the Japanese Federation of Ferrous Metallurgy (JISF), in June of this year, domestic consumption of steel products in Japan amounted to 3.76 million metric tons, up 5.2% from the previous month and up 3.7% year-on-year. Meanwhile, in the first six months of 2026, the…
-
Borusan Berg Pipe continues to strengthen its presence in the USA with new ordersTurkish steel pipe manufacturer Borusan Birleşik Boru Fabrikaları Ticaret A.Ş. (Borusan Boru) announced that its American subsidiary Borusan Berg Pipe has received new sales orders worth about 360 million dollars after commercial negotiations in the United States.According to the company's…
-
BlueScope's net profit will grow sharply in fiscal year 2025-26 amid rising steel prices in the United StatesAustralian steel producer BlueScope Steel has released financial and operating results for the fiscal year ended June 30. 2026. The company's net profit amounted to 802 million Australian dollars, an increase of 857 percent in year-on-year, while core EBIT increased from AUD$738.2 million in the…
-
Indian company Jindal Stainless Limited invests $94 million in increasing cold rolling capacityIndian company Jindal Stainless Limited (JSL) is investing about $94 million to increase its cold rolling capacity to meet the growing demand for products in sectors such as automotive, home appliance manufacturing and food processing, the company's managing director Abhyudey Jindal said in a…
-
China's new total social financing will increase to 22.25 trillion yuan in January-July 2026For the period from January to July of this year, the total volume of new social financing in China, which is a broad indicator of lending and liquidity in the country, amounted to 22.25 trillion yuan (3.3 trillion dollars), a decrease of 1.74 trillion yuan (0.26 trillion dollars) compared to the…
-
Indian NMDC expects consolidated net profit to grow by 2% in the 1st quarter of fiscal year 2026-27Indian state-owned iron ore mining company NMDC Limited generated a consolidated net profit of INR 20.05 billion ($209.82 million) in the first quarter (April-June) of fiscal year 2026-27, up two percent from last year, according to a company statement released on Monday, August 17.The company's…
-
U.S. steel exports Increased by 6.8% in June 2026 compared to MayAccording to export data from the US Department of Commerce, monthly steel exports in June this year increased by 6.8% compared to May and amounted to 14.9% year-on-year to 644,322 tons. In value terms, U.S. steel exports totaled $1.26 billion in June, compared with $1.16 billion in May and $1.08…
Pages
← previous
next →
