Metallurgy news
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Rio Tinto refuses merger talks with Glencore due to shareholder value issues Australian miner Rio Tinto has announced that it will not pursue a merger or any other business combination with Swiss miner Glencore, concluding that an agreement cannot be reached that will create sufficient value for its shareholders.The company said it had evaluated the potential deal in...
06.02.2026 17:00
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Aperam's net profit falls sharply in 2025 Global stainless steel producer Aperam SA, headquartered in Luxembourg, announced financial results for the fourth quarter and full year 2025.Aperam reported a net profit of €29 million in the quarter, compared with a net profit of €12 million in the third quarter, and sales revenue of €1.36 billi...
06.02.2026 16:00
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Assofermet: Italian scrap metal market strengthened in January, demand forecast remains uncertain The Italian scrap metal market closed in January on a decidedly firmer footing than at the end of 2025. In the first half of the month, prices for ferrous scrap increased by about € 20-25/ton, which reinforced a more optimistic mood among operators in the collection, recovery, processing and t...
06.02.2026 16:00
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AMNS India becomes the first integrated steel company to receive Indian green steel certification ArcelorMittal Nippon Steel India limited (AMNS India) has become the first integrated steel manufacturer in India to receive official green steel certification from the Ministry of Steel under the country's recently introduced Green Steel Taxonomy, the company said in a statement.India Green Steel...
06.02.2026 15:00
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Italian foundry industry "on the verge of production shutdown" During a round table held at the Italian Ministry of Entrepreneurship and Manufacturing (MIMIT) with the main energy-intensive industries, the Italian foundry trade association Assofond warned the Minister of Enterprise, Adolfo Urso, that the sector "is on the verge of production shutdown."The...
06.02.2026 15:00
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Kametstal expands hardware exports to Europe through certification for Lithuania The Kametstal plant of the Metinvest Mining and Metallurgical Group (Kamenskoye, Dnipropetrovsk region) He has certified fittings according to B500SP and B500B classes for the supply of products to Lithuania.According to the company, Metinvest metal products are conquering EU construction sites.At...
06.02.2026 15:00
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British Steel supplies 480 tons of sections for a major industrial project in the UK British steel manufacturer British Steel has announced that it has delivered 480 tons of structural sections for a major industrial development at the Associated British Ports Helm site in Immingham, a project considered one of the most significant in the region in recent decades.The development is...
06.02.2026 14:00
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Production in the French steel industry increased by 1.6 percent in December 2025 compared with November According to statistics released by the French National Institute of Statistics and Economic Research (INSEE), French output increased by 0.3 percent month-on-month in December last year, following a 0.7 percent decline in November last year. In the October-December quarter, French output increased...
06.02.2026 14:00
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Tenova to supply Consteel EAF to Nippon Steel's Yawata plant Italy's Tenova announced that the Italian plant manufacturer has been selected by Nippon Steel Corporation to supply the world's largest Consteel ® electric arc furnace (EAF) to the Yawata region at its Kyushu plant in Japan.Tenova said the project will include the supply of a 340 metric ton ...
06.02.2026 13:00
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Hyundai Steel reports higher operating profit for 2025 amid lower costs South Korean metallurgical company Hyundai Steel has announced consolidated financial results for 2025.Accordingly, Hyundai Steel posted a net profit of 1 billion Korean won ($680,928) for the full year, compared with a net profit of 9 billion Korean won in 2024, while sales revenue decreased 2.1...
06.02.2026 13:00
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