Metallurgy news
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Sweden's LKAB reports lower net profit and slightly higher revenue in 2025 Swedish iron ore producer LKAB reported financial results for the fourth quarter and full year 2025.The company recorded a net profit of SEK 526 million ($59.39 million) in the quarter, compared with a net profit of SEK 2.07 billion in the fourth quarter of 2024, while sales revenue declined by...
11.02.2026 15:00
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Queensland coal exports decreased by 21.0% in January 2026 compared to December In January of this year, coal exports from the Australian ports of Hay Point, Dalrymple Bay Coal Terminal (DBCT), Abbot Point and Gladstone, located in Queensland, decreased by 21.0 percent month-on-month and increased by 3.2 percent year-on-year to 14.77 million tons, according to data released by...
11.02.2026 15:00
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Polish Konstal: steel prices in the EU are rising as CBAM reduces import costs According to Emil Ceglarski, purchasing director at Polish steel distributor Konstal, European steel prices are starting to rise again as the EU's Carbon Boundary Adjustment Mechanism (CBAM) moves from a transitional phase to full implementation.Ceglarsky said that the mechanism is already...
11.02.2026 14:00
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Kobe Steel reports a decrease in net profit and revenue for April-December 2025 Japanese steel company Kobe Steel Ltd has released financial results for the first nine months ended December 31, 2025-26 fiscal year.During this period, Kobe Steel reported a net profit of 84.33 billion yen ($550.98 million), an increase from a net profit of 116.84 billion yen recorded in the same...
11.02.2026 14:00
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Taiwan's iron and steel exports grew by 9.5% in January 2026 In January this year, the value of Taiwan's iron and steel exports rose 9.5 percent year on year to $1.21 billion, according to statistics released by Taiwan's Ministry of Finance.The country's iron and steel import value was $721 million this month, down 24.1 percent on an annual...
11.02.2026 13:00
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Erdemir to supply 40,000 tons of ship plates for the MUGEM aircraft carrier project in Turkey Turkey-based Erdemir, part of the OYAK Mining Metallurgy Group, announced that the steel requirements of the National Aircraft Carrier (MUGEM) project, planned to become the largest vessel in the inventory of the Turkish Navy, will be supplied by the company.Erdemir stated that he will manufacture...
11.02.2026 13:00
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Danieli to supply water treatment plant for JSW Steel's Dolvi hot strip mill Italian manufacturer Danieli has announced that it has signed a contract with Indian steel company JSW Steel to design and supply a water treatment plant (WTP) to service the third phase of the 4.5 million tonne hot strip plant expansion at its Dolvi Works in Maharashtra, India.One of the largest...
11.02.2026 12:00
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The Indian government will take measures to mitigate the impact of the EU CBAM on steel exports While Indian steel exports will continue to be affected by the European Union's Carbon Boundary Adjustment Mechanism (CBAM), the Indian government will take steps to help steel companies maintain overseas shipments to the region, Steel Ministry Secretary Sandeep Poundrik said on Wednesday, February...
11.02.2026 12:00
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Imports of cold-rolled steel products to Turkey increased by 29 percent in 2025 In December 2025, imports of cold-rolled rolled products to Turkey amounted to 61,547 metric tons, which is 47.1 percent less than in November and 32.2 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of these imports...
11.02.2026 11:00
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Bosnia plans to impose 30% tariffs on steel imports According to local media provider Capital, Bosnia and Herzegovina is preparing to impose 30 percent tariffs on imported steel and steel products for a 200-day period. The proposal, which now requires the approval of the Council of Ministers of Bosnia and Herzegovina, is modeled on similar trade...
11.02.2026 11:00
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