Metallurgy news

• Turkish steel sector: CBAM defaults do not reflect low carbon production Turkey's steel sector said default emissions values under the EU Carbon Border Mechanism do not accurately reflect Turkey's low-carbon production structure, calling for a reassessment of the methodology.Yalcin Ertan, chairman of the Aegean Ferrous and Non-Ferrous Metals Exporters Association,... 01.04.2026  16:00

• JFE Steel and JSW Steel limited are close to concluding a joint venture agreement Japan's JFE Steel Corporation limited has invested approximately $837.77 million to acquire a 25 percent stake in JSW Kalinga limited, a subsidiary of India's JSW Steel limited, according to a regulatory filing on Wednesday, April 1.This is the first phase of investment, while in the second phase,... 01.04.2026  16:00

• Metinvest: CBAM, rising costs and Russian steel put pressure on Ukraine's exports to the EU Alexander Vodoviz, head of the office of the CEO of Ukrainian mining and steel enterprise Metinvest Group, outlined the key challenges facing Ukrainian steel exports to the EU during the Forbes Ukraine Exporters Summit in Kyiv, pointing to the cumulative impact of the EU Carbon Border Adjustment... 01.04.2026  15:00

• Vale targets India to expand iron ore sales and trading Brazilian miner Vale SA is seeking to expand its presence in India by increasing iron ore supplies, targeting one of the world's fastest-growing steel markets, according to a Bloomberg report.India represents not only a sales opportunity, but also a potential hub for sourcing, blending and... 01.04.2026  15:00

• Scrap imports to Turkey increased by 2.7 percent in January-February 2026 Turkey's scrap imports fell 17.7 percent month-on-month and 9.4 percent year-on-year to 1.40 million metric tons in February this year, according to data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $534.53 million, down 15.9% year-on-year and 7.8%... 01.04.2026  14:00

• SMS Group signs contract for SAIL Durgapur upgrade for cylindrical ingot rollers The German SMS Group plant has received a turnkey contract from the Indian state-owned steel manufacturer Steel Authority of India Limited (SAIL) for the modernization of ingot casting machines at its Durgapur Steel Plant (DSP) in West Bengal, India.According to SMS Group, the scope of the project... 01.04.2026  14:00

• Wire exports to the US rose 12.5% ​​in January 2026 compared to December According to export data from the US Department of Commerce, wire exports to the United States totaled 6,737 tons in January this year, up 12.5% ​​month-on-month and down 15.0% year-over-year. In value terms, wire exports were $18.1 million in January, up from $17.7 million in the previous month and... 01.04.2026  13:00

• ArcelorMittal and Renault collaborate on low carbon steel for electric vehicle production Luxembourg steelmaker ArcelorMittal has announced a partnership with French automaker Renault Group focused on sustainable mobility, marking the start of low-emission steel supplies for electric vehicle (EV) production.Since September 2025, ArcelorMittal has been supplying its Usibor® 1500XCarb® s... 01.04.2026  13:00

• Chongqing Steel reports net loss of 2.722 billion yuan for 2025 Chongqing Chinese steel company Chongqing Iron & Steel Company Ltd. (Chongqing Iron & Steel Co.) announced that in 2025 it recorded operating revenue of 24.002 billion yuan ($3.5 billion), down 11.9% from the previous year, and a net loss for the year of 2.722 billion yuan ($0.39 billion), compared... 01.04.2026  12:00

• Fushun Special Steel reported a net loss of 805 million yuan for 2025 Chinese steel company Fushun Special Steel (Fushun Special Steel), based in liaoning Province, announced that it recorded operating income of 7.783 billion yuan ($1.13 billion) in 2025, down 8.26% from the previous year, and posted a net loss of 805 million yuan ($117 million) for the year,... 01.04.2026  11:00