Metallurgy news
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Rig count decline in US and Canada - Week 13 of 2026 Baker Hughes reported that for the week ended March 27, 2026, the number of rotary drilling rigs in the United States fell by nine rigs for the week to 543.The number of gas drilling rigs decreased by four to 127 , and the number of oil drilling rigs fell by five to 409. The total number of...
30.03.2026 23:00
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Brazilian HDG exports fell 67 percent in February, although imports tripled. Brazil exported 12,400 tons of hot-dip galvanized (HDG) products in February, while the country imported 99,600 tons of HDG versus 37,500 tons and 24,900 tons, respectively, a month earlier, according to Secex, the country's foreign trade secretariat at the Ministry of Development, Industry and...
30.03.2026 20:00
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30.03.2026 19:00
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NLMK reported a decrease in net profit and sales revenue in 2025 The Russian steel company NLMK Group announced financial results in accordance with international financial reporting standards (IFRS) for 2025.In the reporting year, the company's net profit amounted to 63.11 billion rubles. ($778.19 million) compared to net profit of 121.87 billion rubles. in...
30.03.2026 19:00
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Taiwan's production of base metals fell 21.14 percent in February 2026 compared to January. Taiwan's industrial production index fell 11.65 percent in February this year from the previous month and rose 17.83 percent year on year, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index this month increased 3.47...
30.03.2026 18:00
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Severstal is reviewing its budget for 2026 amid weakening demand for steel Russian steel producer Severstal has adjusted its budget for 2026 in response to a significant deterioration in the steel market, as announced by CEO Alexander Shevelev.Severstal stated that the current market situation is becoming increasingly difficult, prompting the company to implement...
30.03.2026 18:00
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Russia's Mechel reported higher net losses in 2025 amid a sharp drop in revenue and EBITDA Mechel, one of the leading Russian mining and metallurgical groups, announced financial and operating results for 2025.Accordingly, last year the company received a net loss of 78.6 billion rubles. ($893 million) compared to a net loss of 37.12 billion rubles. in 2024, and sales revenue amounted to...
30.03.2026 17:00
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Feralpi enters into first local biomethane supply agreement with AB Italy's Feralpi Group is stepping up decarbonization efforts by signing the first local agreement on the supply of biomethane to the steel industry. The group announced this in a press release published today on March 30, which states that the contract signed by Acciaierie di Calvisano with AB...
30.03.2026 17:00
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Aluminum rose in price by 4% due to the Iranian attacks on factories in the Persian Gulf Aluminum prices are rising on Monday on information about the Iranian attacks on the enterprises of the largest Middle Eastern metal producers.Aluminum futures for delivery in three months on the London Metal Exchange (LME), as of 11:10 a.m., are trading at $3,432.5 per ton. Earlier, during...
30.03.2026 17:00
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Japan's steel exports decreased by 10.7 percent in January-February 2026 According to customs statistics published by the Japanese Federation of Ferrous Metallurgy (JISF), in February of this year, exports of iron and steel products from Japan amounted to 2.18 million metric tons, down 4.5 percent month-on-month and 13.2 percent year-on-year.In the period from January...
30.03.2026 16:00
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