Metallurgy news

• India's steel industry remains in expansion mode in December 2017, even as refining activity slows slightly In December 2025, India's steel industry saw widespread growth, despite a slight slowdown in the manufacturing, automotive, infrastructure, and construction sectors.Key indicators of the dynamics of the steel, iron ore and coal industries in IndiaCrude steel production increased by 8 percent... 10.02.2026  14:00

• Vietnam's steel imports decreased by 16.4 percent in January 2026 compared to December In January of this year, Vietnam's steel imports totaled 1.52 million tons, down 16.4 percent from December and up 60.6 percent from January 2025, while scrap metal imports decreased 25.8 percent month-on-month and increased 68.4 percent year-on-year to 507,237 tons. according to data released by... 10.02.2026  14:00

• Severstal has outlined a $1.27 billion investment program for 2026 in CherMK, focusing on low-carbon production The Russian metallurgical plant Severstal announced that in 2026 it will allocate 98.3 billion rubles ($ 1.27 billion) to the projects of the Cherepovets Metallurgical Plant. Of these, 68.6 billion rubles will be allocated for development projects, and 27.8 billion rubles for renovation... 10.02.2026  13:00

• Turkey's base metal production decreased by 2.2 percent in December 2025 compared to November According to data released by the Turkish Statistical Institute (TUIK), in December last year, Turkey's monthly industrial production, adjusted for the season and calendar, increased by 1.2 percent compared to the previous month, while the calendar-adjusted index decreased by 2.1 percent compared... 10.02.2026  13:00

• Sims Limited Consolidates Recycling operations in Houston Sims Limited, an Australian metal processing company, has agreed to acquire the assets of Houston-based Tri Coastal Trading for $66.5 million as part of a broader plan to consolidate its Houston operations, while simultaneously entering into an agreement to sell its neighboring non-operating land... 10.02.2026  12:00

• CISA calls on steel producers to control steel production and ensure stable development At the recent 13th Conference of the Members of the Chinese Association of Ferrous Metallurgy (CISA), held in Beijing, Zhao Mine, President of CISA and Chairman of Shougang Group, said that in 2025, China's steel industry demonstrated the following five main characteristics: a strong supply... 10.02.2026  12:00

• Ukrainian industry warns that CBAM could reduce exports by $5 billion over five years The Ukrainian Union of Industrialists and Entrepreneurs (UUPP) has warned that applying the EU Carbon Border Adjustment Mechanism (CBAM) to Ukraine without a transitional regime could pose serious risks to the country's economic stability during wartime.According to the association, any additional... 10.02.2026  11:00

• The U. S. steel industry emphasizes the need for affordable and reliable electricity The American Steel Manufacturers Association (SMA) emphasized the importance of affordable and reliable electricity for the continued growth of the U.S. steel industry in a statement at a congressional hearing on energy regulation.According to the association, its member companies generate an... 10.02.2026  11:00

• Import of slabs to Turkey decreased by 2.6 percent in 2025 In December 2025, the import of slabs to Turkey amounted to 372,164 metric tons, which is 2.7 percent less compared to November and 21.2 percent less year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, revenue from these imports totaled... 10.02.2026  10:00

• The Indian company NMDC Limited raises prices for all grades of iron ore pieces and small fractions Indian state-owned mining company NMDC Limited has raised prices for iron ore pieces and fines for all grades by 100 Indian ores/ton ($1.10/ton) for all shipments effective immediately, company sources said on Tuesday, February 10.After the revision, the price of iron ore pieces (Fe content 67%,... 10.02.2026  10:00