Metallurgy news
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Japan’s auto production rises 2.9% in January–AugustJapan produced 5,617,551 vehicles in January–August 2026, up 2.9% from the same period a year earlier, according to the Japan Automobile Manufacturers Association (JAMA).Production of passenger cars, trucks and buses fell 4.9% year on year in August to 516,399 units. Domestic sales, however, rose…
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Industrial producer prices rise 2.5% in euro area in SeptemberIndustrial producer prices in September 2026 rose by 2.5% from August in the euro area and by 2.6% in the EU. Year on year, they increased by 11.1% and 10.9%, respectively, according to Eurostat, the European Union’s statistical office.In August, monthly increases stood at 2% in the euro area and…
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Australia awards A$15 million for Hadean Energy hydrogen pilot in VictoriaThe Australian government will provide A$15 million to Hadean Energy to build a renewable hydrogen pilot plant in Victoria. The A$30 million project aims to lower hydrogen production costs and reduce emissions from steelmaking. The plant will be built at a production site in Western Port. Hydrogen…
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POSCO’s Q3 operating profit rises 47.8% year on yearSouth Korean steelmaker POSCO reported operating profit of KRW 945 billion ($696.7 million) for the third quarter of 2026, up 15.4% from the previous quarter and 47.8% year on year. Consolidated revenue rose 10.8% year on year to KRW 19.14 trillion ($14.11 billion).The company said higher selling…
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China stays Turkey’s top HRC supplier as Malaysia moves into second placeChina remained Turkey’s largest supplier of hot-rolled coil (HRC) in January–September 2026, despite a steep drop in shipments. Malaysia rose to second place after increasing deliveries fivefold. Turkey imported 2.71 million metric tons of HRC in the first nine months, down 7.4% year on year…
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China takes 77% of global new shipbuilding ordersChinese shipyards secured 77% of global new shipbuilding orders in January–October 2026, covering 2,238 vessels and 61.36 million CGT. China remained the world’s leading shipbuilding market for the 19th consecutive month, according to Clarksons.South Korea ranked second, with a 15% share: 296…
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Sandur Manganese posts 88% rise in Q2 net profitIndia’s Sandur Manganese & Iron Ore Limited (SMIOL) recorded consolidated net profit of INR 2.6 billion ($27.65 million) in the second quarter of fiscal 2026–27, covering July to September. That was an 88% increase from the same quarter a year earlier.Revenue from operations rose 22% year on year…
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Steel and coal prices in China edge down in late OctoberAverage prices for finished steel products in China edged down from October 26 to November 1, 2026, the Ministry of Commerce said.Prices for common medium steel plate and hot-rolled steel strip fell 0.7% week on week, while rebar declined 0.4%. Coal prices also slipped: thermal coal was down 0.6%…
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US sets preliminary 47.21% dumping margin on Austrian OCTGThe US Department of Commerce has preliminarily found that certain oil country tubular goods (OCTG) from Austria are being, or are likely to be, sold in the US at less than fair value. The investigation covers April 1, 2025, through March 31, 2026. The department calculated a preliminary dumping…
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Chile’s economy grows 0.2% in September as mining weighs on activityChile’s economy grew 0.2% in September 2026 from a year earlier, the country’s Central Bank said. The modest increase reflected a downturn in mining, particularly copper production.The IMACEC index of economic activity fell 12.1% year over year in the mining sector. Excluding mining, the index…
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