Metallurgy news

• The gross profit of Chinese metallurgical enterprises in January-April 2026 amounted to 7.58 billion yuan. In January-April of this year, the ferrous metals smelting and rolling sector in China recorded a gross profit of 7.58 billion yuan (1.1 billion US dollars), which is 51.5 percent less than last year, as announced by the National Bureau of Statistics of China (NBS) on May 27.The automotive sector... 27.05.2026  14:00

• Indian company MAN Industries limited acquires National Pipe Company limited in Saudi Arabia India's MAN Industries limited, a major manufacturer of large diameter carbon steel pipeline pipes, has acquired a 100 percent stake in National Pipe Company limited in the Kingdom of Saudi Arabia through its wholly owned subsidiary MAN International Steel Industries Company, according to a company... 27.05.2026  13:00

• The volume of construction in the eurozone in March 2026 increased by 0.8 percent compared to February According to the first estimates published by Eurostat, the Statistical Office of the European Union, in March of this year, seasonally adjusted production in the construction sector in the member states of the European Union (EU-27) increased by 1.2 percent compared to February of this year and... 27.05.2026  13:00

• SSAB supplies decarbonized steel for the Vattenfall solar power project in Germany Swedish steelmaker SSAB announced that it has supplied decarbonized steel to a solar power project being developed in Germany by Swedish energy company Vattenfall, highlighting growing demand for low-emission steel products in renewable energy infrastructure.SSAB Zero™ will be used in the s... 27.05.2026  12:00

• The auction of Liberty Galati assets will resume in June after court approval. The auction of assets of the only Romanian manufacturer of flat rolled products, Liberty Galati, is scheduled to resume in June after court approval in Romania, according to media reports.The auction will take place on June 19, 2026, and the sale process reportedly includes the Galati steel mill... 27.05.2026  12:00

• US and Iran close to agreement to reopen Strait of Hormuz during proposed ceasefire extension The United States and Iran are reportedly close to reaching an interim agreement that could reopen the Strait of Hormuz during a proposed 60-day ceasefire extension.The discussions come amid ongoing tensions in the Middle East and growing concerns about disruption to global energy markets caused by... 27.05.2026  11:00

• Ukraine launches AD-sensing in coated steel from four countries Ukraine has initiated an anti-dumping investigation into imports of rolled carbon steel with a coating from Turkey, Vietnam, South Korea and India after reviewing the relevant complaint, as well as the report and conclusions of the Ministry of Economy on the results of anti-dumping production,... 27.05.2026  11:00

• Aluminum rose to its highest level since March 2022 Aluminum prices have updated a four-year high amid fears of lower aluminum production in China due to ongoing supply disruptions from the Middle East.Aluminum futures for delivery in three months on the London Metal Exchange (LME) are trading at $3,687.5 per ton, which is 1% higher than the closing... 27.05.2026  11:00

• Jindal Oman will invest $390 million to build a steel plant in Sohar Jindal Steel Oman has signed an agreement with the industrial city of Sohar, Oman, to develop an integrated steel plant, entailing an investment of $390 million, industry circles told SteelOrbis on Tuesday, May 27.The agreement, signed with the Government Authority for Industrial Estates (Madayn),... 27.05.2026  10:00

• CISA: Coking coal purchase costs in China increased by 2.06 percent in January-April 2026 In January-April of this year, the weighted average cost of purchasing coking coal, domestically produced iron ore and imported iron ore in China increased by 2.06%, 2.06% and 0.55% year-on-year, while the weighted average cost of purchasing metallurgical coke and ferrous scrap in China decreased... 27.05.2026  10:00