Metallurgy news
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BHP's profit in the 2025-26 fiscal year increased due to record iron ore shipments and higher steelmaking coal production.Australian mining company BHP announced that its net profit increased nine percent year-on-year to $9.8 billion in the fiscal year ended June 30, 2026, driven by higher prices for realized copper, iron ore and coal for steel production, high production volumes and disciplined cost management…
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The number of new cars registered in Turkey in July 2026 increased by 6.5% compared to JuneAccording to data published by the Turkish Statistical Institute (TUIK), in July of this year, the number of registered new cars in Turkey increased by 6.5% month-on-month and decreased by 19.4% year-on-year to 207,508 units.The new number of registered passenger cars in July was 78,761 units, an…
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Severstal has completed a major overhaul of the converter at CherMK worth $ 15.3 millionThe Russian steel company Severstal has announced the completion of a series of major equipment repairs at the converter steel plant of its Cherepovets Metallurgical Plant (CHERMK), taking advantage of the planned shutdown of converter No. 2 to modernize several adjacent units.The project, worth…
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V.V. Stahl: Low water level in the Rhine threatens the competitiveness of German industryThe German Steel Federation (WV Stahl) has called for concrete measures to address the effects of sustained low water levels on Germany's industrial logistics and competitiveness following a high-level meeting convened by Federal Minister of Transport Steffen Bilger.As SteelOrbis reported…
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Industrial production in China's steel sector increased by 1.8 percent in January-July 2026In the period from January to July of this year, the volume of industrial production with added value in the smelting and rolling of ferrous metals in China increased by 1.8% year-on-year, as reported by the National Bank of China. Bureau of Statistics (NBS) on August 17.In the first seven months…
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China's business activity Index decreased by 6.7 percent in January-July 2026For the period from January to July of this year, the total volume of fixed asset investments (FAI) (excluding rural households) in China amounted to 26.0328 trillion yuan (3.8 trillion dollars), the indicator decreased by 6.7% year-on-year, which is 1.0 percentage points faster than the decrease…
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U.S. slab imports Decreased 0.2 percent in June 2026 compared to MayAccording to preliminary data from the US Department of Commerce, imports of slabs to the United States in June this year amounted to 508,304 tons, which is 0.2 percent less than in the previous month and 10.4 percent more than in June 2025. In value terms, imports of slabs in June 2026 amounted to…
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U.S. steel production Rose 0.7 Percent in the 33rd week of 2026According to the American Institute of Ferrous Metallurgy (AISI), for the week ending August 15, 2026, domestic steel production in the United States amounted to 1.833 million tons, and the capacity utilization rate was 79.4 percent.Production volume for the week ending August 15, 2026 increased by…
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Exports and imports of wire rod from Brazil increased in July, while sales in the United States increasedExports of wire rod from Brazil in July reached 34,300 metric tons (thousand tons) against 29,600 tons in June, according to the SECEX Foreign Trade secretariat of the Ministry of Development, Industry and Foreign Trade.The increase was mainly due to a 141 percent increase in shipments to the…
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Algoma Steel suspends EDP production due to unplanned power plant shutdownAlgoma Steel Group Inc., a Canadian company, announced on August 17 that its Lake Superior Power (LSP) plant in Sault Ste had an unplanned outage. Marie, Ontario, forced the suspension of production at its electric arc furnace (EDP)).According to the company, a malfunction was detected on one of…
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