Metallurgy news

• India's ferrous scrap imports fall 20% in FY2026 amid cheaper domestic alternatives Despite the decline in imports, total ferrous scrap consumption in India actually rose 17 percent to a record 41 million tonnes in FY 2025-26 from 35 million tonnes in FY 2024-25. This comes as domestic scrap production jumped 22 percent year-on-year to 32 million tonnes, reducing the country's... 19.05.2026  10:00

• Luo Tiejun: China must ensure fair competition and legal operations to promote high-quality development of the scrap metal industry While attending the 17th China International Symposium on Metal Recycling and Utilization and the 10th (Extended) Meeting of the Seventh Council of the China Scrap Metal Recycling Association in Hefei, Anhui Province, Luo Tejun, vice president of the China Iron and Steel Industry Association... 18.05.2026  10:00

• China's new total social financing will increase to 15.45 trillion yuan in January-April 2026 According to the People's Bank of China (PBOC), in January-April of this year, new aggregate social financing in China, representing a broad measure of lending and liquidity in the country, amounted to 15.45 trillion yuan (2.3 trillion US dollars), which is 893 billion yuan (130.6 billion US... 18.05.2026  10:00

• Exports of heavy rolled products from Brazil increased by 117 percent in April, the United States is still absent from the market. Brazil exported 11,300 tons of thick sheet in April, up from 5,200 tons in March, according to SECEX, the foreign trade secretariat of the Ministry of Development, Industry and Foreign Trade.Despite sharply higher levels compared to March, volumes in April remain low compared to the average volumes... 15.05.2026  22:00

• US becomes Turkey's largest coking coal supplier as imports rise 22.8 percent in January-March 2026 Turkey's coking coal imports totaled 427,598 metric tons in March this year, up 102.2 percent year-on-year and 113.5 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, revenue from these imports totaled $83.11 million, an increase of... 15.05.2026  16:00

• Exports of rolled plates to the United States decreased by 6.5% in March 2026 compared to February According to export data from the U.S. Department of Commerce, exports of rolled plates to the United States totaled 41,797 tons in March this year, down 6.5 percent month-on-month and up 58.4 percent year-on-year. In value terms, exports of rolled plates totaled $45.09 million in March this year,... 15.05.2026  16:00

• US CRC Imports Down 24.8 Percent in March 2026 Compared to February U.S. imports of cold-rolled coil totaled 54,744 tons in March this year, down 24.8 percent month-on-month and down 53.2 percent year-over-year, according to preliminary U.S. Commerce Department census data. In value terms, CRC imports were $51.63 million in March this year, compared to $69.34... 15.05.2026  15:00

• Thyssenkrupp reports a net loss and lower sales in the second quarter of fiscal year 2025-26 German steel company Thyssenkrupp has announced financial results for the first quarter ending March 31, 2025-26 fiscal year.In the quarter, the company reported a net loss of €11 million, compared with a net profit of €167 million recorded in the same quarter of the previous fiscal year, while sal... 15.05.2026  15:00

• The libyan company LISCO has completed the commissioning of a cold rolling mill libyan Iron and Steel Company (LISCO), one of North Africa's leading steel producers, has completed the commissioning and testing phase of its new cold rolling mill project, marking a significant step in expanding libya's sheet steel processing capabilities, according to media reports. The new... 15.05.2026  14:00

• Kazakhstan to build first modern metallurgical coke plant in Karaganda The Government of Kazakhstan has announced the signing of an investment agreement for the construction of the country's first modern metallurgical coke plant in the Karaganda region.The project will have a planned annual production capacity of 1 million tons and is expected to be one of the first... 15.05.2026  14:00