Metallurgy news

• Inventories of key finished steel products in China fell by 2.2% at the beginning of May 2026 On May 10 this year, the total domestic inventories of five major finished steel products in China's 21 major cities totaled 10.0 million tons, down 2.2 percent from April 30, 1.4 percentage points slower than the decline rate recorded at the end of April (April 21-30), as announced by the China... 15.05.2026  10:00

• Indian JSW Steel Limited to merge with BMM Ispat Limited India's JSW Steel Limited will merge its subsidiary BMM Ispat Limited (BIL) with itself to achieve higher operational synergies and expand its portfolio of long products, the company said in a regulatory filing on Friday, May 15.The company stated that the integration would provide significant... 15.05.2026  10:00

• CSN's net loss fell 24.1 percent in the first quarter of 2026 Brazilian steel and iron ore producer Companhia Siderúrgica Nacional (CSN) reported a net loss equivalent to $111.450 million in the first quarter of 2026, compared with a net loss of $146.904 million in the same period in 2025.Net sales increased 2.8 percent to $2.129 billion, production costs ... 14.05.2026  19:00

• IDDMIB: Turkish steel industry index rose sharply in April, export unit prices reached a record high The Istanbul Association of Ferrous and Non-Ferrous Metal Exporters (IDDMIB) has published the results of the Turkish metallurgical industry export index TR-METALENDEKS for April 2026. The data showed that the recovery process that continued in March turned into a sharp and strong upward trend in... 14.05.2026  17:00

• Eurozone industrial production in March 2026 increased by 0.2 percent compared to February In March this year, seasonally adjusted industrial production increased by 0.2 percent in the eurozone and by 0.8 percent in the EU compared to February. Industrial production rose 0.2 percent in February in both the eurozone and the EU. In March 2026, compared with March 2025, industrial... 14.05.2026  16:00

• India's iron ore exports jumped in April 2026 due to stronger orders in China and improved logistics Exports of iron ore and pellets from India increased by 39.6% month-on-month to about 2.29 million tons in April 2026, according to BigMint data, from 1.64 million tons in March. The total amount included 2.14 million tons of iron ore and 0.15 million tons of pellets.The sharp increase was driven... 14.05.2026  16:00

• In March 2026, U.S. HRC imports were up 70.4 percent from February. U.S. hot-rolled sheet imports totaled 85,939 tons in March this year, up 70.4 percent from February and down 28.6 percent from March 2025, according to preliminary data from the US Department of Commerce. year.In March, the United States imported the most heat-resistant materials from Japan -... 14.05.2026  15:00

• The Japanese company JFE Steel forecasts a decrease in net profit and net sales in the 2025-2026 fiscal year, as well as the continuation of difficult market conditions. Japanese steel company JFE Holdings Co. announced consolidated financial and operating results for the full 2025-26 fiscal year ended March 31.For the full fiscal year, the company recorded a net profit of 74.03 billion yen (468.84 million US dollars) compared to a net profit of 93.25 billion yen... 14.05.2026  15:00

• UK government could spend billions more to nationalize British Steel The UK government is reportedly facing the prospect of spending billions more on British Steel as ministers move to fully nationalize the company, according to a Politico report citing multiple steel industry sources.During The Royal Speech on Wednesday, May 13, King Charles said the UK government... 14.05.2026  14:00

• CRC exports from the United States increased by 19.1% in March 2026 compared to February According to export data from the U.S. Department of Commerce, exports of cold-rolled coils to the United States totaled 68,586 tons in March this year, up 19.1 percent month-on-month and 6.7 percent year-on-year. In value terms, CRC exports totaled $93.73 million in March, compared with $75.3... 14.05.2026  14:00