Metallurgy news

• Canada's Baffinland Clears Regulatory Path to Start Construction on Mary River Iron Ore Project According to Canadian mining company Baffinland Iron Mines Corporation, the company has reached an important milestone in its Mary River project after completing consultations with the Inuit, who are supporting the issuance of all key regulatory approvals required to begin construction of the... 02.02.2026  16:00

• Metinvest's tax deductions in Ukraine decreased by UAH 1.1 billion in 2025 In 2025, Metinvest Mining and Metallurgical Group, including associated companies and joint ventures, transferred UAH 18.7 billion to the budgets of all levels in Ukraine, and in 2024 - UAH 19.8 billion.According to the company's press release on Monday, the largest amount of deductions was the... 02.02.2026  16:00

• South Africa's base metals export value down 20.6 percent in 2025 According to data released by the South African Revenue Service (SARS), the value of exports of South African non-ferrous metals and products amounted to 12.44 billion South African rials ($776.96 million) in December last year, down 8.8% from November. In 2025, South Africa's export value of base... 02.02.2026  15:00

• Passenger car sales in India increased by 13% in January 2026% According to industry data released on Monday, February 2, Indian passenger car sales, indicated by shipments from manufacturers to dealers, were estimated at 455,000 units in January 2026, up 12.6 percent from last year.On a disaggregated level, most major passenger car manufacturers also recorded... 02.02.2026  15:00

• Turkey's Borçelik exports 80% of its products, focusing on the EU, the Balkans and North America. Kerem Cakir, CEO of the Turkish steel company Borçelik Çelik Sanayi Ticaret A.Ş., stated that the company has a flat steel production capacity of about 1.5 million tons, positioning it as a strategic supplier to the Turkish manufacturing industry, according to local media reports.Cold-rolled pr... 02.02.2026  14:00

• Switzerland and the EU are negotiating measures to protect steel and ferroalloys Switzerland and the European Union held a discussion on EU measures affecting steel imports and protective measures for certain ferroalloys after an extraordinary meeting of the Joint Committee established under the bilateral free Trade agreement. According to an official statement from the Swiss... 02.02.2026  14:00

• Indian MOIL LIMITED increased prices for grades of manganese ore for deliveries in February 2026 India's state-owned manganese mining company has increased prices for various grades of ore for all shipments from February 1, according to a company statement on Monday, February 2.The company said the price of manganese ore containing more than 44 percent Mn has been increased by five percent,... 02.02.2026  11:00

• Scrap imports to Turkey decreased by 6.7 percent in 2025 Last December, the volume of scrap imports to Turkey decreased by 6.6 percent year-on-year and 0.4 percent month-on-month to 1.74 million metric tons, according to data provided by the Turkish Statistical Institute (TUIK). The value of these imports amounted to $624.99 million, a decrease of 14.8%... 02.02.2026  11:00

• The net profit of the Indian company Jindal Steel Limited in the third quarter of fiscal year 2025-26 decreased by 80% Indian company Jindal Steel Limited (JSL), formerly known as Jindal Steel and Power Limited, reported a net profit of 1,885.00 million Indian rupees ($20.55 million) in the third quarter (October-December) of fiscal year 2025-26, down 80 percent from the same period last year. according to the... 02.02.2026  10:00

• IOC: The average price of rebar in China decreased by 0.2 percent from January 19 to January 25 The Chinese Ministry of Commerce (MOC) announced that the average price of finished steel in China decreased slightly between January 19 and January 25 this year.During this period, the average prices for steel channels, ordinary medium steel plates and rebar decreased by 0.3 percent, 0.3 percent... 02.02.2026  09:00