Metallurgy news

• Indian company SMEL has completed construction of HRC stainless steel facility at Sambhalpur plant India's Shyam Metalics and Energy limited (SMEL) has completed construction of a 0.3 million tonne hot-rolled stainless steel coil plant at its existing plant at Sambhalpur in the eastern state of Odisha, the company said in a statement on Wednesday, January 28.The company said the plant will ... 28.01.2026  13:01

• There is no CBAM exemption for Indian steel exports to the EU under the FTA, negotiations will continue According to the recently concluded India-EU Free Trade Agreement (FTA), no special exemption was granted to India from the EU Carbon Boundary Adjustment Mechanism (CBAM) for steel exports. However, Indian officials have said that negotiations will continue and that any flexibility granted by the... 28.01.2026  13:00

• Nucor increased its net profit by 32% American Nucor Corp., one of the largest steel companies in the United States, increased net income by almost 32% and increased revenue by 8.6% in the fourth quarter of 2025, while the company's results were weaker than analysts expected.According to the company's press release, net income in... 28.01.2026  13:00

• Tosyali Algeria sets world record for DRI production in 2025 Turkish company Tosyalı Holding announced that its Algerian subsidiary Tosyali Algerie has set a new world record for annual direct reduced iron (DRI) production from a single direct reduced iron module. In 2025, Tosyali Algerie's Module 2 produced 2.43 million tons, setting a new global benchmark ... 28.01.2026  12:00

• UK should review safety precautions on coated metal sheets and quarto plate The UK Trade Remedies Authority (TRA) has initiated a review of tariff quotas (TRQ) applied to certain steel products subject to protective measures. The review for the period from October 1, 2024 to September 30, 2025 concerns steel products that are currently subject to UK protective measures... 28.01.2026  12:00

• Australia's Bisalloy Steels expands presence in Europe through MIRAS Steel Trade partnership Australian manufacturer of hardened and tempered armor steel Bisalloy Steels has announced an agreement with Romanian company MIRAS Steel Trade to strengthen its presence in European markets.As part of the partnership, both companies will cooperate in the supply, processing and distribution of... 28.01.2026  11:00

• BHP redirects Jimblebar iron ore shipments to Southeast Asia amid contract dispute with China Australian mining company BHP has begun redirecting shipments of iron ore that cannot be placed in China to alternative destinations, including Malaysia and Vietnam, as stocks of its Jimblebar Blend Fines (JMBF) continue to accumulate at Chinese ports, according to a Reuters report.State-backed... 28.01.2026  11:00

• Copper production in Zambia increased by 8% in 2025, reaching a record 890 thousand tons. Copper production in Zambia increased by 8% in 2025 and reached a record 890.35 thousand tons, said Minister of Mining and Mineral Resources Paul Kabuswe.He is confident that production will increase in 2026."This year, without a doubt, we will definitely exceed one million tons," the minister said... 28.01.2026  11:00

• Investment of 8.6 trillion yuan will be completed in Guangdong in 2026 In 2026, China's Guangdong Province will complete a total investment of 8.6 trillion yuan ($1.2 trillion), including 1,850 key projects - 353 new projects and 1,497 ongoing projects.In particular, the annual investment in projects in the province will be 1.05 trillion yuan ($0.15) trillion).... 28.01.2026  10:00

• The US supports AD/CVD orders for steel wire rod from China The U.S. Department of Commerce (DOC) has announced the final results of the review of the anti-dumping duty and countervailing duties on carbon steel rod and certain alloy steel (wire rod) from China.The DOC determined that the cancellation of the anti-dumping duty and countervailing duties on... 28.01.2026  10:00