Metallurgy news
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MMK has resumed operation of blast furnace No. 7 after major repairs worth 4.8 billion rubles.Magnitogorsk Iron and Steel Works (MMK), a Russian steel producer, announced the resumption of operation of blast furnace No. 7 after a one-year overhaul worth 4.8 billion rubles. The furnace has reached its operating parameters, which allows the company to carry out a program for the production of…
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India's GAIL expects consolidated net profit growth of 2.7% in the 1st quarter of fiscal year 2026-27India's Godavari Power and Ispat Limited (GPIL) generated a consolidated net profit of INR 2,217.40 million ($23.26 million) in the first quarter (April-June) of fiscal year 2026/27, up 2.7% from last year, according to a company statement on Tuesday, August 11.The company reported total sales…
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New Zealand Steel Company produces the first environmentally friendly steel at Glenbrook EAF plantNew Zealand Steel, a subsidiary of Australian steel manufacturer BlueScope, has announced the start of industrial steel production in its new electric arc furnace (EDP) at the Glenbrook steel mill, located about 60 km south of Auckland, marking an important milestone in the decarbonization of the…
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Hyundai Steel returns to net profit in Q2 2026 amid rising sales and pricesSouth Korean steel manufacturer Hyundai Steel announced that its consolidated revenue in the second quarter of 2026 was 6.11 trillion Korean won ($4.40 billion), an increase of 6.4% compared to the previous quarter and 2.7% year-on-year due to increased sales volumes and higher prices for key…
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The volume of traffic on the Chinese Daqin Railway increased by 6.7% in January-July 2026The volume of transportation by Daqin Railway in China for the period from January to July this year amounted to 235 million tons, which is 6.7% more than in the same period last year.In July alone, Daqin Railway traffic totaled 31.53 million tons, down 0.82% year-on-year, following a 13.79%…
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Indian company JSW Steel Limited forecasts a 3% increase in crude steel production in July 2026India's JSW Steel Limited reported steel production of 2.402 million tons in July 2026, up three percent from last year, according to a company statement released on Tuesday, August 11.The volume of steel production in India in July 2026 was 2.339 million tons, which is four percent more than last…
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Imports of pig iron and steel to Canada increased by 10 percent in June 2026According to Statistics Canada, imports of pig iron and steel into the country in June 2026 amounted to 1.87 million tons, which is 10.2% more than last year. In value terms, imports of pig iron and steel in June 2026 amounted to $897.26 million, compared with $840.85 million in the same month last…
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The United States has published the final definition of AD for fittings from BulgariaThe U.S. Department of Commerce (DOC) has issued a final positive opinion in the framework of the investigation into anti-dumping duties on reinforced concrete rebar from Bulgaria, finding that rebar from Bulgaria was sold in the United States at a price below fair value during the investigation…
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Nakayama Steel Plant has allocated 55.1 million dollars for a new electric steelmaking projectJapanese steel manufacturer Nakayama Steel Works has announced an investment and business alliance with Japanese trading company Hanwa and steel manufacturer Yodoko to support the construction of its new electric arc furnace (EDP). Nakayama Steel Works will raise 8.69 billion yen (US$55.1 million)…
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BHP workers in Port Hedland end 48-hour strike as negotiations continueUnionized workers at Australian miner BHP's iron ore facility in Port Hedland, Western Australia, have returned to work after a 48-hour strike, according to Australian media reports, although the company and unions remain at odds over the extent of the disruption caused by the strike.Members of the…
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