Metallurgy news

• US steel imports in March 2026 increased by 5.3% compared to February According to preliminary data from the US Department of Commerce, US monthly steel imports in March of this year increased by 5.3 percent compared with February and decreased by 29.2 percent year on year, amounting to 1,607,503 tons. In value terms, U.S. steel imports totaled $1.6 billion in March,... 11.05.2026  16:00

• Assofermet: The Italian scrap metal market ends April with growth, May still depends on the availability and prices of electricity According to Assofermet, an association representing Italian companies involved in the trade, distribution and processing of steel, scrap and non-ferrous metals, in its regular monthly market overview, the Italian ferrous scrap market went through two separate phases in April. After an initial... 11.05.2026  16:00

• Vietnam's steel imports in April 2026 rose 14.8 percent compared to March. According to data released by the General Administration of Customs of Vietnam, Vietnam's steel imports totaled 1.43 million tons in April this year, up 14.8 percent from March, while scrap imports totaled 641,118 tons, an increase of 15.3 percent over the same month.In the first four months of... 11.05.2026  15:00

• U. S. steel exports in March 2026 increased by six percent compared to February According to export data from the US Department of Commerce, monthly steel exports in March this year increased by six percent compared to February and decreased by 6.2 percent year-on-year to 596,679 tons. In value terms, U.S. steel exports totaled $1.14 billion in March, compared with $1.05... 11.05.2026  15:00

• Tenaris acquires Artrom Steel Tubes to expand seamless pipe capacity in Europe Luxembourg-based international steel pipe manufacturer Tenaris has announced that it has entered into a definitive agreement to acquire Romanian steel and seamless pipe manufacturer Artrom Steel Tubes S.A. The transaction is aimed at strengthening Tenaris' production base in Europe and expanding... 11.05.2026  14:00

• Turkish company Çelik Halat ve Tel Sanayii reports higher net losses and revenues for the 1st quarter of 2026 Turkish manufacturer of steel wire and ropes from Kocaeli Çelik Halat ve Tel Sanayii Inc. announced its financial results for the first quarter of this year.In the quarter, the company reported a net loss of 306.79 million Turkish liras ($6.76 million), compared with a net loss of 251.46 million ... 11.05.2026  14:00

• Excavator sales in China rose 22.2 percent in January-April 2026 In April this year, sales of excavators in China totaled 28,745 units, up 29.8 percent year-on-year, as announced by China's Construction Machinery and Equipment (CME).Specifically, in April, sales of excavators in China's domestic market totaled 16,920 units, an increase of 34.9 percent year on... 11.05.2026  12:00

• Ukrainian Interpipe is developing a new wheelset for a Northern European wagon manufacturer Interpipe, a Ukrainian manufacturer of steel pipes and railway products, has announced that it has delivered its first wheelsets based on the newly developed ULT35 design, designed specifically for heavy-duty freight wagons.The products will be used in the construction of heavy-duty wagons for a... 11.05.2026  12:00

• India's SMIOL forecasts net profit growth of 51% in fourth quarter of fiscal 2025-26 India's Sandur Manganese and Iron Ore limited (SMIOL) achieved a net profit of Rs 2.36 billion ($24.59 million) in the fourth quarter (January-March) of fiscal 2025-26, up 50.94 percent year-on-year, according to a company regulatory filing on Monday, May 11.The company reported total sales of... 11.05.2026  11:00

• The UK government is expected to announce the full nationalization of British Steel. The UK government is expected to announce plans for the full nationalization of the local British Steel steel mill during the upcoming Royal Speech, according to media reports.The move would mark one of the most significant government interventions in the UK steel industry in recent decades and... 11.05.2026  11:00