Metallurgy news

• IEEFA: Geopolitical tensions reshape low-emission iron supply chains The Institute for Energy Economics and Financial Analysis (IEFA) said in its latest report that the Middle East has become a major hub for low-emission iron production, thanks in large part to the widespread adoption of direct reduction iron (DRI) technology. However, ongoing geopolitical tensions... 05.05.2026  15:00

• The value of exports of non-ferrous metals from South Africa decreased by 14.2 percent in January-March 2026. According to data released by the South African Revenue Service (SARS), in March of this year, the value of exports of base metals and products made from them from South Africa amounted to 13.65 billion South African rand (801.94 million dollars), which is 6.7 percent less than in February. In the... 05.05.2026  15:00

• Austrian Wuppermann Metalltechnik opens a new pipe production plant Austrian steel manufacturer Wuppermann Metalltechnik GmbH (WMT), a subsidiary of the German Wuppermann Group, has announced the official opening of its new pipe plant at its site in Altmünster in Austria.The new facility will expand WMT's production capacity and significantly expand its product ... 05.05.2026  14:00

• ArcelorMittal Poland resumes operation of blast furnace No. 3 in Dombrova-Gournica after major repairs ArcelorMittal Poland, a subsidiary of Luxembourg steel giant ArcelorMittal, announced the resumption of blast furnace No. 3 at the Dąbrowa Górnicza steel mill after a seven-month shutdown caused by difficult market conditions. The furnace was restarted on April 28, and the next day the first cast i... 05.05.2026  14:00

• Domestic sales prices of Turkish metal producers increased by 3.58% in April 2026 from March According to statistics released by the Turkish Statistical Institute (TUIK), in April this year, the domestic producer price index (PPI) for the Turkish industry as a whole increased by 3.17 percent month-on-month and 28.59 percent year-on-year, while an average increase of 26.48 percent was... 05.05.2026  13:00

• The Turkish company Kocaer Çelik remains profitable and increases the share of value-added products in the difficult first quarter of 2026 Kocaer Çelik Sanayi ve Ticaret A.Ş. (Kocaer Çelik) has announced financial and operating results for the first quarter of 2026.In the first quarter, Kocaer Çelik's net profit attributable to the parent company was 118.84 million Turkish liras, down 67 percent from the previous year. The company's op... 05.05.2026  13:00

• POSCO reports improved 1Q 2026 results despite rising raw material costs South Korean metallurgical company Pohang Iron and Steel Co. (POSCO) announced consolidated financial results for the first quarter of 2026.The company reported operating income of KRW 707 billion ($479.67 million) for the quarter, compared to operating income of KRW 13 billion in the fourth... 05.05.2026  12:00

• Czech Sev.en proposes joint bid of British Steel with SSUK Czech energy and investment group Sev.en Global Investments has expressed interest in a possible joint bid for British Steel and Speciality Steel UK, arguing that a single buyer can create a stronger and more stable future for the UK steel industry, according to a report by The Guardian. The... 05.05.2026  12:00

• Alumash shareholders will be offered to pay UAH 10 million in dividends for 2025 PJSC Dneprovsky Alumash Plant, which produces aluminum profiles, intends to allocate UAH 10 million of net profit for dividends in 2025.According to the company's information in the information disclosure system of the National Securities and Stock Market Commission, the relevant issue is on the... 05.05.2026  12:00

• India's JSL reports 27.5% net profit growth in fiscal 2025-26 India's Jindal Stainless limited (JSL) achieved net profit of INR 8.43 billion ($88.68 million) in the fourth quarter (January-March) of fiscal year 2025-26, an increase of 42.7% year-on-year, according to the company's report on Tuesday, May 5.The company's total sales revenue for the quarter was... 05.05.2026  11:00