Metallurgy news
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Angang Steel's net loss increased to 2.047 billion yuan in January—June 2026Chinese steel producer Angang Steel Company Limited (Angang Steel), based in Liaoning Province, announced that its net loss for the period from January to June of this year was 2.047 billion yuan (0.3 billion dollars), while the net loss increased further compared with the recorded net loss of…
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HBIS net profit increased by 6.61% in January–June 2026%Chinese steel company HBIS Company Limited, based in Hebei Province, announced that its net profit for January-June of this year amounted to 638 million yuan ($94 million), which is 6.61 percent more than in the same period last year.During the specified period, HBIS's operating revenue amounted to…
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In Argentina, crude steel production increased by 9% in July compared with JuneAccording to the Argentine Chamber of Steel Industry Acero Argentino (AA), the country produced 377,500 metric tons of steel in July, compared with 346,300 tons in June.Compared to the previous month, the output of hot—rolled products decreased by 10.6% to 172,200 tons, cold-rolled products - by…
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In June 2026, exports of structural pipes from the United States increased by 41.8% compared to MayAccording to the export statistics of the U.S. Department of Commerce, in June, exports of structural pipes from the United States amounted to 7,974 million tons. This is 41.8% more than in May and 10.3% more than in June 2025. In value terms, the supply of construction pipes in June reached 18.38…
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Tinplate imports to the United States in June 2026 decreased by 25.7% compared to MayAccording to preliminary data from the US Department of Commerce, in June, the import of tinplate into the country amounted to 57,671 thousand tons, which is 25.7% less than in May and 41.6% lower than in the same month last year. In monetary terms, the volume of shipments amounted to $77.98…
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Chalco increased its net profit by 1.7 times in the first half of the yearAluminum Corporation of China (Chalco), one of the largest aluminum producers in the world, increased its net profit by 1.7 times in the first half of the year compared to the same period last year to 11.871 billion yuan ($1.77 billion), according to the financial statements.125.413 billion…
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The ETS regulation establishing rules on the carbon market comes into force in TurkeyThe Turkish Regulation on the Emission Trading System in Turkey, prepared by the Turkish Ministry of Environment, Urbanization and Climate Change, establishes procedures and principles governing the monitoring of greenhouse gas emissions, reporting and verification, as well as the implementation of…
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IPC calls for the introduction of mandatory emission targets and reform of the scrap market in the Turkish steel sectorAccording to a document prepared by the Turkish Steel Transformation Network at the Istanbul Policy Center (IPC), Turkey's Sectoral Investment Plan for Thematic Transformations in the Ferrous Metallurgy Industry provides a positive basis for assessing short-, medium- and long-term technological…
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Exports of machinery and equipment from Germany decreased in the first half of 2026, uncertainty remains in the second half of the yearThe German machine-building industry recorded a slight decline in exports in the first half of 2026, as geopolitical tensions, US tariff policy and persistently weak demand in China continued to put pressure on foreign trade, according to the German Association of the Machine-building industry…
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Jude Steele: Syria's reconstruction may increase demand for steel to 4-5 million tonsSyria's steel demand may increase to 4-5 million metric tons (Mt) per year, as well as large-scale reconstruction and urban development, according to Nana Joud, chairman of Syrian steel producer Joud Steel.Syrian steel mills operate at 20-30% мощности in an interview with the Arab Iron and Steel…
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