Metallurgy news

• Exports of tin from the United States in February 2026 increased by 28.1 percent compared to January U.S. tin exports totaled 3,917 tons in February this year, up 28.1 percent month-on-month and down 0.5 percent from February 2025, according to U.S. Department of Commerce export data. In value terms, tin exports in February were $4.8 million, down from $3.21 million the previous month and $4.15... 29.04.2026  15:00

• Exports of stretched wire from the United States in February 2026 decreased by 4.7 percent compared to January According to export data from the U.S. Department of Commerce, exports of stretched wire from the United States totaled 6,418 tons in February this year, down 4.7 percent month-on-month and 3.7 percent year-on-year. In value terms, exports of stretched wire totaled $16.46 million in February,... 29.04.2026  15:00

• SSAB's operating profit improved in the first quarter of 2026 on the back of higher deliveries and stronger performance in Europe and the Americas Swedish steel company SSAB announced its financial results for the first quarter of this year, reporting an operating profit of SEK 2.20 billion ($240 million), compared with SEK 1.35 billion ($147 million) in the same quarter the previous year, mainly due to improved results at SSAB Europe and... 29.04.2026  14:00

• POSCO to develop low-carbon cast iron production technology with the American company Electra South Korean steel company POSCO has announced a new partnership with the American climate company Electra to jointly develop low-carbon pig iron production technology. The agreement aims to combine POSCO's direct remediation know-how with Electra's electrochemical iron production process,... 29.04.2026  14:00

• Hyundai Steel cuts net loss in 1Q26 despite cost cuts South Korean iron and steel company Hyundai Steel announced consolidated financial results for the first quarter of 2026.Accordingly, Hyundai Steel reported a net loss of 39 billion Korean won ($26.37 million) for the quarter due to currency volatility and higher raw material costs, compared to a... 29.04.2026  13:00

• Modernization of the Primetals and ArcelorMittal full converter in Eisenhuttenstadt The British company Primetals Technologies and the German ArcelorMittal Eisenhüttenstadt, a subsidiary of the global steel company ArcelorMittal with headquarters in Luxembourg, have successfully completed a major converter renovation at the Eisenhüttenstadt steel plant in Germany, replacing and c... 29.04.2026  13:00

• IEEFA notes gap between Indian steelmakers' ambitions and decarbonization efforts The growing gap between the decarbonization goals announced by Indian companies and the concrete actions needed to achieve them could lock the sector into carbon-intensive technologies for decades, threatening its net zero ambitions and long-term global competitiveness, according to the latest... 29.04.2026  12:00

• India's industrial output dropped to 4.1 percent in March 2026 Industrial production in India, as measured by the Industrial Production Index (IIP), dropped to 4.1 percent in March 2026 from 5.2 percent in February 2026, according to data released by the Ministry of Statistics and Program Implementation on Wednesday, April 29.The manufacturing sector, which... 29.04.2026  12:00

• Saarstahl Ascoval signs long-term supply agreement with Mannesmann Precision Tubes The French company Saarstahl Ascoval, part of the Saarstahl group, announced the signing of a long-term supply agreement with the German company Mannesmann Precision Tubes. The partnership includes the supply of semi-finished steel products for tubular applications in the automotive and industrial... 29.04.2026  11:00

• The 20th package of EU sanctions further tightens restrictions on Russian steel-related trade The European Union has adopted its 20th package of sanctions against Russia, introducing new trade, energy, finance, and anti-circumvention measures aimed at weakening Russia's military economy. For the metallurgical sector, the most urgent measures are new restrictions on the import of certain... 29.04.2026  11:00