Metallurgy news

• 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

• Zaporizhstal reduced production in April due to an unscheduled shutdown The Zaporozhye metallurgical plant "Zaporizhstal" in January-April of this year increased shipments of rolled products by 5.3% compared to the same period last year - to 819.6 thousand tons from 865.7 thousand tons.According to the company's press release, steel production in the first four months... 11.05.2026  11:00

• The volume of shipbuilding in China in the first quarter of 2026 amounted to 15.68 million tons According to the China Association of National Shipbuilding Industry (CANSI), from January to March this year, China's total shipbuilding output was 15.68 million dead weight tons (DWT), up 46.0 percent from the previous year. During the period, orders for new ships in China reached 59.53 million... 11.05.2026  10:00

• The US Trade Court declared Trump's 10% global tariff illegal The U.S. Court of International Trade has ruled that the 10 percent global tariff imposed by President Donald Trump under Section 122 of the Trade Act of 1974 is illegal, marking the second judicial defeat this year for the administration's tariff regime.Trump invoked Section 122, a previously... 11.05.2026  10:00

• The Brazilian iron producer, or Samarco, continues to report a net loss despite limited operating profits. Brazilian iron ore and pellet producer Samarco reported a net loss of $1.118 billion for the first quarter of 2026, more than 11 percent less than the $1.258 billion net loss recorded in the same period a year earlier.The results reflect costs related to compensation paid to victims of the Fundao... 08.05.2026  20:00

• Brazil's iron ore exports rose 23 percent amid increased shipments to China Exports of Brazilian iron ore (excluding pellets) reached 31.710 million tons in April compared to 25.768 million tons in March, according to Secex, the secretariat of the Brazilian Ministry of Development, Industry and Foreign Trade.The increase mainly reflects a higher volume of exports to China:... 08.05.2026  20:00

• US releases final advertisement on CTL sign from South Korea The U.S. Department of Commerce (DOC) has released the final results of its administrative review of anti-dumping duties (AD) on certain long carbon steel sheets (CTL sheets) from South Korea for the period February 1, 2024 to January 31, 2025.The Department of Commerce has determined that Dongkuk... 08.05.2026  19:00

• The US initiates a CVD investigation into tin factory products from China The United States Department of Commerce (DOC) has announced the launch of an investigation into countervailing duty (CVD) on tin rolled products from China in response to a petition filed by the United States Steel Corporation and the United International Union of Workers in Steel, Paper and... 08.05.2026  19:00

• Assofermet Akçai: Italian steel market faces weak demand and geopolitical uncertainty According to the latest monthly market report published by Assofermet, the association representing Italian companies involved in the trading, distribution and processing of steel, scrap and non-ferrous metals, the Italian steel market continues to operate under conditions of widespread uncertainty... 08.05.2026  18:00