Metallurgy news

• Usiminas' quarterly net profit rose 596 percent in the first quarter of 2026 Brazilian steel and iron ore producer Usiminas reported net income equivalent to $178.589 million for the first quarter of 2026, up 596 percent from the fourth quarter of 2025.The company attributes the positive results to the development of its operating and financial results, coupled with the... 25.04.2026  07:00

• Prices for industrial products and raw materials in Canada will increase in March 2026 Prices for products manufactured in Canada, as measured by the Industrial Product Price Index (IPPI), rose 2.4 percent month-on-month in March and increased 7.8 percent year-over-year, according to Statistics Canada. Prices for raw materials purchased by manufacturers operating in Canada, as... 24.04.2026  20:00

• Brazil Iron awaits environmental license for HBI production in Bahia UK-headquartered Brazil Iron, which has a subsidiary in Piata, Bahia, plans to invest $5.7 billion over the next five years in hot briquetted iron (HBI) production in Brazil.The company plans to use available, high-quality ore from its reserves, combined with renewable energy sources outsourced to... 24.04.2026  18:00

• German steel production increased in the first quarter of 2026, but weak demand worsens prospects German steel production rose 7.5 percent year-on-year in March to 3.35 million tons, according to information provided by the German Steel Federation Wirtschaftsvereinigung Stahl (WV Stahl). In January-March, output increased by nine percent year-on-year to 9.26 million tonsThe output of cast iron... 24.04.2026  18:00

• MMK Group published weaker results for the 1st quarter of 2026 amid lower demand and seasonal slowdown Russian steel company MMK Group announced operating and financial results for the first quarter of 2026, indicating a decline in figures both quarterly and year-on-year due to a slowdown in business activity in the domestic market and seasonal factors.In the first quarter, MMK's pig iron production... 24.04.2026  17:00

• AIM fire in Canada requires revocation of permit According to local media reports, a fire that broke out on Thursday at the facility of the Canadian metal recycling company American Iron & Metal Company Inc. (AIM) in Eastern Montreal has drawn new attention to the company's long-standing environmental problems.The fire, which produced fetid smoke... 24.04.2026  17:00

• UK TRA proposes AD duties on South Korean hot-rolled sheet, preferring to narrow scope The UK Trade Enforcement Authority (TRA) has proposed anti-dumping (AD) measures on imports of hot-rolled steel sheet from South Korea following the interim findings of an ongoing investigation covering the period 1 April 2024 to 31 March 2025.The proposed duties will range from 7.04 percent to... 24.04.2026  16:00

• CARES launches CBAM Verification Service for Steel Producers The British certification body CARES has launched a special verification service to support steel companies in complying with the European Union's Carbon Boundary Adjustment Mechanism (CBAM).The EU CBAM officially entered its final phase on January 1, 2026, with certification obligations set to... 24.04.2026  16:00

• Indian iron ore production to grow 8% y-o-y in FY27 - BigMint forecast BigMint forecasts India's iron ore production to rise to 340-345 million tonnes in FY27 from around 316 million tonnes in FY26, indicating 8 percent year-on-year growth, according to BigMint. However, supply expansion is expected to outpace rising demand from the steel sector, and additional... 24.04.2026  15:00

• Acciaierie Bertoli Safau acquires R. Casini, consolidating its scrap metal center in Friuli Acciaierie Bertoli Safau (ABS), the steel division of Danieli Group, has completed the acquisition of 100 percent of the share capital of R. Casini Srl, a historic company based in Feletto Umberto, province of Udine, engaged in the collection, processing and trading of ferrous and metallic... 24.04.2026  15:00