Metallurgy news

• Turkish company Borusan Boru's sales revenue increased by 32.1 percent in the first quarter of 2026. Borusan Birlešik Boru Fabrikaları San. and Tick. HOW. (Borusan Boru) announced its financial results for the first quarter of 2026. The company's sales for the period were recorded at 279,600 tons, up eight percent from last year.Borusan Boru's sales revenue rose 32.1 percent year-on-year to $421.6 ... 08.05.2026  17:00

• Freight traffic on the Chinese Daqin Railway increased by 3.79 percent in January-April 2026 The volume of freight traffic on the Daqing Railway in China in January-April this year amounted to 128.02 million tons, which is 3.79 percent more than last year.In April alone, freight traffic on the Daqing Railway totaled 31.16 million tons, up 1.76 percent from last year, 4.68 percentage points... 08.05.2026  17:00

• liberty Galati continues with revised sales target of €444 million due to financing problems Romania's only sheet steel manufacturer liberty Galati continues its restructuring process, with administrators now preparing a new attempt at an international sale at a significantly reduced valuation to attract investors and stabilize the company's future. The latest developments come as the... 08.05.2026  16:00

• Trump warns EU to meet trade commitments by July 4, or face higher tariffs US President Donald Trump said on social media that he had a telephone conversation with European Commission President Ursula von der Leyen to discuss geopolitical issues, trade relations between the EU and the United States, and tariff policy. According to him, the two sides also discussed broader... 08.05.2026  16:00

• India's iron ore imports fell 11% on April 26 India's iron ore (including pellets) imports stood at about 0.98 million tonnes in April 2026, down 11 percent from 1.11 million tonnes in March but up significantly from 0.38 million tonnes in April 2025, according to BigMint data. The total included 0.93 million tonnes of fine and lump iron ore... 08.05.2026  15:00

• Tenaris forecasts growth in net profit and sales revenue in the first quarter of 2026, despite logistical problems related to the war in Iran Luxembourg-based Tenaris, an international steel pipe manufacturer, has announced its financial results for the first quarter of this year.Accordingly, in this quarter, the company's net sales amounted to $3.10 billion, which is four percent more than in the fourth quarter and six percent more... 08.05.2026  15:00

• Production of base metals in Turkey in March 2026 decreased by 0.4 percent compared to February According to data published by the Turkish Statistical Institute (TUIK), in March this year, Turkey's seasonal-calendar monthly industrial production decreased by 0.8 percent compared to the previous month, while the calendar-adjusted index decreased by 1.1 percent compared to March 2025.Turkey's... 08.05.2026  14:00

• Ukrainian Zaporizhstal reported a sharp drop in production in January-April 2026 due to downtime The Ukrainian Metallurgical Plant Zaporizhstal, owned by Metinvest, announced production results for April and the first four months of 2026.In April, Zaporizhstal produced 193,500 tons of pig iron, 156,600 tons of crude steel and 159,100 tons of finished steel, which is 31.6 less. percent, 42.1... 08.05.2026  14:00

• Metinvest reports a decrease in steel production and an increase in pig iron production in the 1st quarter of 2026 The Ukrainian mining and metallurgical group "Metinvest" summed up the operating results of the first quarter of this year.Accordingly, in this quarter the company's total steel production amounted to 454,000 tons, decreasing by 19.5 percent quarterly and by seven percent year on year, while the... 08.05.2026  13:00

• Modernization of the Ezz Steel foundry and rolling complex to increase the capacity of Ain Sokhna to 1.5 million The Italian Danieli Technologies plant has announced the conclusion of a contract with the Egyptian steel company Ezz Flat Steel for the complete modernization of the Quality Strip Production (QSP®) foundry and rolling complex at the Ain Sokhna plant in Egypt. The complex was originally supplied ... 08.05.2026  13:00