Metallurgy news
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Russia's Mechel reported higher net losses in 2025 amid a sharp drop in revenue and EBITDA Mechel, one of the leading Russian mining and metallurgical groups, announced financial and operating results for 2025.Accordingly, last year the company received a net loss of 78.6 billion rubles. ($893 million) compared to a net loss of 37.12 billion rubles. in 2024, and sales revenue amounted to...
30.03.2026 17:00
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Feralpi enters into first local biomethane supply agreement with AB Italy's Feralpi Group is stepping up decarbonization efforts by signing the first local agreement on the supply of biomethane to the steel industry. The group announced this in a press release published today on March 30, which states that the contract signed by Acciaierie di Calvisano with AB...
30.03.2026 17:00
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Aluminum rose in price by 4% due to the Iranian attacks on factories in the Persian Gulf Aluminum prices are rising on Monday on information about the Iranian attacks on the enterprises of the largest Middle Eastern metal producers.Aluminum futures for delivery in three months on the London Metal Exchange (LME), as of 11:10 a.m., are trading at $3,432.5 per ton. Earlier, during...
30.03.2026 17:00
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Japan's steel exports decreased by 10.7 percent in January-February 2026 According to customs statistics published by the Japanese Federation of Ferrous Metallurgy (JISF), in February of this year, exports of iron and steel products from Japan amounted to 2.18 million metric tons, down 4.5 percent month-on-month and 13.2 percent year-on-year.In the period from January...
30.03.2026 16:00
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OECD: Rising energy prices and geopolitics affect global prospects The global economic outlook remains robust, but has weakened due to rising energy prices and geopolitical tensions, according to the March interim economic outlook report from the Organization for Economic Cooperation and Development (OECD).Global GDP growth is projected to remain broadly stable at...
30.03.2026 16:00
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CIL India will build eight coal mines, investing $348 million to increase supply to large consumers, including steel mills Indian state-owned mine Coal India limited (CIL) will build eight new coal mines, entailing an investment of $348 million to boost supplies to major industries including steel, the miner said in a statement on Monday, March 30.The eight new washing machines will have a total capacity of 21.5...
30.03.2026 15:00
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Indian JSL and OREL partially commission a hybrid solar wind power project Indian companies Jindal Stainless Limited (JS) and Oyster Renewable Energy Limited (OREL) have partially commissioned a 315.6 MW hybrid renewable solar wind energy project in the central state of Madhya Pradesh as part of JSL's transition to clean energy, the company said in a statement on Monday,...
30.03.2026 15:00
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Global production of Toyota vehicles fell in January-February 2026, while sales rose slightly Japanese automaker Toyota Motor Corporation announced that its global vehicle output fell 3.9 percent year-on-year to 749,673 units in February this year. Specifically, the company's domestic output fell 2.6 percent to 278,916 units, while its overseas output for the month fell 4.6 percent...
30.03.2026 14:00
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EU initiates protective investigation into import of electrical equipment sheets The European Commission has announced that it has initiated a protective investigation into certain types of grain-oriented silicon-electric steel flat products. The investigation is aimed at determining whether protective measures are necessary to protect EU producers from the recent surge in...
30.03.2026 14:00
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U.S. pipe exports rose 38.7 percent in January 2026 compared to December U.S. exports of structural pipe totaled 6,183 tons in January this year, up 38.7 percent from December and down 45.3 percent from January 2025, according to U.S. Department of Commerce export data. In value terms, structural pipe exports were $12.65 million in January, up from $9.11 million in the...
30.03.2026 13:00
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