Metallurgy news
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Shipments of CR steel strips in Japan fell by five percent in November 2025 compared to OctoberLast November, shipments of cold-rolled sheet and strip to Japan were down five percent month-on-month and down 4.6 percent year-on-year to 357,935 metric tons. 52.8 percent of shipments were made to the domestic market and the remaining 47.2 percent to export markets, according to data from the…
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ArcelorMittal Spain launches the FRICHATEAF project to modernize scrap for the production of steel from EDPArcelorMittal Spain has announced that its research group is developing an advanced system for improving scrap quality through friction machining as part of a project called FRICATEAF. The initiative is funded as part of Spain's Strategic Economic Recovery and Transformation Project (PERTE) and is…
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Fushun Special Steel expects a net loss of 770-870 million yuan for 2025Chinese steel company Fushun Special Steel (Fushun Special Steel), based in liaoning province, announced that it expects to record a net loss of 770-870 million yuan ($110-124 million) for 2025, moving from a net profit of 112 million yuan in 2024.The company stated that orders received and sales…
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Trump announced new tariffs on European imports over the Greenland disputeUS President Donald Trump announced on social media that the United States will impose new tariffs on imports from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland.According to the statement, an additional 10 percent tariff will apply to all goods exported…
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MOC: China's average HRC price rose 0.7 percent between January 5 and 11The Ministry of Commerce of China (MOC) announced that from January 5 to 11 this year, the average price of finished steel in China increased slightly.During this period, the average prices of HRC, welded steel pipes and steel channels increased by 0.7 percent, 0.5 percent and 0.5 percent per week…
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The Czech company Nová huť plans major investments and preparation of the EAF in 2026The Czech steel company Nová huť, formerly Liberty Ostrava, has announced that it intends to make significant investments in 2026, focusing on modernization, operational reliability and long-term preparation for the future of its steel production.The company plans to invest up to CZK 150 million…
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Daily steel output at CISA mills rose 21.6% in early January and inventories also roseThe China Iron and Steel Association (CISA) reported that at the beginning of January (January 1-10) this year, the average daily crude steel output of large and medium-sized steel mills in China - all CISA members - was 1.997 million tons, up 21.6% from the end of December (December 21-31) last…
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India and the EU plan to sign the FTA agreement on January 27India and the European Union (EU) are likely to sign a free trade agreement (FTA) on January 27, 2026, Indian government officials said on Monday, January 19.Officials said that the free trade agreement between India and the EU is scheduled to be signed on January 27 at the 16th summit between the…
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Emsteel and Modon sign a strategic memorandum of understanding on sustainable steel solutionsEmsteel, the largest steel producer in the United Arab Emirates, announced the signing of a strategic memorandum of understanding with local company Modon to explore potential collaboration on steel solutions for future development projects.Focus on innovation and sustainabilityUnder the agreement…
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Pig iron imports to Turkey increased by 71.6 percent in January-November 2025Last November, Turkey's pig iron imports totaled 293,461 metric tons, up 54.6 percent from October and 56.7 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of these imports amounted to $101.07 million, an increase of…
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