Metallurgy news
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24.12.2025 13:00
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24.12.2025 13:00
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Australia expects iron ore prices to fall amid weak steel demand until 2027 The Australian Department of Industry, Science and Resources has announced that it forecasts a gradual decline in iron ore prices until the end of 2027 due to weak steel demand and increased iron ore supply.Spot iron ore prices have remained stable at just above $100/t since August this year....
24.12.2025 12:00
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Japan's steel demand forecast for the 1st quarter of 2026 signals a 1.6 percent decline. According to the Japanese Ministry of Commerce (METI), crude steel demand in Japan is expected to reach 20.05 million tons in the first quarter of 2026, down 0.8 percent from the previous quarter and down 1.7 percent from the same quarter of 2025.The latest METI report predicts that Japan's steel...
24.12.2025 12:00
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Ukrainian Zaporizhstal suspended production after a complete blackout caused by Russian attacks Ukrainian company Zaporizhstal, owned by Metinvest, announced that it had temporarily suspended production on December 23 after a complete loss of power supply following large-scale Russian attacks on the country's energy infrastructure.According to the statement, the sudden outage led to an...
24.12.2025 11:00
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Egypt retains export duty on stainless steel scrap for another year The Egyptian Ministry of Investment and Foreign Trade has decided to continue the imposition of export duties on scrap and waste of stainless steel alloys classified in customs tariff item 7204.21, according to a statement released by the Egyptian Customs Administration.Exceptions for investment...
24.12.2025 11:00
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China's Transport FAI to Exceed RMB 3.6 Trillion in 2025 Total fixed asset investment (FAI) in transportation in China in 2025 is likely to exceed 3.6 trillion yuan ($0.51 trillion), with the addition of more than 2,000 kilometers of new high-speed railways and 8,000 kilometers of new high-speed roads, li Yang, China's vice minister of transport (MOT),...
24.12.2025 10:00
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Tata Steel Limited takes sole control of Tata BlueScope after CCI approval The Competition Commission of India (CCI) has approved Tata Steel Limited's proposal to acquire sole control of Tata BlueScope Limited, according to an official statement released on Wednesday, December 24.Under the approval, Tata Steel will acquire the remaining 50 percent of the shares currently...
24.12.2025 10:00
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Freight rates for finished steel imports from Brazil fell in November Brazil's COMEX foreign trade authority reported average freight rates for the country's steel imports in November.For coated flat products: US$54/ton from China, US$130/ton from South Korea, US$127/ton from Japan, US$30/ton from Germany and US$154/ton from Vietnam.For HRC: 32 US dollars/ton from...
23.12.2025 22:00
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Polish Ministry of Defense acquires Huta Częstochowa company Poland's Ministry of National Defense has officially completed the acquisition of local steel mill Huta Częstochowa, securing the company's future as a strategic asset for Poland's defense and industrial supply chains, according to local media reports. The ministry acquired the company for ...
23.12.2025 16:00
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