Metallurgy news
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12.11.2025 17:00
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12.11.2025 17:00
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Russian steel exports to grow by 19 percent in 2025 due to falling domestic demand According to local media reports, Alexey Sentyurin, president of the Russian Steel Association, said that the country's steel exports are projected to grow by 19 percent in 2025, reaching approximately 24 million tons, compared with 20 million tons in 2024.The upward revision follows the lifting of...
12.11.2025 16:00
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Exports of iron ore from Ukraine decreased in October Data on Ukraine's foreign trade showed a slight decrease in the total volume of iron ore exports in October this year compared to the same period in 2024, mainly due to lower sales to China, the main buyer. Meanwhile, exports in the first ten months also decreased year-on-year.In October, Ukraine...
12.11.2025 16:00
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Simandou iron ore project begins in Guinea At a ceremony in Forecaria Prefecture, President of the Republic of Guinea Mamadi Doumbouya joined project partners Winning Consortium Simandou (WCS) and SimFer to mark the start of work at Simandou, Africa's largest integrated mining and infrastructure project, according to a press release from...
12.11.2025 15:00
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The Turkish company IDC reported a decrease in net losses and an increase in revenue in January-September 2025 Turkish valve manufacturer Izmir Demir Çelik Sanayi A.Ş. (IDC) has announced financial and operating results for the first nine months of 2025.During the period, the company reported a net loss of 621.70 million Turkish liras ($14.72 million), compared with a net loss of 4.50 billion Turkish liras i...
12.11.2025 15:00
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Base metal turnover in Turkey increased by 1.8 percent in September 2025 compared to August According to data released by the Turkish Statistical Institute (TUIK), in September of this year, Turkey's monthly industrial turnover index increased by 2.8 percent compared to the previous month, while the calendar-adjusted index increased by 30.5 percent compared to September 2024.In this...
12.11.2025 14:00
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Fortescue provides $45 million in ARENA funding to promote solar technology in the Pilbara The Australian Renewable Energy Agency (ARENA) has announced that it has approved financing of up to A$45 million for the new solar innovation center of the Australian mining company Fortescue Metals Group in the Pilbara region of Western Australia.The center will act as a 500 MW testbed as part of...
12.11.2025 14:00
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12.11.2025 14:00
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The net profit of Indian MOIL Limited in the second quarter of fiscal year 2025-26 increased by 41% The Indian state-owned manganese mining company MOIL Limited achieved a net profit of 704.40 million Indian rupees ($7.95 million) in the second quarter (July-September) of the 2025-26 fiscal year, which is 40.9% more than in the corresponding quarter of the previous year, the company said in a...
12.11.2025 13:00
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