Metallurgy news

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• Bayi Steel records a net loss of 572 million yuan for January-September 2025 Chinese metallurgical company Bayi Iron and Steel Co., Ltd. (Bayi Steel), based in the Xinjiang Autonomous Region, announced that in January-September this year it recorded operating revenue of 14.617 billion yuan ($2.1 billion), down 1.39% year-on-year, while a net loss of 572 million yuan ($80.6... 29.10.2025  13:00

• Valin Steel's net profit increased by 41.72 percent in January-September 2025 Chinese Metallurgical Company Hunan Valin Iron & Hunan Valin Steel Co. (Hunan Valin Steel), based in Hunan Province, released its financial report for the first nine months of this year, saying that in the period it recorded operating revenue of 94.598 billion yuan ($13.3 billion), down 14.96% from... 29.10.2025  13:00

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• Sweden's Nordic Iron received conditional funding of SEK 40 million Swedish miner Nordic Iron has received conditional support of SEK 40 million under a program supported by the Swedish Transport Administration to connect its planned industrial railway station at Blötberget to the state-owned main railway line, the company said. The project represents a critical i... 29.10.2025  12:00

• Thailand launches Investigation into AD Circumvention regarding Coated Steel from China The Thai Ministry of Foreign Trade has announced that it has launched an investigation into possible circumvention of anti-dumping measures (AD) imposed on imports of galvanized cold-rolled steel in rolls rather than in rolls originating from China.The investigation was launched at the request of... 29.10.2025  12:00

• Pacific Steel Group orders environmental control system from Danieli US steelmaker Pacific Steel Group has selected Italian manufacturer Danieli to supply its advanced ECO Primary line, an environmental control system developed by Danieli, for its MiDa hybrid plant in California. This project represents an important milestone in sustainable valve production with... 29.10.2025  11:00

• French investor Hy24 supports expanded funding round for Swedish Stegra According to media reports, French hydrogen investment company Hy24 is planning to participate in the latest round of shares for Sweden's Stegra, which is building a large-scale fossil fuel-free steel mill in Boden, Sweden. Stegra, formerly P Green Steel, is raising up to €975 million to cover cost ... 29.10.2025  11:00

• Tenaris signs contract with Petrobras to supply casing strings for offshore projects in Brazil Luxembourg-based steel pipe manufacturer Tenaris has announced it has signed a new three-year contract for the supply of conductors and casing products with Brazilian energy supplier Petrobras. The agreement, covering the period from 2027 to 2029, will support drilling operations in the Sub-Salt... 29.10.2025  10:00