Metallurgy news

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• Zaporizhstal reduced profit for nine months by 3.1% to UAH 1.55 billion PJSC Zaporozhye Iron and Steel Works Zaporizhstal in January-September of this year reduced net profit by 3.1% compared to the same period last year - to 1 billion 547.508 million UAH from 1 billion 597.318 million UAHAccording to the interim report of the company in the information disclosure... 04.11.2025  13:00

• Germany to hold steel summit to address industry crisis and competitiveness German Chancellor Friedrich Merz will hold a steel summit at the Federal Chancellery in Berlin on Thursday, November 6, to address the current challenges facing the German steel industry, according to an official statement from the German federal government.The meeting will bring together senior... 04.11.2025  12:00

• Car sales in Turkey increased by 10.2 percent in January-October 2025 In October of this year, sales of passenger cars and light commercial vehicles in Turkey increased by 19.4 percent year-on-year and 5.3 percent month-on-month to 116,149 units, according to statistics released by the Turkish Automobile Distributors and Mobility Association (ODMD). This month,... 04.11.2025  12:00

• Heavy truck sales in China grew 22 percent in January-October 2025 In October this year, sales of heavy-duty trucks (including chassis and tractors) in China totaled 93,000 units, down 12.0 percent month-on-month while up 40.0 percent year-on-year, according to preliminary data released by cvworld.cn, a Chinese automotive information service provider.... 04.11.2025  11:00

• South Korea launches 400 billion South Korean won support for steel sector restructuring The South Korean government has unveiled a 400 billion Korean won ($278.41 million) steel export guarantee program to strengthen small and medium-sized enterprises in the domestic steel sector. According to local media reports, the initiative launched on November 4, 2025, aims to cushion domestic... 04.11.2025  11:00

• Indian passenger car sales in October hit highest monthly level in 2025 Passenger vehicle sales in India, as measured by shipments from manufacturers to dealers, posted a strong performance in October 2025, supported by a decline in Goods and Services Tax (GST) supported by rising demand during the festival season, according to data released by the industry on Tuesday,... 04.11.2025  10:00

• Champion Iron reported record quarterly sales in the second quarter of 2025-2026. Canadian iron ore producer Champion Iron Limited has announced its operating and financial results for the second quarter of the 2025-26 fiscal year ended September 30, achieving record quarterly sales.In the second quarter, the company reported a net profit of 56.79 billion Canadian dollars,... 04.11.2025  10:00