Metallurgy news

• ... 04.11.2025  20:00

• The EU has allocated 2.9 billion euros for 61 zero technology projects under the Innovation Fund The European Commission has announced the allocation of 2.9 billion euros for 61 innovative zero-emission technology projects within the framework of the EU Innovation Fund.The grants follow the first zero-emission technology Competition (IF24 Call), launched in December 2024, aimed at... 04.11.2025  19:00

• The number of drilling rigs in the USA and Canada is decreasing – 45th week of 2025 Baker Hughes reported that in the week ended October 31, 2025, the number of rotary drilling rigs in the United States decreased by 4 to 546.The number of drilling rigs for gas production increased by 4 to 125, and the number of drilling rigs for oil production decreased by 8 to 421. The total... 04.11.2025  19:00

• US crude steel production down 0.4 percent - Week 45 of 2025 According to the American Iron and Steel Institute (AISI), for the week ended November 1, 2025, domestic crude steel production in the United States was 1.740 million net tons, with a capacity utilization rate of 76.0 percent.Production for the week ended November 1, 2025 decreased 0.4 percent... 04.11.2025  18:00

• Aceros Arequipa's net profit rose sharply in the third quarter of 2025 Peruvian steel producer Aceros Arequipa reported a net profit of 91 million PEN (US$26.8 million) for the third quarter of 2025, up 131.6 percent from the third quarter of 2024.Net sales increased 6.0 percent to PEN 1.198 billion, production costs increased 3.1 percent to PEN 1.003 billion, gross... 04.11.2025  18:00

• SteelAsia temporarily suspended operations at its scrap metal recycling plant Philippine steelmaker SteelAsia Manufacturing Corporation announced that it has voluntarily suspended operations at its scrap metal recycling plant in Calaque after the Philippine Nuclear Research Institute (PNRI) ordered the company to take responsibility for 23 containers of zinc dust allegedly... 04.11.2025  17:00

• Thyssenkrupp Steel withdraws from WV Stahl, Thyssenkrupp AG has not yet made a decision As a result of a major shake-up in the German steel sector, Thyssenkrupp Steel, the country's largest producer, has officially terminated its membership in the German Steel Federation Wirtschaftsvereinigung Stahl (WV Stahl), which took effect on December 31, 2026, according to a report by the... 04.11.2025  17:00

• German Finance Minister supports total ban on Russian steel imports ahead of national steel summit According to German media reports, German Vice Chancellor and Finance Minister Lars Klingbeil has called for a complete ban on steel imports from Russia ahead of the upcoming Steel Summit to be held at the Federal Chancellery in Berlin on Thursday, November 6.Klingbeil criticized the continued... 04.11.2025  16:00

• Ukrainian Zaporizhcox announced an increase in coke production in January-October 2025 The Ukrainian coke plant Zaporizhkoks, part of the Metinvest Group, announced production results for October and January-October of this year.During the specified month, the company produced 79 thousand tons of blast furnace coke, which is seven percent more than a year earlier.At the same time, in... 04.11.2025  16:00

• China-backed Simandou iron ore mine in Guinea aims to change market dynamics The long-delayed Simandou iron ore project in Guinea, which is now coming online, is poised to change the balance of power in the global iron ore market.Backed by key Chinese stakeholders, the $23 billion facility represents the world's largest untapped iron ore deposit, estimated to contain at... 04.11.2025  15:00