Metallurgy news
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04.11.2025 16:00
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04.11.2025 16:00
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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
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Spanish Acerinox reported a decrease in net profit in the third quarter of 2025 Spanish stainless steel manufacturer Acerinox S.A. announced financial and operating results for the third quarter and the first nine months of this year.In the third quarter, the company reported a net profit of β¬25 million, a decrease of 47.9% compared to the same quarter last year, and sales r...
04.11.2025 15:00
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Free trade agreement between Malaysia and Korea will strengthen cooperation in the steel industry Malaysia's Ministry of Investment, Trade and Industry has announced that Malaysia and South Korea have completed a free trade deal, creating a modern trade structure that directly benefits the steel and manufacturing industries. The agreement marks Malaysia's 19th free trade agreement and is a step...
04.11.2025 14:00
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MinRes launches new production center at Onslow Iron in Western Australia Mineral Resources Limited (MinRes), a leading Australian mining and processing company, has announced the start of production at the Upper Reed and Cardo Boron Eastern hub of the Onslow Iron project in Western Australia, marking an important milestone for the company's flagship iron ore...
04.11.2025 14:00
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04.11.2025 14:00
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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
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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
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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
 
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