Metallurgy news

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• Wholesale sales of NEVs in China in October 2025 are estimated at 1.61 million units, up 16%. According to the China Passenger Car Association (CPCA), China's new energy vehicle (NEV) wholesale sales reached 1.61 million units in October this year, up 16.0 percent year-on-year and up 7.0 percent month-on-month.Between January and October this year, China's new energy vehicle (NEV) wholesale... 05.11.2025  09:00

• Stocks of basic finished steel products in China decreased by 3.3 percent at the end of October 2025 As of October 31 this year, the total domestic stocks of the five main types of finished steel products in China's 21 major cities totaled 9.05 million tons, down 310,000 tons, or 3.3 percent, from October 20, according to the China Association of Metallurgy and Steel (CISA).In particular, as of... 05.11.2025  09:00

• Ukrainian Kametstal has begun a large-scale project for the reconstruction of a coke oven Kametstal, a subsidiary of the Ukrainian mining and metallurgical group Metinvest, has launched a large-scale investment project to reconstruct the coke oven disintegration shop building, built in 1947. The goal of the project is to restore the load-bearing capacity of the structure, improve... 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