Metallurgy news
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29.10.2025 20:00
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Nucor increased net profit by 2.4 times American Nucor Corp., one of the largest steel companies in the United States, in the third financial quarter increased net profit by more than 2.4 times, revenue by 14.5%, both figures being better than analysts' forecasts.Million, or $2.63 per share, compared to $250 million, or $1.05 per share,...
29.10.2025 19:00
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Samarco reaches record production level in third quarter In a preview of third-quarter results, Brazilian iron ore and pellet producer Samarco said its total iron ore and pellet production reached 4.1 million tonnes, the highest since resumption of operations, up from 3.9 million tonnes in the previous quarter.Samarco product sales were consistent with...
29.10.2025 17:00
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China's aluminum production fell 2% y/y to 5.9 million in September, compared with a 5% y/y decline in August. In our view, the rapid expansion of the power grid complex and the creation of a new energy sector in China (60% of global consumption), coupled with the country's limited aluminum production, remain among the key factors strengthening aluminum market fundamentals in the medium term.China's copper...
29.10.2025 16:00
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India's NMDC limited's consolidated net profit rose 41 percent in the second quarter of FY 2025-26 India's state-owned iron ore miner NMDC limited achieved consolidated net profit of 16.83 billion rupees ($190.63 million) in the second quarter (July-September) of fiscal 2025-26, up 41 percent from the same quarter in the previous fiscal year, according to a company regulatory filing on...
29.10.2025 14:00
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India's NSL Limited reported a smaller consolidated net loss in the second quarter of fiscal year 2025-26. Indian NMDC Steel Limited (NSL), a subsidiary of the state-owned iron ore mining company NMDC Limited, reported a consolidated net loss of INR 1.15 billion ($13.02 million) in the second quarter (July-September) of the fiscal year 2025-26, lower than the consolidated net loss of INR 5.95 billion....
29.10.2025 14:00
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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
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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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Aluminum rose to its highest level since May 2022 — $2,900 per ton. Aluminum prices on Tuesday updated the maximum in almost 3.5 years.The price of three-month aluminum futures on the LME increased by 0.6% to 18:40 CZK and amounted to $ 2,893.5 per ton, and during the session reached a maximum of $ 2,900.3 per ton since May 2022.Prices are rising against the...
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
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