Metallurgy news

• Gerdau's net profit declined in the third quarter of 2024 Brazilian group Gerdau reported consolidated net profit of 1.089 billion reais (202.4 million US dollars) for the third quarter of 2025, compared with 1.356 billion reais achieved in the 3rd quarter of 2024. Net sales increased by 3.50 percent to 17.983 billion reais, production costs increased by... 31.10.2025  22:00

• Metinvest wants to buy a pipe plant in Romania The mining and metallurgical group Metinvest intends to acquire from the ArcelorMittal corporation a pipe plant in Romania (Tubular Products Iasi S.A., AMTP Iasi), controlled by ArcelorMittal S.A. (Luxembourg). According to the European Commission's previous notification on concentration, on 21... 31.10.2025  19:25

• Australian company Alter Steel will reduce carbon emissions using Danieli technology Italy's Danieli Technologies has shared details of the process equipment it will supply to Australian steelmaker Alter Steel's new steel plant in Pinkenbah, which will be the country's first new steel plant in more than 40 years.As previously reported by SteelOrbis , the compact, highly efficient... 31.10.2025  17:02

• Japan's industrial production increased by 2.2 percent in September 2025 compared with August In September of this year, Japan's industrial production grew by 2.2 percent month-on-month and by 3.4 percent compared to the same month in 2024, according to preliminary indexes of the industrial production report published by the Ministry of Economy, Trade and Industry of Japan (METI).On the... 31.10.2025  17:02

• TUIK: The value of steel exports from Turkey increased by 4.4 percent in January-September 2025 According to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Customs Administration, in September of this year, Turkey's foreign trade deficit increased by 33.8 percent to $6.90 billion compared to September 2024. In the first nine months of... 31.10.2025  17:01

• Vale's net profit increased in the third quarter of 2025 Brazilian miner Vale reported net income of $2.695 billion for the third quarter of 2025, up 13 percent from the third quarter of 2024. Net sales increased 9 percent to $10.420 billion, production costs increased 6.0 percent to $6.632 billion, gross profit increased by 16 percent to $3.788 billion... 31.10.2025  17:00

• TUIK: The cost of steel imports to Turkey decreased by 3.7 percent in January-September 2025 According to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Customs Sub-Secretariat, in September this year, the value of iron and steel imports to Turkey increased by 3.8 percent year-on-year, amounting to $1.80 billion. In this month,... 31.10.2025  16:00

• Türkiye is nearing exhaustion of long EU steel import quotas for the fourth quarter As the first month of the EU quota period from October 1 to December 31 approaches, some import quotas on certain steel products allocated to some countries such as Egypt and Turkey have already been exhausted, and some import quotas are close to being exhausted, according to the latest data from... 31.10.2025  15:00

• European automakers warn of production shutdown as microchip shortage intensifies The European Automobile Manufacturers Association (ACEA) has issued an urgent warning that car production across Europe may soon come to a halt due to a critical shortage of microchips used in automotive electrical systems.The violation is related to a political dispute blocking the export of... 31.10.2025  15:00

• The Swedish Energy Agency has awarded SSAB SEK 314 million for a fossil-free steel project in Luleå Swedish steel company SSAB announced that it has received SEK 314 million ($33.24 million) in funding from Sweden's Industrial Leap program, managed by the Swedish Energy Agency, to promote electrification and energy efficiency at its new fossil-free steel plant in Luleå.The funding supports SSAB's ... 31.10.2025  14:00