Metallurgy news

• When choosing a contractor, you choose the consequences. One contractor performs the work reliably and strengthens your reputation.The other one brings deadlines, fines, or accidents.The main thing is that these risks can be predicted and managed, rather than dealt with afterwards.In the book "A Safe Contractor is a Choice," we share experiences that... 20.11.2025  09:00

• South Korea has announced that it plans to close all its coal-fired power plants. At the same time, a closure schedule has already been approved for 40 facilities, providing for decommissioning by 2040. The closing dates of the remaining 21 will be determined "based on economic and environmental feasibility," and a specific plan is planned to be prepared next year."In the long... 20.11.2025  09:00

• Production capacity utilization, in the third quarter. in general, the economy continues to fall, and frontally. "In the economy as a whole" problems of overload There is no longer any capacity: - in mining, against the backdrop of sanctions, the utilization rate has dropped to its lowest level since the beginning of at least 2019; - in the manufacturing industry, the load level has already dropped to 70% (seasonality has been eliminated), which can be... 20.11.2025  08:00

• Transshipment of Kazakh coal through Russian ports increased by 34% in January-October 2025 Transshipment of Kazakh coal through Russian ports in January-October 2025 increased to 9.6 million tons (2.5 million tons or 34% YoY).The main growth occurred in the ports of the Azov-Black Sea basin, where 3.4 million tons (1.5 million tons, or 83%) were handled. Transit through the Baltic ports... 20.11.2025  07:00

• In January-September 2025, the European Union reduced imports of direct reduction iron (DRI) by 26.2% compared to the same period in 2024, to 1.54 million tons. The main importers of direct recovery iron among the EU countries following the results of the specified period were Italy, Spain and Austria, in particular:Italy – 683.6 thousand tons (33.1% YoY);Austria – 276.81 thousand tons (32.4% YoY);Spain – 205.49 thousand tons (6.4% YoY).A significant decre... 20.11.2025  07:00

• Europe: the continent that invented industry — and managed to lose it in one generation The European economy today resembles a luxurious old mansion, where the facade is still standing, but the plaster has long crumbled inside. Once you dig into the numbers, it becomes clear that deindustrialization has ceased to be a trend and has become the norm.Let's start with steel, a symbol of... 20.11.2025  07:00

• Russia's Severstal has completed a major overhaul of the converter at CherMK The Russian steel company Severstal has announced the completion of a key stage in the modernization of its steelmaking plant, completing the overhaul of converter No. 2 at the CherMK plant. The project, which included a complete replacement of the lining and increased productivity, was designed to... 19.11.2025  19:00

• Turkey has exhausted the EU quota for valve imports in the fourth quarter During the second month of the EU quota period from October 1 to December 31, some import quotas for certain types of steel products allocated to some countries such as Turkey, Taiwan, South Korea, India, Macedonia, Serbia and China were exhausted, while, according to the latest data from the... 19.11.2025  19:00

• Algoma Steel receives funding from CEEFC and Ontario Algoma Steel Group Inc, a leading Canadian producer, has received 500 million Canadian dollars from the governments of Canada and Ontario, in particular 400 million Canadian dollars from the Canadian Corporation for Emergency Enterprise Financing (CEEFC) and 100 million Canadian dollars from the... 19.11.2025  18:00

• Sales of Brazilian distributors of rolled products decreased in October Sales of flat rolled steel by Brazilian distributors reached 354,100 tons in October against 361,700 tons in September, according to the INDA industry institute.On the same comparative basis, INDA-related distribution chain acquisitions decreased by 4.6 percent to 343,500 tons, while inventory... 19.11.2025  18:00