Metallurgy news

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• Yukun Steel Group launches modernized facilities On November 24, the Chinese steel company Yukun Steel Group, located in Yunnan province, fully launched its modernized facilities after implementing a capacity replacement and modernization project. The project was implemented over five years with a total investment of 23 billion yuan ($3.2... 27.11.2025  10:00

• The gross profit of Chinese metallurgical enterprises in January-October amounted to 105.32 billion yuan In January-October of this year, the ferrous metals smelting and rolling sector in China recorded a gross profit of 105.32 billion yuan ($14.8 billion), compared with a gross loss of 23.32 billion yuan recorded in the same period last year, as announced by the National Bureau of Statistics of China... 27.11.2025  10:00

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• “The main risk is the growing import of finished metal structures” Head of the EVRAZ Project Sales Directorate Dmitry Pukhnarevich said in an interview that the steel beam market is going through a difficult period. After record demand in 2024, in the second half of 2025, consumption decreased by 25–30% due to a high key rate and massive freezing of projects. The p... 27.11.2025  08:00

• It's been 30 years since the mortgage auctions Currently, the market value of Norilsk nickel in dollars is about 25-27 billion USD. Kommersant wrote: "In 2000, the first deputy Prosecutor General, Yuri Biryukov, sent Potanin a letter in which he stated a significant underestimation of the value of Norilsk Nickel at a collateral auction — i... 27.11.2025  08:00

• The railway engineering industry does not need metal - a decrease in the production of rolling stock for all types has been observed over the past 10 months. Only tank cars, metrovagons and electric locomotives showed growth in October.44.8 thousand freight cars (-27.6% compared to January-October 2024), in particular: 18.4 thousand gondola cars (-22.9%), 3.1 thousand hoppers (5.4 times lower), 5.1 thousand platforms (-19.4%). In October, 3.25 thousand... 27.11.2025  08:00

• And there is a metal that has grown even more than gold over the past year: Ruthenium is rising sharply in price by 95% over the year for the following reasons Explosive demand from the artificial intelligence and cloud computing industries. Ruthenium is used in specialized memory components, storage devices and elements that are needed for data centers and the operation of modern AI systems. Accordingly, the more AI and data centers, the higher the... 27.11.2025  07:00