Metallurgy news

• Al Yamamah Steel is participating in an $80 million capital increase for the subsidiary to promote the billet production plant project. Saudi Arabian steel producer Al Yamamah Steel Industries Co. has announced that it will participate in a planned capital increase for its subsidiary Al Yamamah Company for Reinforcing Steel Bars following an official request from the subsidiary's board of directors. The subsidiary intends to... 17.11.2025  18:00

• The German Steel Federation warns that the industrial electricity price plan does not include steel mills under CISAF Although Germany's new price offer for industrial electricity is aimed at strengthening the competitiveness of energy-intensive sectors, the German Steel Federation (WV Stahl) warned that this measure actually bypasses the steel industry. According to current EU state aid regulations under the... 17.11.2025  18:00

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• Gozzi from Federacciai criticizes the restriction on Germany's industrial capacity at 50 euros/MWh as "seriously distorting" As SteelOrbis previously reported, the Federacciai Association of Italian steel producers recently expressed its full support for the Italian government's position on the European Green Agreement, emphasizing the need for realistic goals and industrial policies aligned with the economic... 17.11.2025  17:00

• In January-October 2025, car production in Turkey increased by 3.6 percent In October of this year, car production in Turkey totaled 131,878 units, up 8.1 percent year-on-year and 6.9 percent month-on-month, according to monthly statistics released by the Turkish Automobile Manufacturers Association (OSD). In January-October, car production in Turkey amounted to 1,163,425... 17.11.2025  17:00

• Rio Tinto is investing AUD$35 million in the Calix Zesty™ plant to develop low-carbon steel production. The Australian mining company Rio Tinto has announced the signing of a joint development agreement with the Australian environmental technology company Calix to support the construction of the Calix Green Iron Technology Demonstration Plant (Zesty™) in Western Australia, which could enable the use o... 17.11.2025  16:00

• Acciaierie d'Italia becomes a strategic partner in the EU H2Loop steel decarbonization project The extraordinary members of the commission of the Italian steel manufacturer Acciaierie d'Italia (formerly Ilva) from Taranto announced that as of September 26, 10 applications had been received for the acquisition of former Ilva enterprises.Acciaierie d'Italia concluded a meeting in Taranto... 17.11.2025  16:00

• Tata Steel Nederland acquires Vattenfall power plants to support the transition to environmentally friendly steel Tata Steel Nederland has taken an important step towards its long-term decarbonization strategy by signing a definitive agreement to acquire three Vattenfall power plants in the Eymond region of the Netherlands. The assets currently operating on residual steelmaking gases will be transferred to... 17.11.2025  15:00

• Tenaris acquires Beaver Falls Scrap Metal Warehouse to boost U. S. Steel Production Luxembourg-based steel pipe manufacturer Tenaris has announced that it has expanded its production in the United States by acquiring the Beaver Falls scrap yard in Pennsylvania.Through its subsidiary Steel Recycling Services, Tenaris acquired a 39-acre scrap yard from SA Recycling. The facility is... 17.11.2025  15:00

• The French company Vallourec reported a decrease in sales revenue in January-September due to a weaker pipe segment. French pipe manufacturer Vallourec has announced its financial results for the third quarter and the first nine months of this year.In the third quarter of this year, Vallourec's sales revenue increased by 1.9 percent year-on-year to €911 million, while EBITDA was €210 million compared to €168 milli... 17.11.2025  14:00