Metallurgy news

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• Indian Hi-Tech limited begins production at steel pipe plant in Gujarat India's Hi-Tech Pipes limited has commenced commercial production at its abandoned steel pipe plant in the western state of Gujarat, the company said in a statement on Thursday, November 27.The new facility expands the company's capabilities in the production of large diameter ERW pipes, hollow ... 27.11.2025  11:00

• Indian Railways is set to introduce a new freight transportation policy for the steel sector. Indian national carrier Indian Railways (IR) is preparing to introduce a new freight transportation policy specifically designed for the steel sector, government sources said on Thursday, November 27. The upcoming structure will reflect the cost-effective freight structure currently offered to the... 27.11.2025  11:00

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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