Metallurgy news

• ... 02.12.2025  22:00

• US and Canada drilling rig count declines - Week 49 of 2025 Baker Hughes reported that the number of rotary drilling rigs in the United States fell by 10 to 544 for the week ended November 26, 2025.The number of gas drilling rigs increased by 3 to 130, and the number of oil drilling rigs decreased by 13 to 414. The total number of drilling rigs in the... 02.12.2025  20:00

• U. S. Crude Steel Production Decreased by 1.4 Percent - 49th Week of 2025 According to the American Institute of Iron and Steel (AISI), for the week ending November 29, 2025, domestic production of raw steel in the United States amounted to 1.736 million net tons, and the capacity utilization rate was 75.8 percent.Production for the week ending November 29, 2025... 02.12.2025  19:00

• Vale revises production forecast Brazilian mining company Vale has published updated production forecasts for the coming years. Iron ore production is projected to reach 335 million tons in 2025, grow from 335 to 345 million tons in 2026, and reach 360 million tons by 2030.The volume of agglomerated products is expected to reach... 02.12.2025  19:00

• China's leading copper smelters have agreed to cut production by more than 10% year on year in 2026 amid ongoing Reductions in concentrate supplies, SMM reports, citing negotiations between the procurement team at Chinese factories. As a reminder, spot TC/RCs in China turned negative in mid-2025 on the back of recent supply disruptions at major mines.In addition, China's plans to expand new smelting capacity... 02.12.2025  17:00

• Global Toyota car production increased by six percent in January-October 2025 Japanese automaker Toyota Motor Corporation announced that its global vehicle production increased 3.8 percent year-on-year to 926,987 units in October this year. In particular, the company's domestic production increased by 6.8 percent to 326,832 units, while its foreign output increased by 2.2... 02.12.2025  16:00

• The Hydra project, powered by hydrogen, becomes a key factor in the complete decarbonization of Taranto The decarbonization plan of the former Ilva steelworks in Taranto in southern Italy has taken another step forward thanks to an industrial testing facility located at the Hydra site in Castel Romano (Rome). During Industry Minister Adolfo Urso's visit to the site, the Italian low-carbon steel... 02.12.2025  15:00

• EUROFER: Apparent use of steel will decrease in the second quarter of 2025 amid weak demand from end users According to the report of the Economic Committee of the European Steel Association (EUROFER) "Review of the economy and the steel market for 2025-2026/Q4 2025", in the second quarter of 2025, apparent steel consumption in the EU-27 amounted to 34.3 million tons, which is 1.8 percent less than in... 02.12.2025  15:00

• Ukrainian Zaporizhstal expects steel production to increase by 10.9% in January-November 2025 Ukrainian metallurgical plant Zaporizhstal, owned by Metinvest, announced production results for November and the first 11 months of 2025.In November, Zaporizhstal produced 309,100 tons of pig iron, 273,200 tons of crude steel and 251,300 tons of finished steel, an increase of 19.1%, 20.2% and... 02.12.2025  14:00

• The German company Feralpi Stahl provides long-term energy supply from Axpo for EDP operations German steelmaker Feralpi Stahl has signed a long-term electricity supply contract with Swiss energy supplier Axpo to operate its electric arc furnace (EDP) at the Riese plant in Saxony.The full supply contract, which will enter into force in January 2026, is designed for peak loads exceeding 100... 02.12.2025  14:00