Metallurgy news

• The production of untreated steel in the United States decreased by 1.5 percent in the 42nd week of 2025. According to the American Institute of Iron and Steel (AISI), for the week ending October 11, 2025, domestic production of raw steel in the United States amounted to 1.722 million net tons, and the capacity utilization rate was 76.0 percent.Production for the week ending October 11, 2025 decreased... 15.10.2025  00:00

• Stegra launches new round of financing for development of green steel plant in Boden Swedish company Stegra has announced a new round of financing to support the construction of the world's first large-scale green steel plant in Boden, Sweden, following strong commitments from existing investors.Renewed support from founders and leading investors, according to Henrik Henriksson,... 14.10.2025  19:00

• Spain has approved subsidies of 600 million euros to offset the cost of carbon emissions in electricity-intensive industries The Spanish Ministry of Industry and Tourism has announced that it has approved a preliminary resolution to provide subsidies of 600 million euros to help electricity-intensive industries offset the indirect costs of carbon emissions.This measure is aimed at supporting energy-intensive companies at... 14.10.2025  19:00

• Global steel demand will stabilize in 2025 and grow in 2026 – forecast Global steel demand in 2025 will remain at the level of the previous year - about 1.748 billion tons, after a decline of 1.6% in 2024. Such data are presented in the short-term forecast of the World Range Outlook (SRO).In 2026, demand will increase by 1.3%, to 1.772 billion tons, which will help... 14.10.2025  19:00

• Serbia will seek exemption from proposed EU steel guarantees Serbian President Aleksandar Vucic has called on European Commission President Ursula von der Leyen to open negotiations on new EU steel safeguards, which he believes could hamper Serbia's ability to export steel to its key markets and pose a direct threat to the Smederevo steel plant, according to... 14.10.2025  18:00

• In January-September 2025, car sales in Turkey increased by 8.5 percent In September of this year, car sales in Turkey totaled 114,112 units, up 8.7 percent from July and 25.2 percent year-on-year, according to monthly statistics released by the Turkish Automobile Manufacturers Association (OSD). In the same month, passenger car sales in Turkey totaled 88,274 units, up... 14.10.2025  18:00

• Rio Tinto's Pilbara iron ore output remains stable in third quarter Australian miner Rio Tinto has announced production results for the third quarter ended September 30 of the current calendar year.In the third quarter, the company's iron ore production from its Pilbara operations in Western Australia remained stable both year-on-year and quarter-on-quarter. 84.1... 14.10.2025  17:00

• Kocaer Çelik becomes the first Turkish steel producer to have SBTi approved zero balance targets Turkish Steel Mill Kocaer Çelik Sanayi ve Ticaret A.Ş. Announced that the Science-Based Goals Initiative (SBTi) has officially approved its short-term (2030) and long-term (2050) targets for reducing greenhouse gas (GHG) emissions.With this certification, Kocaer Çelik becomes the only Turkish steel ... 14.10.2025  17:00

• Polish JSW is preparing for business restructuring to stabilize liquidity Polish coking coal producer Jastrzebska Spolka Weglowa SA (JSW) announced that it has begun preparations for a comprehensive business restructuring process aimed at stabilizing its liquidity situation.The initial stage of the restructuring process will focus on stabilizing the short-term and JSW... 14.10.2025  16:00

• El Mutun Steel Complex launches DRI plant in Bolivia The Bolivian El Mutun Steel Complex has begun testing at its direct iron reduction (DRI) plant, which is considered the most important division of the enterprise and the last plant to enter service. The initial phase began with the ignition of gases to reduce the iron oxides present in the pellets... 14.10.2025  16:00