Metallurgy news
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HRC in Turkey imports five percent in January 2025. Turkey's hot coil imports totaled 290,792 metric tons in August this year, down 29.3 percent from July and down 18.8 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of these imports was $152.97 million. United States,...
08.10.2025 17:00
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Iskenderun market talks: Turkish factories seek to stay afloat amid high interest rates and weak demand On Tuesday, October 7, the SteelOrbis Market Talks meeting, held at the Anemon Hotel Iskenderun with over 400 participants and sponsored by Turkish steel producer Atakas Celik and attended by Atakas Celik's Deputy Chairman of the Board, Mustafa Naim Atakas, discussed in detail the current state and...
08.10.2025 17:00
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Stellantis invests $10 billion in the US Multinational auto company Stellantis is considering a major U.S. expansion, planning to invest about $10 billion in manufacturing facilities in Illinois and Michigan to bolster production and bolster its presence in the world's largest auto market, according to a Bloomberg report. Negotiations are...
08.10.2025 16:00
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Indian imports of coking coal increased by 3% in the first half of 2025-26. According to data received from the Indian Ports Association (IPA) on Wednesday, October 8, the import of coking coal to India through all major ports of the country in the period from April to September 2025-26 fiscal year was tentatively estimated at 30.489 million tons, an increase of 3.23...
08.10.2025 16:00
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Severstal supplies steel for the first project of the project of the modular wind tower in Kyrgyzstan The Russian Metallurgical Plant Severstal announced the start of the supply of steel sheet from the 5000 plant at its production site in Kolpino for the manufacture of modular steel towers intended for a wind-energy project in Kyrgyzstan. As the first international project in the field of wind...
08.10.2025 15:00
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Vietnam's Vingroup is part of the steel industry with a 5 million ton high-tech complex. The Vietnamese Vingroup has officially established the VinMetall Joint-Stock Company for Production and Trade, which marked its expansion into the country's metallurgical industry, according to media reports.VinMetal launches with an initial investment of 10 trillion DONG ($379.35 million) for the...
08.10.2025 15:00
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Passenger vehicle sales in India rose just 5.22% in September despite a surge at the end of the festival season Retail sales of Indian vehicles, indicated by new registrations, were recorded at 1,827,337 units in September this year, a modest 5.22 percent year-on-year increase, according to data released by the Federation of Automobile Dealers Association (FADA) on Wednesday, October 8.Even though retail car...
08.10.2025 14:00
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Federaccai: The permanent EU guarantee regime is a "general positive measure" In a statement released on October 7, Federaccai, the Italian federation of steel companies, assessed the European Commission's permanent safeguards regime as "an overall positive measure" and "an important step towards a more informed European industrial policy capable of protecting the...
08.10.2025 14:00
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The EU unveiled the volume of quotas for the new guarantee system The European Commission announced the details of its new protective system and published the volume of quotas for products. , million tons per year (47 percent reduction compared to quotas for steel of 2024), doubles of the level of extracts of up to 50 percent compared to 25 percent under...
08.10.2025 13:00
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Czech company Třinecké Železárny restarts BF No. 4 after maintenance The largest steel mill in the Czech Republic, Třinecké Železárny, announced the successful restart of blast furnace No. 4 after comprehensive 42-day reconstruction and maintenance work at a cost of less than 700 million Czech crowns ($ 33.4 million). The furnace, which has been operating since 192...
08.10.2025 13:00
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