Metallurgy news

• Fortescue is partnering with TISCO to promote hydrogen-based plasma cast iron production technology The Australian iron ore mining company Fortescue Metals Group has signed an agreement with Taiyuan Iron and Steel (Group) Co., Ltd. (TISCO), a subsidiary of the Chinese steel producer Baowu Group, to develop new technologies to support the decarbonization of the steel industry.The partnership... 04.12.2025  17:00

• Hazer and POSCO deepen cooperation in the use of graphite for steel decarbonization The Australian developer of environmentally friendly technologies, the Hazer Group, and the South Korean steel producer POSCO have extended their memorandum of understanding for another two years, noting their continued commitment to developing ways to decarbonize steel using pure hydrogen and... 04.12.2025  17:00

• OFAC Penalty for Ignoring DD A private equity fund in Chicago entered into an $11.48 million Settlement for managing $50 million in investments tied to Russian oligarch Suleiman Kerimov long after he was sanctioned.The firm did what many funds do: it vetted the entities, relied on clean records, and took into account the... 04.12.2025  17:00

• The metallurgical plant of the DCH group has successfully tested the production of a new line for the European market Dnipro Metallurgical Plant (DMZ) PJSC, part of the DCH Steel group of DCH businessman Alexander Yaroslavsky, has completed the transition to continuous casting and has begun developing a new type of rolled products. It is specified that the rental campaign lasted from November 12 to 22, seven days... 04.12.2025  17:00

• Car sales in Turkey increased by 10.2 percent in January-November 2025 In November this year, sales of passenger cars and light commercial vehicles in Turkey rose 9.8 percent year-on-year and 14.5 percent month-on-month to 132,984 units, according to statistics released by the Turkish Automotive Distributors and Mobility Association (ODMD). In the month, Turkey's... 04.12.2025  16:00

• The European Parliament goes beyond the October protection plan and takes stricter measures. The European Parliament's (EP) Committee on International Trade (INTA) has published a draft report that significantly modifies and strengthens the European Commission's October proposal to address global steel overcapacity by introducing tougher trade protection measures, new bans based on origin,... 04.12.2025  16:00

• The Indian company MOIL Limited predicts a 1% increase in manganese ore production in November 2025 The Indian state-owned mining company MOIL Limited achieved manganese ore production of 165,000 tons in November 2025, up one percent from the corresponding month of the previous year, according to a statement from the company on Thursday, December 4.The company reported that total sales for the... 04.12.2025  15:00

• Stagnation in the Indian steel market worsens in November 2017, the outlook remains gloomy Steel prices in India in November 2025 showed a downward trend due to a slowdown in trade and a rapid build-up of inventories, which contradicts expectations of a trend reversal after the holidays. With prices at a five-year low, it seemed that the downtrend entered a stagnation phase in November... 04.12.2025  15:00

• Rio Tinto unveils production forecast for 2026 The Australian mining company Rio Tinto has released its production forecasts for 2026, as well as its financial forecast and overall strategy for this year.In 2026, the company expects its total iron ore sales to be 343-366 million tonnes, with 323-338 million tonnes produced at its Pilbara... 04.12.2025  14:00

• EUROFER: imports of finished steel to the EU increased by 0.3 percent in January-August 2025 According to the report of the Economic Committee of the European Steel Association (EUROFER) "Steel market Prospects for 2025-2026/Q4 2025", the total volume of steel imports to the EU, including semi-finished products, increased by 0.3 percent year-on-year in the first eight months of 2025. Over... 04.12.2025  14:00