Metallurgy news

• Kazakhstan's Qarmet begins construction of new coke oven batteries Kazakh metallurgical company Qarmet has taken an important step in its modernization program with the start of construction of coke oven batteries No. 8 and 9, the company said in a press release. The pouring of the first foundation signals the transition from preparation to full-scale construction... 02.12.2025  12:00

• Industrial production growth in India fell to 0.4% in October, hitting a 14-month low. Industrial production growth in India, as measured by the Industrial Production Index (IIP), fell to 0.4 percent in October 2025, a 14-month low, according to data released by the Ministry of Program Implementation and Statistics on Tuesday, December 2.Production growth data in October compared... 02.12.2025  12:00

• Thyssenkrupp Steel reaches restructuring agreement with IG Metall, clearing final hurdles German steelmaker Thyssenkrupp Steel has announced a collective restructuring agreement with union IG Metall and employee representatives, marking a decisive breakthrough in the company's multi-year transformation program.The agreement covers the alignment of interests, a social plan and several... 02.12.2025  11:00

• Taiwan's CSC reports an operating loss for January-October 2025 China Steel Corporation (CSC), Taiwan's largest steelmaker, has announced preliminary financial results for the first 10 months of this year.In October, the company's sales of carbon steel amounted to 611,915 tons, while in January-October, sales of carbon steel amounted to 6.17 million tons.In... 02.12.2025  11:00

• On November 14, the Minex Mining Club held a panel discussion on financing major projects after 2022. • Andrey Melnikov (Russian Titan),• Igor Svintitsky (OERN),• Ekaterina Serebryannikova (VEB.RF),• Egor Kuleshov (CMT Consulting),• Roman Shchetinsky (GV Gold),• Denis Burdin (GKZ, CCR).The participants noted that project financing requires careful project preparation and audit reports from technical... 02.12.2025  11:00

• Average new home prices in 100 Chinese cities increased by 2.68% in November 2025 In November of this year, average new home prices in 100 major Chinese cities totaled 17,036 yuan/square meter ($2,408/sq.m.), an increase of 0.37 percent month-on-month, with an increase of 2.68 percent year-on-year, as announced by the CIA, the largest independent real estate research... 02.12.2025  10:00

• Passenger car sales in India show steady growth in November amid tax cuts Passenger car sales in India, represented by shipments from manufacturers to dealers, showed steady growth in November 2025 as the reduction in Goods and Services Tax (GST) in October continued to boost demand, data released by various companies showed on Tuesday, December 2.The largest passenger... 02.12.2025  10:00

• The Indian company MOIL Limited raises prices for most grades of manganese ore with delivery in December 2025 The Indian state-owned manganese ore mining company MOIL Limited has raised prices for most grades of ore for delivery in December, according to a company statement on Tuesday, December 2.The price of ferromanganese ore with a Mn content of 44 percent or higher has been increased by three percent,... 02.12.2025  09:00

• Indian NMDC Limited predicts an 11% increase in iron ore production in November 2025 Indian state-owned mining company NMDC Limited achieved iron ore production of 5.01 million tons in November 2025, up 11 percent from the corresponding month of the previous year, the company said in a statement on Tuesday, December 2.The company reported total sales of 4.17 million tons, which is... 02.12.2025  09:00

• The CEO denied rumors of a technical failure at Bolivian El Mutun Bolivia's El Mutun steel complex halted operations just two weeks after opening, prompting rumors of technical problems and local media claiming it was a white elephant. Jorge Alvarado Rivas, the complex's general manager, announced that equipment testing had been completed successfully and all... 02.12.2025  07:00