Metallurgy news

• AMKR Supervisory Board approves loan agreement with EBRD The Kryvyi Rih Mining and Metallurgical Combine of PJSC ArcelorMittal Kryvyi Rih (AMKR, Dnipropetrovsk region) intends to attract a loan of up to $200 millionFrom the European Bank for Reconstruction and Development (EBRD)According to the company, on November 26, 2025, the AMKR Supervisory Board... 01.12.2025  12:00

• Scrap imports to Turkey decreased by 7.3 percent in January-October 2025 In October of this year, the volume of scrap imports to Turkey decreased by 12.2 percent year-on-year and by 24 percent month-on-month to 1.29 million metric tons, according to data provided by the Turkish Statistical Institute (TUIK). The value of these imports amounted to $464.39 million, a... 01.12.2025  11:00

• Admiralty Resources has signed the first Mariposa iron ore mining contract with Trafigura The Australian company Admiralty Resources has announced that it has taken a key step towards commercializing its Chilean Mariposa iron ore project by signing a supply contract with Singapore-based trader Trafigura Pte Ltd. The deal covers approximately 150,000 tons of Mariposa iron ore with 65%... 01.12.2025  11:00

• We are not running out of copper. We're running out of time. By 2050, the demand for copper will double. But new deposits? Falling into the abyss.Since 2010, about 207 million tons of copper have been discovered in 54 deposits worldwide. During the same period, 272 million tons were mined. Consider this: we are depleting our reserves faster than we are... 01.12.2025  11:00

• India's Steel Ministry is preparing $448 million for the revival of the defunct VISL steel mill The government of the southern Indian state of Karnataka has approved a policy according to which the export of iron ore through non-major ports in the region will resume in 15 years, the government said in a statement on Friday, November 28.The Indian Ministry of Steel has prepared detailed... 01.12.2025  10:00

• HBIS Resources to increase sales of HBIS Hong Kong iron ore by 400 million yuan On November 27, Chinese mining company HBIS Resources Co., Ltd, located in Hebei Province, announced that due to rising iron ore prices in the second half of the year and increased sales of high-quality iron ore, its board of directors approved a proposal to increase sales of HBIS Hong Kong iron... 01.12.2025  10:00

• In January-October 2025, China's transport turnover will reach 2.95 trillion yuan. Total fixed asset investment (FAI) in China's transportation sector was 2.95 trillion yuan ($0.42 trillion) between January and October this year, remaining at a high level, as announced by China's Ministry of Transport (MOT).During the period, FAI for road and waterway construction in China... 01.12.2025  09:00

• China's steel sector PMI will drop to 48 percent in November 2025 In November of this year, the Purchasing Managers' Index (PMI) for China's steel industry was 48.0 percent, down 1.2 percentage points from October of this year, as announced by the China Steel Logistics Committee (CSLC), which is part of the Chinese Federation of Logistics and Procurement (CFLP)..... 01.12.2025  09:00

• According to the Aluminum Institute (IAI), in October, global primary aluminum production increased by 0.6% YoY after an increase, according to updated estimates. By 1.2% YoY in September. In particular, in China, which accounts for 60% of the global aluminum supply, its production increased by 0.9% YoY in October. Overall, the strong dynamics of consumption in Asia (including for the needs of the electricity grid infrastructure), as well as the ongoing... 01.12.2025  07:00

• The price of silver on the world market has reached a new historical high, exceeding 56 per troy ounce. Since the beginning of the year, it has almost doubled in price. Other precious metals also increased in price, but more modestly. The main reason for the growth was expectations of further easing of Fed policy, including in connection with the end of the shutdown in the United States. In addition,... 01.12.2025  06:00