Metallurgy news

• India plans to introduce new three-year structured safeguard duty on steel imports The Indian government is considering introducing a new structured safeguard duty on steel imports, a government official said on Tuesday, November 25.The official said the plan is to introduce a new safeguard duty of 11-12 percent. Under the new structure, the safeguard duty will be levied for a... 25.11.2025  17:00

• MEIS: Protective measures will affect Asian steel exports more than CBAM The development of green steel and changes in steel trade flows in Asia were among the main topics discussed at the Middle East Metallurgy Conference (MEIS) held in Dubai last week. In particular, although at first glance Asian steel companies, which mainly use the BF/BOF route, will be among the... 25.11.2025  17:00

• Turkey's base metals capacity utilization in November 2025 from October According to preliminary data released by the Central Bank of Turkey, the capacity utilization rate of the Turkish base metals industry was 75.3 percent in November this year, up from 74.7 percent recorded in the previous month, while the capacity utilization rate of the Turkish base metals... 25.11.2025  16:00

• Hyundai Steel will supply low carbon steel to South Korea's expanding national electricity grid. South Korean steel company Hyundai Steel has announced the signing of a memorandum of understanding with the Korean Electric Power Corporation (KEPCO) and the Korean Cooperative of Electrical Manufacturers to ensure stable supplies of low-carbon steel for the large-scale expansion of South Korea's... 25.11.2025  16:00

• Russia's Severstal has begun construction of a new heat recovery plant The Russian steel company Severstal has announced the start of construction of a heat recovery plant (UTPP) at the Cherepovets Metallurgical Combine (CherMK), its flagship production site. The project aims to expand the company's own energy capacity by converting blast furnace gas into electricity,... 25.11.2025  15:00

• Iron ore shipments are growing amid stable demand for cargo and a limited supply of ships. Freight shipments of iron ore on key dry cargo routes in the Capsize class and small vessel segment increased in the week ending November 21, 2025. Although cargo demand in China remained stable rather than aggressive, freight activity stabilized and ship availability decreased, which helped... 25.11.2025  15:00

• Czech steel sector urges government to act as Germany introduces subsidized electricity tariff The Czech-Slovak Association of Steel Producers and Processors Ocelářská unie issued a sharp warning about the deterioration of the situation in the European steel market, stressing that the new subsidized electricity tariff in Germany, which is due to enter into force in January 2026 and which wi... 25.11.2025  14:00

• The EU could provide 10-15 million tons of high-quality scrap through ship recycling A new report from Belgian NGO Shipbreaking, Belgian think tank Sandbag and Tuscia University highlights that Europe's transition to low-carbon steel is largely dependent on the availability of high-quality ferrous scrap. While the EU already recycles large volumes of steel, pollution levels,... 25.11.2025  13:00

• China expands restrictions on BHP iron ore sales The Chinese state-owned iron ore trading unit of China Mineral Resources Group (CMRG) has reportedly ordered Chinese steel mills and traders to stop purchasing shipments of a second iron ore product from the Australian mining company BHP Group - in particular, low-grade "Jinbao fines," according to... 25.11.2025  13:00

• Manganese ore shipments through Port Hedland rose 45.1 percent in October 2025 compared to September In October this year, manganese ore shipments from Australia's Port Hedland totaled 152,408 metric tons, up 45.1% month-on-month and 49.4% year-on-year, according to monthly data released by the Port Hedland Port Authority.China, meanwhile, accounted for 68.9% of the total for the month volume of... 25.11.2025  12:00