Metallurgy news

• The demand for steel pipes in the Russian Federation fell by 13% in nine months compared to the same period last year and amounted to 7.3 million tons, according to the presentation of the Pipe Metallurgical Company\& By the end of 2024, demand was at around 11.2 million tons, while companies in the industrial sector accounted for about 55% of total consumption, with the remaining 45% in the energy segment. In January-September of this year, the industrial segment accounted for 59% of total consumption, while... 11.11.2025  08:00

• The number of drilling rigs in the US and Canada will increase - Week 46 of 2025. Baker Hughes reported that for the week ended November 7, 2025, the number of U.S. rotary drilling rigs increased by 2 to 548.The number of gas production rigs increased by 3 to 128, and the number of oil production rigs decreased by 1 to 420. The total number of U.S. drilling rigs decreased by 37... 11.11.2025  07:00

• U. S. crude steel production Rose 1.0 Percent in the 46th week of 2025 According to the American Institute of Iron and Steel (AISI), for the week ending November 8, 2025, domestic production of raw steel in the United States amounted to 1,758 million net tons, and the capacity utilization rate was 76.7 percent.Production for the week ending November 8, 2025 increased... 11.11.2025  07:00

• Chile's Grupo CAP reported a net loss for the third quarter of 2025 Chilean iron ore producer Grupo CAP reported a net loss of $18.467 million for the third quarter of 2025, compared with a net loss of $7.011 million for the third quarter of 2024.In the comparative analysis, net sales increased 14.9 percent to $502.6 million, and including production costs... 11.11.2025  02:00

• forecasts a 14% drop in sales in home markets in 2025% Severstal expects that by the end of 2025, the minimum level of metal consumption in Russia will be 37.8 million tons (-14% YoY, previously 44 million tons)The company's production target for this year remains the same — 11 million tonsIn 2026, the company expects a further decline in steel c... 10.11.2025  21:00

• Ukraine reports an 8.4% increase in pig iron production in January-October 2025 In October of this year, pig iron production in Ukraine amounted to 692 thousand tons, which is 1.3% month-on-month and 10.7% year-on-year, according to the Ukrainian Metallurgical Association Ukrmetallurgprom.In this month, the country's steel production increased by 6.1% compared to the previous... 10.11.2025  16:00

• Turkish company Çelik Halat ve Tel Sanayii reports a higher net loss for January-September 2025 Turkish manufacturer of steel wire and ropes from Kocaeli Çelik Halat ve Tel Sanayii Inc. announced its financial results for January-September of this year.For the specified period, the company recorded a net loss of 677.19 million Turkish liras (16.04 million US dollars) compared to a net loss of ... 10.11.2025  16:00

• The Turkish company Kardemir reported a decrease in net loss for January-September 2025 Turkish integrated long products manufacturer Kardemir Karabuk Demir Celik Sanayi ve Tijaret A.S. Kardemir has announced its financial and operating results for the first nine months of this year.During the period, the company achieved a net loss of 955.08 million Turkish liras (US$22.63 million),... 10.11.2025  15:00

• Queensland's coal exports decreased by one percent in October 2025 In October of this year, coal exports from the Australian ports of Hay Point, Dalrymple Bay Coal Terminal (DBCT), Abbott Point and Gladstone, located in Queensland, decreased by one percent year-on-year and decreased by 3.1 percent month-on-month to 16.52 million tons, according to data released by... 10.11.2025  15:00

• The Turkish company Borusan Boru forecasts net profit growth in January-September 2025, the financial forecast has been revised upward Large Turkish manufacturer of steel pipes Borusan Birleşik Boru Fabrikaları Ticaret A.Ş. announced financial results for the first nine months of this year.During the period, the company achieved a net profit of 1.53 billion Turkish liras (US$37.95 million), compared with a net profit of 311.38 mi... 10.11.2025  14:00