Metallurgy news
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Ecomondo 2025: European Steel Industry between climate challenges and economic sustainability Decarbonization, energy and raw materials were at the center of the debate in Rimini at Ecomondo 2025, the leading international event dedicated to the green and closed economy. Participants heard that the race to produce low-emission steel continues, but challenges remain related to costs,...
10.11.2025 14:00
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TΓΌrkiye launches new support programs to ease access to export finance According to a statement published in the Official Gazette of Turkey, two new support programs have been launched to facilitate Turkish exporters' access to finance and strengthen their competitiveness in global markets.Scope and purpose of the programsAccording to a statement from the Ministry of...
10.11.2025 13:00
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GMH Gruppe completes acquisition of Buderus Edelstahl units German specialty steel manufacturer GMH Gruppe has announced that it has legitimately completed the acquisition of two business units from domestic high-performance metals manufacturer Buderus Edelstahl GmbH. The acquisition, which covers a hot rolling machine for large rolled products, as well as...
10.11.2025 13:00
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Turkey's base metals production fell by three percent in September 2025 compared to August According to data released by the Turkish Statistical Institute (TUIK), in September this year, Turkey's seasonally and calendar-adjusted monthly industrial production decreased by 2.2 percent compared to the previous month, while the calendar-adjusted index increased by 2.9 percent compared to...
10.11.2025 12:00
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German machinery manufacturers are facing a sharp decline in orders amid the global trade crisis According to the German Federation of Mechanical Engineering (VDMA), the German engineering sector recorded a sharp drop in new orders of 19 percent year-on-year in September 2025, reflecting the ongoing strain from the global trade crisis and weakening industrial demand.The decline also...
10.11.2025 12:00
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ArcelorMittal Beryslav received UAH 14.6 million in profit after a loss a year earlier ArcelorMittal Berislav JSC (Berislav, Kherson region), one of the Ukrainian subsidiaries of ArcelorMittal, received UAH 14,554 million in net profit, while 2023 ended with a net loss of UAH 17,851 million. According to the annual report, last year the company increased its net profit by 86%...
10.11.2025 12:00
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Metinvest warns that CBAM could cause a serious blow to the Ukrainian economy Alexander Vodoviz, head of the office of the CEO of the Ukrainian steel group Metinvest, warned that the EU Carbon Border Adjustment Mechanism (CBAM), which is due to come into force on January 1, 2026, could cause a serious economic shock to the Ukrainian economy.Speaking at the conference...
10.11.2025 11:00
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Assofermet Acciai: Italian market awakens amid protectionism, announced price increases In recent weeks, the Italian steel market has shown an unexpected recovery due to the tightening of trade and economic protectionist measures.Β Interest in the purchase has significantly revived with new dynamics from both end users and service centers specializing in carbon flat products, according ...
10.11.2025 11:00
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Production of Burgundy diamonds in the 3rd quarter of 2025 decreased by 51% year-on-year to 0.61 million carats, and quarterly sales also decreased by 43% In annual terms to 0.81 million carats against the background of the continued decline in prices for rough diamonds, IDEX reports. Recall that in July 2025, Burgundy suspended part of mining operations at the Ekati mine (Point Lake) due to "sub-economical" prices.In our opinion, the current...
10.11.2025 11:00
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An auction has begun in Goa to transfer 10 idle iron ore dumps to miners The government of the western Indian state of Goa has begun the process of auctioning 10 idle iron ore dumps with an estimated combined volume of 22 million tons, a government official said on Monday, November 10.The official said the auction to transfer 10 idle iron ore dumps to private mining...
10.11.2025 10:00
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