Metallurgy news

• Aluminum rose to its highest level since May 2022 — $2,900 per ton. Aluminum prices on Tuesday updated the maximum in almost 3.5 years.The price of three-month aluminum futures on the LME increased by 0.6% to 18:40 CZK and amounted to $ 2,893.5 per ton, and during the session reached a maximum of $ 2,900.3 per ton since May 2022.Prices are rising against the... 29.10.2025  13:00

• Sweden's Nordic Iron received conditional funding of SEK 40 million Swedish miner Nordic Iron has received conditional support of SEK 40 million under a program supported by the Swedish Transport Administration to connect its planned industrial railway station at Blötberget to the state-owned main railway line, the company said. The project represents a critical i... 29.10.2025  12:00

• Thailand launches Investigation into AD Circumvention regarding Coated Steel from China The Thai Ministry of Foreign Trade has announced that it has launched an investigation into possible circumvention of anti-dumping measures (AD) imposed on imports of galvanized cold-rolled steel in rolls rather than in rolls originating from China.The investigation was launched at the request of... 29.10.2025  12:00

• Pacific Steel Group orders environmental control system from Danieli US steelmaker Pacific Steel Group has selected Italian manufacturer Danieli to supply its advanced ECO Primary line, an environmental control system developed by Danieli, for its MiDa hybrid plant in California. This project represents an important milestone in sustainable valve production with... 29.10.2025  11:00

• French investor Hy24 supports expanded funding round for Swedish Stegra According to media reports, French hydrogen investment company Hy24 is planning to participate in the latest round of shares for Sweden's Stegra, which is building a large-scale fossil fuel-free steel mill in Boden, Sweden. Stegra, formerly P Green Steel, is raising up to €975 million to cover cost ... 29.10.2025  11:00

• Tenaris signs contract with Petrobras to supply casing strings for offshore projects in Brazil Luxembourg-based steel pipe manufacturer Tenaris has announced it has signed a new three-year contract for the supply of conductors and casing products with Brazilian energy supplier Petrobras. The agreement, covering the period from 2027 to 2029, will support drilling operations in the Sub-Salt... 29.10.2025  10:00

• BIR: Old trade rules no longer apply, changing waste recycling At the World Recycling Convention of the Bureau of International Recycling (BIR) in Bangkok on October 27-28, 2025, industry leaders highlighted how changing global trade dynamics, new priorities for sustainable development, and updated steel recycling statistics are changing the recycling... 29.10.2025  10:00

• India's Jindal Steel Limited expects a 26% decrease in consolidated net profit in the second quarter of fiscal year 2025-2026. Indian company Jindal Steel Limited (JSL), formerly known as Jindal Steel and Power Limited, achieved consolidated net profit of INR 6.35 billion (US$71.95 million) in the second quarter (July-September) of fiscal year 2025-26, which is 26 percent less than in the corresponding quarter of the... 29.10.2025  09:00

• Steel Dynamics Announces the Launch of BIOEDGE and EDGE Steel Dynamics, Inc. announced low carbon steel products, BIOEDGE and EDGE, to help customers reduce greenhouse gas emissions and achieve sustainability goals.Manufactured exclusively using electric arc furnace (EAF), BIOEDGE and EDGE are Green-e certified renewable energy certified Energy or... 28.10.2025  23:00

• Nucor reports higher net income for third quarter Nucor Corporation reported consolidated net income of $607 million for the third quarter of 2025, compared to consolidated net income of $603 million for the second quarter of 2025 and $250 million for the third quarter of 2024.Consolidated Net Sales Nucor increased 1 percent to $8.52 million in... 28.10.2025  22:00