Metallurgy news

• Mexico approves new tariff hike against China Mexican lawmakers have approved a bill imposing a wide range of new import tariffs on countries without a free trade agreement with Mexico, affecting more than 1,400 products, many of which come from China, according to local media reports. These measures were passed by the Mexican Senate on... 12.12.2025  18:00

• CAAM: Sales of new energy vehicles in China increased by 31.2 percent in January-November 2025 According to the Chinese Association of Automobile Manufacturers (CAAM), in the first 11 months of this year, the production and sales of new energy vehicles (NEV) in China amounted to 14.907 million units and 14.78 million units, which is 31.4 percent and 31.2 percent more than last year,... 12.12.2025  18:00

• OCBC supports Singapore's Green Esteel's $1.5 billion HBI project to boost low-carbon steel supplies Singapore-based banking and financial services group OCBC has announced an equity investment in the development of a hot briquetted iron (HBI) plant, which will form part of Southeast Asia's largest integrated low-carbon steel production complex. The investment is in Singapore-based Green Esteel... 12.12.2025  17:00

• China introduces new rules for steel exports According to the latest data released by the General Administration of Customs of China (GACC), in the period from January to November of this year, exports of finished steel from China amounted to 107.717 million tons, reaching a historic high, an increase of 6.7 percent year-on-year.Against this... 12.12.2025  17:00

• Thyssenkrupp returns to net profit in fiscal year 2024-2025 German steel company Thyssenkrupp announced its financial results for the 2024-25 financial year ended September 30.In this financial year, the company posted a net profit of 532 million euros, compared with a net loss of 1.45 billion euros recorded in the previous financial year, while its sales... 12.12.2025  16:00

• Jingjiang Yongjin Chinese company modernizes reverse cold rolling mill in Jiangsu Primetals Technologies, a British equipment manufacturer, announced that Jingjiang Yongjin Metal Technology, a Chinese stainless steel manufacturer, has completed the installation of a complete Level 1 and Level 2 automation system at its No. 3 20-roll reversible cold rolling mill located in... 12.12.2025  16:00

• Ukrainian Interpipe took up the development of new equipment and products Vitaly Sueta, director of products and resources at Ukrainian steel pipe and railway products manufacturer Interpipe, said the company continues to implement its long-term investment strategy despite wartime difficulties. Mr. Sueta emphasized that maintaining a position in the international market... 12.12.2025  15:00

• Two applications have been submitted for the acquisition of former Ilva plants in Taranto By the deadline set at midnight on December 11, two applications had been submitted for the acquisition of business units of the former Ilva plants in Taranto in southern Italy, according to a statement released on December 12 by the emergency commissioners of the Acciaierie d'Italia in Emergency... 12.12.2025  15:00

• Large mills in liaoning province are raising local rolled steel prices by 100 yuan per ton from January 2025. Chinese steel companies Anshan Iron and Steel, Benxi Iron and Steel (Bengang) and Ansteel Group lingyuan Iron and Steel Co., Ltd. (lingyuan Steel) of liaoning Province has published prices for steel products for delivery in January next year.The three manufacturers have decided to raise their local... 12.12.2025  14:00

• Cor: The EU's economic independence depends on a strong steel industry At a meeting on December 11, members of the European Committee of the Regions (CoR) adopted an official opinion on the Steel and Metals Action Plan, which outlines the urgent measures needed to protect Europe's industrial base in the face of rising prices, global competition and a green... 12.12.2025  14:00