Metallurgy news

• Prices for steel in Russia fell again and updated the annual minimum “Such a dynamics of prices coincides with our expectations and again emphasizes that the“ cyclic bottom ”in the Russian steel industry has not yet been passed. We believe that by October, the quotes of metal rolling can lose even 5%, which is especially negative for Severstal and MMK: both compa... 09.09.2025  18:00

• In August, the production of cast iron increased to 747.5 thousand tons Ukrainian metallurgical enterprises in January-August 2025 increased the production of cast iron by 8% compared to the same period last year-up to 5.109 million tons. according to Ukrmetallurgprom, in August the production of cast iron amounted to 747.5 thousand tons, while in July-621.1... 09.09.2025  17:00

• Ukraine reports an eight percent increase in pig iron production in January-August 2025 In August of this year, pig iron production in Ukraine totaled 747,500 tons, an increase of eight percent month-on-month and 16.1 percent year-on-year, according to data released by the Ukrainian Steel Association Ukrmetallurgprom.In this month, the country's pig iron production increased by 11.9... 09.09.2025  15:00

• Mobarakeh Steel has achieved a breakthrough with the first production of octagonal slabs in Iran According to local media reports, the Iranian sheet steel manufacturer Mobarakeh Steel Company (MSC) has taken a new step towards the development of Iran's steel industry for the first time and has successfully started mass production of octagonal slabs. This advanced product is expected to play a... 09.09.2025  15:00

• Indian Jindal Steel will probably reach 12 million tons of raw steel in the 2025-26 financial year Indian company Jindal Steel limited (earlier Jindal Steel & Power limited) will probably reach the volume of raw steel of 12 million tons in the 2025-26 financial year, said the chairman of the company Navin Dzhindal in his statement on Tuesday, September 9. “Our goal is to produce 12 million t... 09.09.2025  14:00

• The daily production volume of raw steel Hoa Phat will reach 40,000 tons to 4 quarter of 2025 The largest steel company in Vietnam Hoa Phat Group announced that in August 2025 it produced 953,000 tons of steel, an average of 31,800 tons per day. This is 34.0% more in annual calculus. Currently, the company expects to increase the daily production of steel to 40,000 tons from the fourth... 09.09.2025  13:00

• Thyssenkrupp Steel gets workers' approval for restructuring plan Thyssenkrupp Steel Europe, a subsidiary of German steel producer Thyssenkrupp Steel, has reached a critical milestone in its overhaul strategy. Workers voted to approve a radical restructuring plan, which is considered important for securing the company's future, although final implementation now... 09.09.2025  13:00

• Posco evaluates the potential acquisition of HMM, the decision has not yet been made The South Korean steel company Posco Holdings officially responded to media reports about its interest in acquiring the HMM shipping company. The company conducts a preliminary review to evaluate whether the acquisition of its long -term strategic purposes corresponds to it. according to media... 09.09.2025  12:00

• Turkish steelmakers are considering Tanzania to increase exports and enter the markets of sub-Saharan Africa The Turkish steel industry has stepped up its efforts to expand into Tanzania, which is increasingly seen as a strategic gateway to sub-Saharan Africa. As part of this campaign, 16 Turkish companies participated in the industry trade delegation program, meeting with their Tanzanian counterparts to... 09.09.2025  12:00

• New special bonds of China issued by local authorities. The new special bonds of China, issued by local authorities this year, amounted to 3.3822 trillion yuan (0.48 trillion US dollars), which amounted to 76.9 percent of the total target of 4.4 trillion yuan throughout the year, as reported in local financial media. issued by local authorities,... 09.09.2025  11:00