Metallurgy news
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The German company Feralpi Stahl provides long-term energy supply from Axpo for EDP operations German steelmaker Feralpi Stahl has signed a long-term electricity supply contract with Swiss energy supplier Axpo to operate its electric arc furnace (EDP) at the Riese plant in Saxony.The full supply contract, which will enter into force in January 2026, is designed for peak loads exceeding 100...
02.12.2025 14:00
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UK Steel warns of scrap shortage as domestic EDP capacity expands and calls for strengthening scrap supply chain A new report from the UK-based UK Steel trade association and the circular steel subcommittee of the association warns that the UK is facing a critical shortage of scrap metal as the capacity of domestic electric arc furnaces (EDPS) increases.Although the UK produces about 10 million tons of steel...
02.12.2025 13:00
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Canadian Algoma Steel has issued 1,000 layoff notices The Canadian steel company Algoma Steel has initiated the layoff of approximately 1,000 workers at its Sault Ste plant. Marie's object. According to a company statement published in the Canadian press, the company attributed this decision to a combination of high tariffs in the United States and...
02.12.2025 13:00
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Concessions and government contracts: incentives, opportunities, and scenarios for infrastructure development Many copies have been broken in the dispute over which is more effective than PPP or government procurement, and it would seem that the advantages of both mechanisms are obvious. However, taking into account the trends towards increased control over budget spending and revision of plans for the...
02.12.2025 13:00
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Kazakhstan's Qarmet begins construction of new coke oven batteries Kazakh metallurgical company Qarmet has taken an important step in its modernization program with the start of construction of coke oven batteries No. 8 and 9, the company said in a press release. The pouring of the first foundation signals the transition from preparation to full-scale construction...
02.12.2025 12:00
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Industrial production growth in India fell to 0.4% in October, hitting a 14-month low. Industrial production growth in India, as measured by the Industrial Production Index (IIP), fell to 0.4 percent in October 2025, a 14-month low, according to data released by the Ministry of Program Implementation and Statistics on Tuesday, December 2.Production growth data in October compared...
02.12.2025 12:00
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Thyssenkrupp Steel reaches restructuring agreement with IG Metall, clearing final hurdles German steelmaker Thyssenkrupp Steel has announced a collective restructuring agreement with union IG Metall and employee representatives, marking a decisive breakthrough in the company's multi-year transformation program.The agreement covers the alignment of interests, a social plan and several...
02.12.2025 11:00
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Taiwan's CSC reports an operating loss for January-October 2025 China Steel Corporation (CSC), Taiwan's largest steelmaker, has announced preliminary financial results for the first 10 months of this year.In October, the company's sales of carbon steel amounted to 611,915 tons, while in January-October, sales of carbon steel amounted to 6.17 million tons.In...
02.12.2025 11:00
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On November 14, the Minex Mining Club held a panel discussion on financing major projects after 2022. • Andrey Melnikov (Russian Titan),• Igor Svintitsky (OERN),• Ekaterina Serebryannikova (VEB.RF),• Egor Kuleshov (CMT Consulting),• Roman Shchetinsky (GV Gold),• Denis Burdin (GKZ, CCR).The participants noted that project financing requires careful project preparation and audit reports from technical...
02.12.2025 11:00
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Average new home prices in 100 Chinese cities increased by 2.68% in November 2025 In November of this year, average new home prices in 100 major Chinese cities totaled 17,036 yuan/square meter ($2,408/sq.m.), an increase of 0.37 percent month-on-month, with an increase of 2.68 percent year-on-year, as announced by the CIA, the largest independent real estate research...
02.12.2025 10:00
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