Metallurgy news
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India's GPIL begins production at new pelletizing plant India's Godavari Power and Ispat limited (GPIL) has commenced production at its new two million tonne iron ore pellet plant in the central state of Chhattisgarh, the company said in a statement on Wednesday, December 10.With the start of production at the new plant, GPIL's total annual pellet...
10.12.2025 10:00
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Retail car sales in India by all categories increased by 2% in November 2025 Car sales in India, indicated by new registrations of all categories, were tentatively estimated at 3.3 million units in November 2025, an increase of 2.14 percent year-on-year, according to data released by the Federation of Indian Automobile Dealers (FADA) on Wednesday, December 10.However,...
10.12.2025 10:00
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Inventories of key finished steel products in China fell by 4.4% at the end of November 2025. China's headline producer price index fell 2.2 percent year-on-year in November, while it rose 0.1 percent month-on-month. Also in November, Chinese industrial producer prices fell 2.5 percent year-on-year and rose 0.1 percent from October this year.Between January and November this year, China's...
10.12.2025 09:00
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The Chinese steel industry producer price index decreased by 7.9 percent in January-November 2025. In November of this year, the producer price index (PPI) in the ferrous metals smelting and rolling sector in China decreased by 5.2 percent year-on-year, 0.7 percentage points faster than the rate of decline recorded in October, although it decreased by 0.5 percent month-on-month, according to...
10.12.2025 09:00
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India's JSW Steel expects a 5% increase in steel production in November 2025 Indian company JSW Steel Limited achieved crude steel production of 2.439 million tons in November 2025, which is five percent more than in the corresponding month of the previous year, according to the company's statement on Tuesday, December 9.The company reported crude steel output of 2.361...
09.12.2025 18:00
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SAIL's IISCO plant handed over the BF project to the Danieli Corus consortium, marking the start of the expansion Indian state-owned steelmaker Steel Authority of India limited's (SAIL) IISCO steel plant has awarded a contract to build its first blast furnace (BF) to a consortium led by Daniel Corus, marking the start of a $5.08 billion modernization project, the company said in a statement on Tuesday,...
09.12.2025 17:00
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New Horizons Expert Group: CBAM will affect global demand for scrap At the second session of the 20th SteelOrbis Conference "New Horizons in Steel Markets", held on Tuesday, December 9, in Istanbul, during a panel discussion moderated by Aycha Ozbai, global ferrous scrap market Analyst at SteelOrbis, the panelists commented on the current situation in the scrap...
09.12.2025 17:00
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Ilva commissioners demand damages from ArcelorMittal in the amount of 5 billion euros Special commissioners of the former Ilva factories, now Acciaierie d'Italia (ADI), located in Taranto in southern Italy, plan to file a lawsuit against ArcelorMittal in order to receive compensation in the amount of 5 billion euros. This step was announced by Italian Minister of Enterprises and...
09.12.2025 16:00
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Hyundai Steel announces investments in scrap metal worth 116 million dollars South Korean steel manufacturer Hyundai Steel has announced plans to invest 170 billion won ($116.83 million) by 2032 to expand its low-carbon production capacity, with a focus on high-quality steel scrap recycling. The initiative includes the construction of a new crushing plant and the...
09.12.2025 16:00
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Anyl Akalin: Steel sector faces greatest exposure to CBAM as EU phases out free distribution At the 20th SteelOrbis Conference, New Horizons in Steel Markets, held on Tuesday 9 December in Istanbul, Anil Akalin from UK consultancy Redshaw Advisors presented an in-depth overview of the EU Carbon Border Mechanism (CBAM) and its implications for industrial exporters, particularly in the steel...
09.12.2025 15:00
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