Metallurgy news
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European industry associations are calling for the early publication of ETS and CBAM indicators Six European industry associations, the European Cement Association (CEMBUREAU), the Association of European Ferroalloy Manufacturers (Euroalliance), the European Steel Association (EUROFER), the European Metals Association (Eurometaux), the European Aluminum Company and the European Fertilizer...
20.10.2025 17:00
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VNSteel sells 65 percent of shares in Vicasa Steel Vietnamese steelmaker Vietnam Steel Corporation (VNSteel) announced the completion of the sale of a 65 percent stake in its subsidiary Vicasa Steel (VCA) to a domestic investor, marking a significant step in its restructuring strategy.Details transactions and strategic rationaleThe transaction...
20.10.2025 16:00
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EU presents global climate and energy vision to strengthen clean transition partnership The European Union has published its Global Vision for Climate and Energy, presenting a roadmap to strengthen Europe's international role in advancing the transition to clean and sustainable energy. Based on a "Clean Industrial Agreement," the strategy outlines how the EU will combine industrial...
20.10.2025 16:00
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Registration of new cars in Turkey in September 2025 decreased by 8.7% compared to August According to the Turkish Statistical Institute (TUIK), in September this year, the number of new car registrations in Turkey decreased by 8.7 percent month-on-month and by 7.6 percent year-on-year to 196,338 units.A total of 80,390 new passenger cars were registered in September, a decrease of 15.3...
20.10.2025 15:00
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Crude steel production in Italy increased by 4.3 percent in September 2025 According to the latest data released by Federacciai, the Italian Federation of Steel Companies, Italian steel production totaled 1.9 million tons in September this year, up from 821,000 tons in August, up 4.3 percent year-on-year. In the period from January to September of this year, the...
20.10.2025 15:00
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Alchemy is partnering with Newcam to promote Bryah iron ore projects The Australian company Alchemy Resources Limited has announced that it has entered into a binding option agreement with local mining company Newcam Minerals Pty Ltd., under which Newcam can earn up to a 60 percent stake in Alchemy's iron ore mining assets in the Bryah basin in Western Australia,...
20.10.2025 14:00
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Tokyo Steel forecasts a 23% revenue decline in the first half of fiscal year 2025-26, lowering its profit forecast for the full year. Japanese company Tokyo Steel has announced interim consolidated financial results for the first half of the year ending September 30, 2025-26 fiscal year.In the quarter, the company reported a net profit of 4.57 billion yen ($30.37 million), compared with a net profit of 9.83 billion yen in the...
20.10.2025 14:00
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The Russian company olkon has completed key infrastructure work to increase iron ore production The Russian olenegorsk Mining and Processing Plant (olkon), part of the Russian metallurgists group Severstal, has completed the construction of new infrastructure at the Pechegubsky deposit, which became an important milestone in the long-term investment strategy to expand iron ore production...
20.10.2025 13:00
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A brief summary of Severstal's financial statements (for 9 months 2025 and Q3 2025 Sales of metal products: 5 % YoY 8,303 thousand tons. Revenue: -14 % YoY 543,328 million rubles (due to lower prices).EBITDA: -40% YoY 114,154 million rubles. EBITDA margin: 21% (-9 percentage points YoY).Q3 2025 vs Q3 2024 results:Cast iron production: 12 % YoY 2.69 million tons. Steel production:...
20.10.2025 13:00
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Industrial output in China's steel sector rose 5.7 percent in January-September 2025 In January-September this year, value-added industrial output in the ferrous smelting and rolling sector in China rose 5.7 percent year on year, China's National Bureau of Statistics (NBS) announced on October 20.In September alone, value-added industrial output in the smelting and rolling sector...
20.10.2025 12:00
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