Metallurgy news

• The Greek company Sovel invests in a new line of Danieli spoolers to increase the capacity of the valve coil The Greek steel company Sovel, part of the Spanish steel manufacturer Sidenor Group, has ordered a new line of spool valves for its Almyros micro milling cutter in Greece from the Italian manufacturer Danieli. After commissioning, the upgraded line will allow the production of compact, non-twisted... 24.10.2025  13:00

• China's core finished steel product inventories fell 1.1 percent in mid-October 2025 As of October 20 this year, the total domestic inventories of five major finished steel products in China's 21 major cities totaled 9.36 million tons, down 100,000 tons, or 1.1 percent, from October 10, the China Iron and Steel Industry Association (CISA) announced.Specifically, as of October 20,... 24.10.2025  11:00

• U. S. Federal government Shutdown causes Delays to Construction Projects across the Country On October 1, 2025, the U.S. federal government announced a work stoppage after Congress failed to pass an appropriations bill for fiscal year 2026. The shutdown, triggered by partisan disputes over the level of federal spending, cuts in foreign aid, and subsidies for health insurance, which caused... 24.10.2025  11:00

• We present the next review of price dynamics for basic goods in the metallurgy and mining sector for September 2025 Most of the raw materials of the mining and metallurgical industry finished the month in positive territory. The impetus for the rise in prices for key metals was the expected reduction in the US Federal Reserve interest rate in September. At the same time, the events of early October - the... 24.10.2025  11:00

• Daily steel production at CISA plants fell 0.9% in mid-October 2025, inventories rose 4.4%  The China Iron and Steel Association (CISA) announced that in mid-October (October 11-20) this year, the average cumulative daily crude steel output of large and medium-sized steel mills in China - all CISA members - was 2.014 million tons, down 0.9 percent from early October (October 1-10) this... 24.10.2025  10:00

• NBS: In mid-October 2025, local Chinese rebar prices fell by 2.3 percent In mid-October (October 11-20) of this year, the average price in China for 20 mm HRB 400E fittings decreased by 73.6 yuan/ton (10.4 US dollars/ton) or 2.3 percent and amounted to 3 110.5 yuan/ton (438 US dollars/ton) compared to the price in early October (October 1-10). as announced by the... 24.10.2025  10:00

• The National Industrial Forum will bring together leaders of the real sector of the economy in Moscow On December 11, 2025, an event will take place in Moscow that will set a new vector for the entire domestic industry - the National Industrial Forum.The Forum focuses on strengthening cooperation, searching for new forms of partnership and determining the vector of technological development of... 24.10.2025  09:00

• New fuel American lightbridge has completed loading prototypes of its own metal fuel into the experimental module For irradiation in the ATR research reactor. This is one of the final stages of preparation for practical tests, the results of which will become the basis for licensing the technology and entering the market.The new fuel is made of an alloy of uranium and zirconium and has increased thermal... 24.10.2025  08:00

• CSN fined for refusing to sell Usiminas shares in Brazil Brazilian competition authority CADE fined steel and iron ore producer CSN US$23.4 million for years of delay after it ordered the sale of its shares in steel producer Usiminas.The situation arose in 2011 when CSN decided to take control of Usiminas through a controversial strategy to acquire 16... 24.10.2025  00:00

• Sales of Brazilian distributors of rolled products increased in September Sales of flat rolled steel by Brazilian distributors reached 361,700 tons in September, up from 337,400 tons in August, according to industry institute INDA.On a comparative basis, INDA-related distribution chain acquisitions increased by 9.9 percent to 360,000 tons, while inventory levels... 24.10.2025  00:00