Metallurgy news

• The EU Council approves tax incentives for the promotion of clean technologies and industry The Council of the European Union has announced that it has officially adopted conclusions approving the use of tax incentives to promote a Clean Industrial Deal, the main framework aimed at harmonizing industrial decarbonization, the introduction of clean technologies and competitiveness in the... 15.10.2025  13:00

• China's steel industry PPI fell 8.6 percent in January-September 2025 China's producer price index (PPI) for its ferrous smelting and rolling sector fell 0.6 percent year on year in September this year, 4.6 percentage points slower than the rate of decline recorded in August, while increasing 0.2 percent month on month, according to data released by the National... 15.10.2025  12:00

• Daily crude steel production at CISA plants increased by 7.5% in early October 2025, stocks also increased The Chinese Association of Ferrous Metallurgy (CISA) reported that in early October (October 1-10) of this year, the average daily volume of crude steel production by large and medium-sized steel enterprises in China - all CISA members - amounted to 2.032 million tons, which is 7.5 percent more... 15.10.2025  12:00

• CAAM: Auto sales in China grew by 12.9 percent in January-September 2025 Between January and September this year, China's automobile vehicle production and sales totaled 24.333 million units and 24.363 million units, up 13.3 percent and 12.9 percent year on year, respectively, 0.6 percentage points and 0.3 percentage points faster than the growth recorded in the first... 15.10.2025  11:00

• Indian company JSL launches stainless steel dump trailers for salt transportation Indian company Jindal Sustainable Limited has launched a new range of stainless steel salt dump trailers to address long-standing issues related to corrosion and the need for thorough maintenance during salt transportation, the company said in a statement on Wednesday, October 15.The company said... 15.10.2025  11:00

• U.S. Rig Count Declines, Canadian Rig Count Increases - Week 42 of 2025 Baker Hughes reported that for the week ended October 10, 2025, the number of rotary drilling rigs in the United States decreased by 2 to 547.The number of gas production rigs increased by 2 to 120, and the number of oil production rigs decreased by 4 to 427. Total number of drilling rigs in the... 15.10.2025  00:00

• The production of untreated steel in the United States decreased by 1.5 percent in the 42nd week of 2025. According to the American Institute of Iron and Steel (AISI), for the week ending October 11, 2025, domestic production of raw steel in the United States amounted to 1.722 million net tons, and the capacity utilization rate was 76.0 percent.Production for the week ending October 11, 2025 decreased... 15.10.2025  00:00

• Stegra launches new round of financing for development of green steel plant in Boden Swedish company Stegra has announced a new round of financing to support the construction of the world's first large-scale green steel plant in Boden, Sweden, following strong commitments from existing investors.Renewed support from founders and leading investors, according to Henrik Henriksson,... 14.10.2025  19:00

• Spain has approved subsidies of 600 million euros to offset the cost of carbon emissions in electricity-intensive industries The Spanish Ministry of Industry and Tourism has announced that it has approved a preliminary resolution to provide subsidies of 600 million euros to help electricity-intensive industries offset the indirect costs of carbon emissions.This measure is aimed at supporting energy-intensive companies at... 14.10.2025  19:00

• Global steel demand will stabilize in 2025 and grow in 2026 – forecast Global steel demand in 2025 will remain at the level of the previous year - about 1.748 billion tons, after a decline of 1.6% in 2024. Such data are presented in the short-term forecast of the World Range Outlook (SRO).In 2026, demand will increase by 1.3%, to 1.772 billion tons, which will help... 14.10.2025  19:00