Metallurgy news

• Sumitomo and Itochu-Maryubeni will combine units for the distribution of sheet steel by October 2025 Japanese Sumitomo Corporation Global Metals (SCGM) and ITOCHU-MARUBENI STEEL announced the merger of their distribution operations in flat steel. Integration will unite their joint enterprises Mazda Steel and Benichu Summit Coil Center, which specialize in storage, processing and distribution of... 02.09.2025  12:00

• Fenix Resources secures 30-year iron ore mining rights for the Weld Range project Australian mining company Fenix Resources Ltd has announced the signing of a binding mining rights agreement with Sinosteel Midwest Corporation Limited (SMC), a subsidiary of China Baowu Steel Group, granting Fenix an exclusive 30-year right to extract and export iron ore from the Weld Range... 02.09.2025  12:00

• Average new home prices in 100 Chinese cities rose 0.2% in August from July 2025. In August of this year, average new home prices in 100 major Chinese cities totaled 16,910 yuan/square meter ($2,382/square meter), up 0.2 percent per month, while increasing 2.73 percent per year, according to the CIA, the largest independent independent real estate research organizations in... 02.09.2025  11:00

• MSSSL in India is planning a special steel production facility at Greenfield in Karnataka. India's Mukand Sumi Special Steel Limited (MSSSL), a joint venture between Bajaj Group and Japan's Sumitomo Corporation, will build an integrated special steel production facility, attracting investments of about 266.20 million. USD. The United States to the southern state of Karnataka, the company... 02.09.2025  11:00

• OMK, TMK and Severstal will be the beneficiaries of this new pipe project. Gazprom Complete Set LLC purchased 564 thousand tons of large diameter pipes in 2018-2021 OMK's Vyksa Metallurgical Plant received lots for 15 billion rubles (23% of the total purchase price), Chelyabinsk Pipe Rolling Plant (ChelPipe) - for 13 billion rubles (20%), Pipe Innovative Technologies LLC (liquidated) - 25 billion rubles and Izhorsky Pipe Plant Severstal - 11 billion rubles... 02.09.2025  11:00

• Indian NMDC limited sees that iron ore production is growing by 10 percent in August 2025. The State Miner NMDC NMDC limited reached 3.37 million tons in August 2025, which is 9.8 percent compared to the corresponding month of the previous year, according to the company on Tuesday September 2. 2025-26, the company reached the cumulative production of iron ore of 18.45 million tons,... 02.09.2025  10:00

• India's BC Jindal Group to invest $2 billion in construction of new Greenfield steel plant in Odisha India's BC Jindal Group will invest approximately $2 billion to build a new Greenfield Nowerstream steel plant in the eastern coastal state of Odisha, the company said in a statement on Friday, August 9. The proposed project will focus on creating value-added steel products, in line with both... 02.09.2025  10:00

• For experienced specialists in the planning of mining in GGIS for an enterprise for the extraction of zinc ores in Kazakhstan. Search for the creation of the main miner service • The shift method is 30/30, a relocation with housing lease compensation • Experience in GGIS (Deswik is a priority, Datamine or analogues). It is supposed to corporate advanced training in the DESWIK (CAD, SO, IS, Sched) • Experience in mining planning (month, year) in mining enterprises, und... 02.09.2025  09:00

• The government is preparing measures to support the metallurgical industry The list of measures to support metallurgists faced with weak demand and low prices may include an increase in export duties on scrap and mitigation of the burden of excise duty on liquid steel. Market participants are asking for the freezing of railway tariffs to be added to the package of... 02.09.2025  09:00

• Precious Metals Review from Heraeus Impact on gold: Intervention could lead to higher inflation, which is potentially beneficial for the gold price in the long run.Silver (page 3)Demand from the photovoltaic industry: Good news for demand from the photovoltaic industry, but changes in Chinese regulations may lead to a reduction in... 02.09.2025  09:00