Metallurgy news
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The volume of construction in the euro zone decreased by 0.8 percent in June 2025 compared to May According to the first estimates published by the Eurostat, the statistical department of the European Union, in June of this year, seasonally adjusted production of the construction sector in the Member States of the European Union (EU-27) decreased by 0.5 percent and increased by 1.9 percent...
25.08.2025 17:00
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The utilization of base metal production facilities in Turkey decreased in August 2025 compared to July In August of this year, the capacity utilization rate in the Turkish base metal manufacturing industry was 73.7 percent, compared with the 74.6 percent recorded in the previous month, while the capacity utilization rate in the Turkish base metal manufacturing industry was 75.4 percent in August...
25.08.2025 17:00
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Top 10 global steel producers in July 2025 — Worldsteel data In July 2025, global steel production amounted to 150.126 million tons, which is -1.3% less than the results of July 2024. According to the Worldsteel Association, the top ten largest countries are:China — 79.660 million tons (-4% YoY)India — 14,000 million tons (+14%)USA — 7,142 million tons (+4.8...
25.08.2025 17:00
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Polish JSW extends a coal mining license in Borin until 2042 to ensure operations security Polish manufacturer of coal coal Jastrzębska Spółka Węglowa (JSW) announced a successful extension of the production license at the Borinyansky coal field until the end of 2042. This strategic step guarantees long-term access to critically important raw materials, strengthening the position of JSW ...
25.08.2025 16:00
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Saudi Arabia and Mauritania form strategic partnership to increase iron ore production According to media reports, Saudi Arabia and Mauritania are preparing to launch a strategic partnership in the field of iron ore mining aimed at expanding economic cooperation and increasing investment flows between the two countries. The initiative was agreed upon after a meeting in Mecca between...
25.08.2025 16:00
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Almost half of the SMZ minority shareholders agreed to buy back shares at a price of 9.6 thousand rubles apiece. Agreement on payments for the alienation of shares of JSC "Solikamsk Magnesium Plant&"(SMZ, Perm Krai) concluded more than 1.1 thousand minority shareholders, a representative of the Prosecutor General's Office of the Russian Federation said during the consideration of the cassation appeal in the...
25.08.2025 16:00
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The reserves of the main finished steel products in China increased by 5.0 percent in mid -August 2025 on August 20 of this year, the total internal reserves of the five main finished steel products in 21 large city of China amounted to 8.43 million tons, increasing by 5.0% compared to August 10, as announced by the Chinese Association of ferrous metallurgy (CISA). A medium -sized reinforcements...
25.08.2025 12:00
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The EU confirms that CBAM will be operational in January 2026, despite market rumors The European Federation of Steel, Pipes and Metals Distribution and Trade (EUROMETAL) has confirmed that the Carbon Boundary Adjustment Mechanism (CBAM) will enter into force on January 1, 2026, in accordance with the original legislation.This announcement follows EUROMETAL's request for urgent...
25.08.2025 12:00
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Indian steel transitions from the furnace oil to the Spherega The Tata Steel limited limited Indian plant, located in Gopalpur in the eastern state of Odisha, successfully moved from the use of oil for the furnace to thinner gas (LNG) for its energy needs, the company's statement said on Monday. Said. The transition follows the agreement between the Tata...
25.08.2025 11:00
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BMW Indian industry to invest 92 million USD. Indian steel manufacturer BMW Industries Limited is investing approximately 92 million. USD. USA in the amount of 0.5 million. Tons per year of capacity in the eastern state of Jharkhand, the company said in a statement on Monday, August 25.. According to him.. The industry currently produces...
25.08.2025 11:00
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