Metallurgy news

• TMK's net profit fell by 51% in 9 months According to the results of January-September 2025, the net profit of the Pipe Metallurgical Company (TMK) according to RAS decreased by 51.4% - to 13.8 billion rubles against 28.4 billion rubles a year earlier.The company's revenue decreased by 16.7%, reaching 272.83 billion rubles, gross profit... 07.11.2025  12:00

• Metallurgists in Germany on the verge of bankruptcy The price of electricity has become a matter of life and death for the German steel industry. The paradox is that without cheap "green" energy, steelmakers cannot switch to environmentally friendly technologies to meet EU climate requirements. This vicious circle threatens to destroy... 07.11.2025  12:00

• The volume of freight traffic on the Chinese Daqin Railway in January-October 2025 decreased by 0.7 percent China's Daqin Railway freight volume was 318.38 million tons in January-October this year, down 0.7 percent year-on-year.In October alone, Daqin Railway freight volume was 32.51 million tons, indicating a year-on-year decline of 4.7 percent.... 07.11.2025  10:00

• Iron ore imports to China increased by 0.7 percent in January-October 2025 According to the latest data released by the General Administration of Customs of China (GACC), between January and October this year, China's iron ore imports totaled 1.028886 billion tons, up 0.7 percent year-on-year.In October alone, China's iron ore imports totaled 111.309 million tons, up 7.2... 07.11.2025  09:00

• Steel exports from China decreased by 6.5% in October and increased by 6.6% in January-October 2025 According to the latest data released by the General Administration of Customs of China (GACC), in the period from January to October of this year, exports of finished steel from China amounted to 97.337 million tons, which is 6.6 percent more than last year.In October, exports of finished steel... 07.11.2025  09:00

• Simec's net profit dropped sharply Mexican long-roll manufacturer Simec reported a net profit of 459 million Mexican pesos (US$24.7 million) for the third quarter of 2025, compared with a net profit of 3.152 billion Mexican pesos generated in the third quarter of 2024.In comparison, net sales decreased by 12 percent to 7,485 billion... 07.11.2025  08:00

• Uralvagonzavod cuts 10% of staff At the same time, Kazakhstan will buy 300 locomotives and 3,000 units of agricultural machinery from the United StatesThe American John Deere company will assemble at least 3 thousand units of agricultural machinery in Kazakhstan, the deal value will amount to 2.5 billionPoor prospects for the... 07.11.2025  08:00

• CSN reported net profit in the third quarter of 2025 Brazilian steel and iron ore producer Companhia Siderúrgica Nacional (CSN) reported a net profit of 76 million reais ($14.26 million) for the third quarter of 2025, compared with a net loss of 731.6 million reais for the third quarter of 2024. This is the company's first quarterly net profit in ... 07.11.2025  07:00

• Brazil's pig iron exports increased sharply in October Brazilian pig iron exports reached 460,100 tons in October against 295,300 tons in September, according to the SECEX foreign trade agency.The main reason for the increase in volume is that shipments to the United States increased by 53 percent.  The destinations in October were the United States ... 07.11.2025  07:00

• Trump has reached an agreement with Central Asia on the supply of rare earth metals (REM) Trump announced his intention to diversify purchases of critically important minerals during a meeting with the leaders of five Central Asian countries. At a dinner at the White House with the participation of the heads of Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan and Turkmenistan, Trump... 07.11.2025  07:00