Metallurgy news

• Silvan Rolls collaborates with Vesuvius and Demora for a steel production project at a mini-factory in Turkey The Global Fire Material Leader Vesuvius Group announced a strategic partnership with the Turkish steel company Silvan Rolls, which is an important step for the Silvan mini-factory project in Karabyuk, Türkiye. Project volume and details Equipment Silvan mini-zero is developed using modern ... 10.09.2025  12:00

• Freeport has temporarily suspended operations at the Grasberg mine in Indonesia after an underground incident involving a wet rock flow. Which blocked key access roads, according to a company press release. Rescue operations are currently underway. Grasberg is one of the world's largest copper and gold mines, accounting for about 4% of the world's copper output. In our opinion, even a short-term disruption of the facility could... 10.09.2025  12:00

• India Government working on 30% export tax on low iron ore The Indian government is working on the introduction of a 30 percent export tax on an iron ore with a low degree until October of this year, government sources reported on Wednesday, September 10. This is aimed at contributing to the addition of internal value in iron ore and an increase in... 10.09.2025  11:00

• Turkey's harvest increased by 61.6 percent in January 2025. In July of this year, Turkey's imports of billets and flowers totaled 453,113 metric tons, up 9.7 percent from June and 73.4 percent annually, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these imports amounted to 222.26... 10.09.2025  11:00

• Chinese steel industry PPI decreased by 9.5 percent in January-August 2025. In August of this year, the Chinese manufacturers (PPI) price for its iron smelting sector decreased by 4.0 percent per year, by 6.0 percentage points more slowly compared with the reduction in the pace registered in July, while within 1.9 percent per month, according to the data published by the... 10.09.2025  10:00

• Hunan Steel Group's gross profit increased by 1.97 percent in H1 2025 Hunan Iron and Steel Group (Hunan Steel Group), a Chinese steel manufacturer based in Hunan Province, announced that in the first six months of this year, it recorded annual operating income, while it generated gross profit of 5.18 billion yuan in the period, up 1.97 percent year-on-year. The... 10.09.2025  10:00

• Rare metals of Russia: the path to independence by 2030 The Ministry of Industry and Trade of the Russian Federation revealed ambitious plans for the development of the extraction of rare and rare earth metals (RES), which should save the country from import dependence by the end of the decade. Fedroekt “Development of the industry of rare and rare e... 10.09.2025  09:00

• According to him, it is the most vulnerable players (with high debt load, a weak export position, dependence on domestic markets) receive Direct benefits from the moratorium. At the same time, the expert adds, the effectiveness of the measure will be higher if support is aimed at preserving industries and jobs, and not at subsidizing ineffective business models. Associate Professor of the Department of Economics Misis Abdulov... 10.09.2025  08:00

• Mechel will be given more stability A moratorium may be imposed on the bankruptcy of metallurgical companies.As Kommersant has learned, the discussed list of measures to support metallurgists includes a moratorium on bankruptcy of industry enterprises. The initiative may be focused primarily on Mechel (MOEX: MTLR), which has a debt... 10.09.2025  08:00

• The Turkish HRC Import increased by 3.5 percent in January-July 2025 In July of this year, the import of a hot coil of Turkey amounted to 411,367 metric tons, which is 42.6 percent compared to June and 163.3 percent per year, in accordance with the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, The Value of these Imports Totaled $... 09.09.2025  21:00