Metallurgy news

• Over the past two years, the share of gold in global investment assets has grown from 4% to 6%, the highest in almost forty years, since 1986. For comparison, during the gold boom of 1980, the share of gold reached 22% of all global assets - then, against the background of the dollar crisis and oil shocks, gold seemed to be the only safe haven. By 2000, when globalization was in full swing, this figure had dropped to 1% - the world... 23.10.2025  08:00

• Brazil needs more gas distribution pipelines According to a report by the Brazilian public energy research company (EPE), the country needs at least eight gas pipeline projects totaling 2,300 kilometers, requiring investments estimated at $5.1 billion. Such pipelines are needed to transport gas to central Brazil, since the current pipeline... 23.10.2025  06:00

• Kept and the Association of RM and REM are joining forces to develop the Russian rare earth metals industry As part of the International Industrial Exhibition INNOPROM-2025, an official ceremony was held to sign an agreement on cooperation between the auditing and consulting company Kept and the Association of Producers and Consumers of Rare and Rare Earth Metals. The agreement provides for cooperation... 23.10.2025  02:00

• South Africa detects dumping on imports of corrosion-resistant sheet metal from China and suspends provisional duties The International Trade Administration Commission (ITAC) of South Africa has announced the preliminary results of an investigation into anti-dumping duty (AD) on imports of corrosion-resistant steel sheets from China.The investigation was launched on March 20, 2025 at the request of domestic... 22.10.2025  20:00

• Vale production increased in the third quarter of 2025 Brazilian mining company Vale produced 94.403 million tons of iron ore in the third quarter of 2025, which is 3.8 percent more than in the third quarter of 2024. In comparative terms, pellet production decreased by 22.8 percent to 7.997 million tons.According to the company, iron ore production... 22.10.2025  20:00

• Steel Dynamics, Inc. reports an increase in net profit for the third quarter Steel Dynamics, Inc. announced financial results for the third quarter of 2025, including net sales of $4.8 billion and net income of $404 million.For comparison, the company's second quarter 2025 net income was $299 million and net income in the prior year's third quarter was $318 million.In a... 22.10.2025  19:00

• The Italian company ABS will begin construction of a hybrid digital green plant with low emissions Acciaierie Bertoli Safau (ABS), the steel division of the Danieli Group, is preparing to begin construction work for its new hybrid digital green plant at the company's site in Cargnacco (Udine). Construction is scheduled to begin in early 2026, marking the concrete start of one of the group's most... 22.10.2025  19:00

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• Turkey exceeds the EU quotas for the import of HRC and coated sheets for the 4th quarter, the quota for fittings is almost full As of today, October 22, Turkey has exceeded the import quotas allocated for some products, while it has almost exhausted its quotas for rebar and large welded pipes (25B), according to the latest data from the European Commission. In addition, more than 60 percent of quotas for some types of steel... 22.10.2025  18:00

• Turkish company Kardemir sells €14 million worth of rails to its local market Turkish integrated manufacturer of long steel Kardemir Karabük Demir Çelik Sanayi ve Ticaret A.Ş. (Kardemir) announced in a statement to the Turkish Public Disclosure Platform (KAP) that it has sold €14,564,000 worth of rails inclusive of VAT for use in domestic rail projects.As previously reported ... 22.10.2025  17:00