Metallurgy news

• Lead imports to Ukraine increased 9-fold, exports decreased by 14% In January-August 2025, imports of lead and lead products increased 9.1 times to $5.58 million (in August – $859 thousand).At the same time, exports decreased by 13.7% to $6.313 million (in August – $832 thousand).Lead is currently used mainly in the production of lead-acid batteries for the aut... 11.09.2025  13:00

• Openai has concluded a gigantic contract with Oracle for 300 billion for cloud computing for a period of about 5 years - reports Wall Street Journal This is one of the largest contracts for cloud computing in history. Infrastructure expenses for AI continue to grow with record pace, despite the fears of the “overheating” of the market. The scale of the transaction: - Openai will require 4.5 gigavatt of power - this is more than two gou... 11.09.2025  08:00

• White Cap acquires two companies in Texas and Florida White CAP, the leading distributor for construction and safety supplies in the United States, announced the acquisition of two companies, strengthening the supply of steel in Texas and Stuart construction products in Florida. This will expand the manufacturing portfolio and concrete accessories.... 11.09.2025  01:00

• Export of heavy plates from Brazil decreases sharply in August Brazil exported 7,230 tons of heavy plates in August against 30,800 million MT in July, according to Siscomex. The decrease does not reflect the export in the USA in August, when there were imports of import tax, compared with 17,700 million tons in July. $ 901/MT) and Trinidad and Tobago (49... 11.09.2025  00:00

• CSN sells its USMINAS shares to react confidence The Brazilian manufacturer of steel, usiminas, told the market that the reacting trust investors acquired part of their joint-stock capital belonging to the Brazilian manufacturer of steel and iron ore, Companhia Siderórgica Nacional-CSN. Promotions equivalent to approximately $ 30 million. ... 10.09.2025  20:00

• Ernst & Young: The costs of the green hydrogen of India to obtain steel by 2030. The cost of the production of green hydrogen for the manufacture of steel in India is currently almost double the cost of traditional methods, but, according to the new report, Ernst & Young (EY) of India, it is predicted that prices will fall half by 2030. The decrease will be due to the economy... 10.09.2025  19:00

• TOFAş and Stellantis Sign Production Agreement The new production agreement signed between the Turkish automobile manufacturer Tofaş and the Italian automaker Stellantis Europe S.P.A marks a significant step for the Turkish automotive industry.Under the new course, Tofa will produce light commercial and combined versions of the model and ... 10.09.2025  19:00

• Malaysian fortress Minerals to supply 1.2 million WMT iron ore to local steel steel Malaysia Miner Fortress Minerals limited announced that her auxiliary fortress PTE resources. Ltd. (FRPL) signed two new agreements on the supply of iron ore with an unsolved third -party steel manufacturer. within the framework of the agreement, during the period between September 1, 2025 and... 10.09.2025  18:00

• Guinea hires Rio Tinto and Baowu to create processing for the Simandou Project The government of Guinea has forced developers, including Rio Tinto and China Bauw, to go beyond exporting raw ore by setting up domestic refineries and toll plants, according to media reports. The policy is aimed at strengthening local industrialization, creating jobs and gaining more value from... 10.09.2025  18:00

• Steel production at CISA* plants at the end of August amounted to 1.95 million tons, which is 7.9% less than in the previous month. Local steel reserves decreased by 4.4% during the reporting period, but increased by 3% year-on-yearAccording to the data from the beginning of the year (to August 31), the dynamics of production remained slightly positive (1% yoy). Meanwhile, according to official NBS data, steel production... 10.09.2025  18:00