Metallurgy news
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The Indian government creates an advisory committee to initiate reforms aimed at increasing iron ore production. The Indian government has created an advisory committee that recommends reforms that will increase the production of iron ore on internal ore to maintain its goal of reaching 300 million tons of steel production by 2030, government officials said on Friday, September 5. The Ministry of Trade and...
05.09.2025 18:00
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IREPAS: unsatisfactory prospects for the global LONGS market amid Asian pressure The global market for long steel products is facing serious challenges. Demand remains weak, and competition is intensifying in all regions. Mills is struggling to maintain operations and profitability, often resorting to production cuts. Protectionist measures are still being implemented, while...
05.09.2025 18:00
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Metalloinvest invested in repair more than 50 billion rubles in 2025 Российский производитель железной руды и горячего брикетированного чугуна «Металлоинвест» объявил о рекордных инвестициях в обслуживание и ремонт производственного оборудования в размере более 50 млрд РУБЛЕЙ в 2025 году. The program, the largest in the history of the company, is designed to ensure t...
05.09.2025 15:00
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The Turkish steel industry calls for urgent measures against dumping imports The production of steel in Turkey with a volume of 60 million tons entered a risky period due to the threat of dumping imports. Weisel Yayan, Secretary General of the Association of Manufacturers became Turkey (Tcud), Khaluk Kayabashi, Chairman of the Executive Council Kibar Holding, and Ugur ...
05.09.2025 14:00
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ArcelorMittal to test electric heating and thermal energy storage technology in steelmaking Luxembourg-based steel giant ArcelorMittal has announced that it has invested in the American company Electrified Thermal Solutions (ETS) through its XCarb® innovation fund, launched in 2021 to support breakthrough steel decarbonization technologies.Joule Hive™ Thermal battery in steelmakingETS has ...
05.09.2025 14:00
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The export of Katanka from Turkey in January-July 2025 increased by 1.2% According to preliminary data provided by the Turkish Statistical Institute (TUIK), in July this year, the export of Katanka from Turkey amounted to 50,673 metric tons, which is 55.8 percent less than June and 15.1 percent more compared to the same period last year. Meanwhile, the revenue from...
05.09.2025 13:00
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Turkey's Akay Grup has applied for debt restructuring According to a notice published by the Turkish Press Advertising Institute, the Turkish steel mill Akay Grup Peyzaj Metal Inşaat Sanayi ve Ticaret Limited Şirketi has applied to the Bursa Commercial Court of First Instance for debt restructuring due to its financial difficulties.The court granted t...
05.09.2025 13:00
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Vale resumes the extraction of giant iron ore in Brazil Vale Brazilian mining company again opened the Capanema mine located in the southeastern state of Minas-Direas. The operation is part of the Mariana complex and can add up to 15 million tons of iron ore per year to the production of the company. 2025. The mine was part of the Minas da Serra...
05.09.2025 12:00
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Hebei Steel Sector PMI dropped to 55.5% in August 2025 In August of this year, the purchasing Managers' Index (PMI) of the steel sector in China's Hebei Province dropped to 55.5%, down 1.5 percentage points from the previous month, as announced by the Hebei Steel Industry Association (MIA). In a given month, the PMI trend for the steel sector in Hebei...
05.09.2025 12:00
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MOC: The average reinforcement price in China decreased by 0.3 percent in August 25-31, 2025 China's Ministry of Commerce (MOC) HAS Announced that During The August 25-31 Period This the Average Finished Steel Price In China Edged Down Slightly. in the given period, The Average Price of Rebar, Hot Rolled Steel Strip and High-Speed Wire Rod Decreased BY 0.3 Percent, 0.3 Perration and 0...
05.09.2025 11:00
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