Metallurgy news

• A good signal for Norilsk Nickel? U.S. passenger car sales fell 5% year-on-year in October, a reversal from a 6% rise in September. The negative performance is mainly due to the electric vehicle segment as some key subsidies have expired. Overall sales are also 8% below pre-Covid (2019) levels.New US budget legislation eliminated... 14.11.2025  08:00

• The Simandou project in Guinea has begun operations with a phased increase to 120 million tons per year, according to a press release from Rio Tinto The company has begun the first shipments of iron ore from the project, with production ramp-up expected to last approximately 30 months. At full capacity, the mine will account for approximately 7% of global seaborne supply, in market terms.In our view, if Simandhu's production ramp-up goes on... 14.11.2025  07:00

• Lithium prices are coming up South Korea's POSCO is investing $817 million to acquire lithium assets in Australia and Argentina.The investment will allow POSCO to produce 270,000 tons of lithium concentrate annually from the Vodgina and Mount Marion mines operated by Mineral Resources in Western Australia.The South Korean... 14.11.2025  07:00

• Europe's dreams of commodity independence in terms of critical metals are crumbling The Australian-British concern Rio Tinto has mothballed its Jadar lithium project in Serbia, which caused many protests due to the environment. The project was estimated at 2.95 billion.Rio's management announced earlier this week that the project would be put into a "care and maintenance" mode as... 14.11.2025  07:00

• El Mutun Steel Complex starts steel production in Bolivia The Bolivian El Mutun Steel Complex has completed testing at all of its seven plants and has begun production of rebar and wire rod.Jorge Alvarado Rivas, CEO of El Mutan, announced that after successful testing, the complex is ready to supply continuous production to the local market.The El Mutun... 13.11.2025  18:00

• Nickel imports to Ukraine decreased to $21 million In the first ten months of 2025, imports of nickel and its products decreased by 4.8% to $21.05 million, while in October, nickel was imported by $3.81 million, according to the State Customs Service.At the same time, exports almost doubled to $1.13 million against $0.57 million in 2024.In 2024,... 13.11.2025  18:00

• The total volume of steel exports from Ukraine in January-October 2025 decreased by 9.9% In January-October of this year, the total volume of steel production in Ukraine amounted to 5.38 million tons compared to 5.26 million for the same period in 2024, according to the Ukrainian Steel Association Ukrmetallurgprom. 3.32 million tons or 61.7 percent of total steel production were... 13.11.2025  16:00

• In September 2025, shipments of HRP and HRS in Japan increased by 8.3 percent compared to August. In September of this year, shipments of hot-rolled sheets and sheets in Japan increased by 8.3 percent from the previous month and decreased by 7.6 percent from the 706,688 tons recorded in the same month of 2024, totaling 653,103 metric tons, according to the Japan Federation of Ferrous Metallurgy... 13.11.2025  16:00

• ArcelorMittal South Africa stops exclusive negotiations with IDC due to lack of a deal South African steel producer ArcelorMittal South Africa Ltd (AMSA) has terminated exclusive negotiations with the National Institute of Development Finance Industrial Development Corporation of South Africa (IDC) regarding a potential sale or restructuring of its operations without reaching an... 13.11.2025  15:00

• Voestalpine plans to cut jobs at two plants due to tariffs and pressure from demand Austrian steelmaker Voestalpine will cut its workforce and reduce operations at two of its Austrian plants, attributing the move to sustained pressure from U.S. import tariffs, weak demand in the automotive sector, and rising energy and labor costs, according to a Reuters report citing a statement... 13.11.2025  15:00