Metallurgy news

• In July, the world central banks acquired 10 tons of gold, against 38 tons in June, noted by the 26th contract a month of accumulation of reserves In general, in July, relatively modest purchases of central banks were observed, led by the purchase of 3 tons of Kazakhstan. Recall that the official purchases of central banks make up about a third of demand from real state institutions at a spare price, gold continues to bargain above the... 04.09.2025  13:00

• Indian VSSL will build a special steel plant worth $ 284 million with the Japanese Aichi Steel Indian company Vardhaman Special Steel limited (VSSL) announced plans to create a special steel plant worth $ 284 in partnership with the Japanese Aichi Steel Corporation (ASC). The new project is aimed at strengthening the special steel capacities of India while promoting environmentally friendly... 04.09.2025  12:00

• NBS: The prices of local Chinese fittings decreased by 1.3 percent in late August 2025 At the end of August (August 21-31) this year, the average price in China in 20 mm Armor HRB 400E decreased by 42.8 yuan/million. Doll. USA ($ 6.0) or 1.3 percent to 3218.2 yuan ($ 453/MT) compared to the price in the middle of repayment (August 11). In this period, the average prices for a wire... 04.09.2025  11:00

• Turkish rebar exports increased by 23.8 percent in January-July 2025 In July of this year, Turkey's rebar exports increased by six percent per year and by 20.4 percent month-on-month to 352,728 metric tons, according to data provided by the Turkish Statistical Institute (TUIK). The value of these exports totaled $191.68 million, down by 0.3 percent year on year and... 04.09.2025  11:00

• It is time for Russia to actively develop the use of "golden" digital financial assets (CFAs) in international settlements These assets are digital tokens backed by gold, the value of which is pegged to the current price of the precious metal. Such an initiative can become a tool to circumvent sanctions, reduce dependence on the dollar and traditional payment systems, Pavel Gamov, an expert at the MMC industry, told... 04.09.2025  11:00

• Vaporizhkox increased Coca-Cola production to 592.6 thousand tons since the beginning of the year PJSC "Vaporizhkox", one of the largest producers of Coke chemical products in Ukraine, which is part of the Metinvest Group, increased Blast Furnace Coca-Cola production by 1.46% in January this year compared to the same period last year to 592.6 thousand tons. 79.6 thousand tons of Coca-Cola were... 04.09.2025  11:00

• Shares of the main finished steel products in China grew by 4.7 percent in late August 2025 on August 31 of this year, the total internal reserves of the five main finished steel products in 21 large city of China amounted to 8.83 million tons, increasing by 4.7 percent compared to August 20, as declared the Chinese iron and steel association. The wired rods and reinforcement increased... 04.09.2025  10:00

• CPCA: Retail sales of passenger cars in China increased by 3% in August 2025 It is estimated that retail sales of passenger vehicles in China amounted to 1,952 million. Units in August of this year, which is 3.0 percent per year, will increase by 7.0 percent per month, according to an analysis of the car market conducted by the Chinese Automobile Association (CPCA).This... 04.09.2025  10:00

• China Shugang Jzingang orders a new continuous galvanizing line from SMS Group The Chinese steel -steel SHOUGANG JINGTANG awarded the German manufacturer SMS Group SMS Group Contract for the construction of a continuous galvanizing line on its Caofeidian section in China. The new line, planned to start work by mid -2027, will add an annual power of 450,000 million tons ... 03.09.2025  18:00

• EU opens CBAM consultations on emissions calculations, free allowances and carbon price deduction The European Commission has announced that it has launched a new consultation process to gather feedback on important aspects of the Carbon Adjustment Mechanism (CBAM), which will enter its financial phase in January 2026. This initiative is part of an ongoing effort to simplify CBAM regulation,... 03.09.2025  18:00