Metallurgy news

• The EU and the United States completed the trading transaction, agreed on the ring fence from the global excess of steel capacities The USA and the EU agreed on the new framework of mutual, fair and balanced trade, which is a significant step towards strengthening one of the world's largest economic partnerships. According to a joint statement published by both parties, the trading agreement between the US and the EU is aimed... 22.08.2025  17:00

• Japan's crude steel production decreased by 2.5 percent in July 2025 In July of this year, Japan's crude steel production increased by 3.1 percent from the previous month and decreased by 2.5 percent from July 2024, totaling 6.92 million tons, according to data released by the Japan Federation of Ferrous Metallurgy (JISF).Meanwhile, Japan's pig iron production... 22.08.2025  17:00

• The Russian NLMK announced a decrease in net profit and revenue from sales for the first half of 2025 NLMK group announced financial results on international financial reporting standards (IFRS) for the second quarter and the first half of the current year. In this quarter, the company's net profit amounted to 23.28 billion rubles ($ 288.93 million), decreased by 37.6%, and the proceeds from... 22.08.2025  16:00

• Consumer confidence in Turkey increased by 0.9% in August 2025 compared to According to the monthly consumer trends survey published by the Turkish Statistical Institute (TUIK), the consumer confidence index * in Turkey, which stood at 83.5 points in July this year, rose 0.9 percent month-on-month to 84.3 points in August this year, having previously declined 1.8 percent... 22.08.2025  16:00

• ArcelorMittal Calvert modernizes a hot strip station with SMS Group technology The American subsidiary Arcelormittal with a headquarters in Luxembourg ArcelorMittal Calvert announced a large project for modernization at its hot strip production plant (HSM) in Kalvert, Alabama. The company placed an order in the German SMS Group for the installation of an inductive heating... 22.08.2025  14:00

• Express Invest bought Stalkanat-Silur from former shareholders Financial Company (FC) Express Invest LLC (Borispol, Kiev region) acquired 100% of shares of PJSC Stalkanat-Silur Production Association (Odessa).According to Stalkanat-Silur's message in the system of the National Securities and Stock Market Commission, information about the change in shareholders... 22.08.2025  14:00

• Russia increases the quota for export of scrap outside the EAEU The Russian government announced the expansion of the export of scrap and waste of ferrous metals outside the Eurasian Economic Union (EAEU), which in addition to Russia includes Armenia, Belarus, Kazakhstan and Kyrgyzstan. This measure is designed to allow exporters to sell additional volumes... 22.08.2025  13:00

• MOC: average reinforcement prices in China decreased by 0.1 percent from 11 to 17 August The Chinese Ministry of Trade (MOC) reported that in the period from August 11 to 17 of this year, the average prices for ready-made steel in China ranged in a limited range. during this period the average prices for a hot-rolled steel strip and an ordinary steel sheet grew by 0.3 percent,... 22.08.2025  12:00

• Shagang's net profit increased by 49.53 percent to 156 million yuan in the first half of the year Shagang Co., Ltd. (Shagang), based in Jiangsu Province, announced that its net profit for January-June this year amounted to 156 million yuan ($21.9 million), which is 49.53% more than in the previous year.In the quarter, Shagang recorded operating revenue of 6.827 billion yuan ($0.96 billion),... 22.08.2025  12:00

• Shandong Steel returns to profit in h1 Chinese steel company Shandong Iron and Steel Company Ltd published its financial report in the first six months of this year, saying that it registered an operational income of $ 36.906 billion ($ 5.2 billion. 5.197 million tons of pig iron, 7.45 million tons of raw steel and 7.789 million... 22.08.2025  11:00