Metallurgy news

• Kobe Steel is partnering with Samling to create a supply chain for black pellets Japanese steel company Kobe Steel has announced the signing of a strategic agreement with Malaysian company Samling to jointly develop the production and sale of black pellets, a next-generation raw material designed to reduce carbon emissions from both steel and electricity production.The move... 28.08.2025  12:00

• European business Tata Steel to clash with the US Tariff, but does not affect the Indian market The introduction of 50 percent tariffs for imports from India by the Trump administration will affect the European business Tata Steel limited, but in a statement on Thursday, August 28, this will not affect its Indian operations. Nevertheless, the international market has become not very good,... 28.08.2025  11:00

• Manufacturers of Indian medical devices have cautiously rejected production failures and mandatory steel quality certification. Manufacturers of Indian medical devices are warning that recently implemented mandatory quality certificates for steel products risk creating shortages of critical products, disruptions in healthcare supplies and loss of export opportunities, the Association of Indian Medical Devices reported on... 28.08.2025  11:00

• The US Treasury has generously extended the exemptions for the import of Russian diamonds, but it's not that simple. September 1st is approaching. Then the license (permission) to import the so-called "grandfather" Russian diamonds to the United States expires, that is, those stones that have long been exported from the Russian Federation, have not received a cut, but are stuck somewhere. Now the US Treasury has... 28.08.2025  11:00

• Bayi Steel Posts Pure loss 697 million yuan for h1 2025  Xinjiang Autonomous Region-Base Chinese Steelmaker Bayi Iron and Steel Co., Ltd. (Bayi Steel) HAS announced that it registered an operating revenue of RMB 8.733 Billion ($ 1.2 Billion) in the January-June PeriD thisar, Percent Year on Year, While Itsteed a Net Loss of RMB 697 Million ($ 98... 28.08.2025  10:00

• Itaminas begins operating an Iron ore mine in Brazil Brazilian iron ore Itamin, controlled by AVG Group, has started production activities at the Jangada mine located in Sarzedo, Minas Gerais State.. The company plans to produce 8 million tons of iron ore per year in jangada, which is 64 percent, which increases the content by 64 percent, an average... 28.08.2025  10:00

• Rosstat announced the growth of losses of coal companies 26 times and amounted to 185.2 billion rubles. According to Rosstat, the profit of industry enterprises decreased by 35% and amounted to 58 billion rubles, while losses increased 2.6 times and reached 243.2 billion rubles. The share of profitable companies in the sector decreased to 34%, the number of... 28.08.2025  10:00

• 1. Vietnam opens its gold market, putting the end of the state monopoly on imports and export of unprocessed gold ingots, as well as their production According to the decree, the companies and commercial banks that have received the approval of the Central Bank can produce gold bullion. According to a separate statement, the State Bank of Vietnam will also give licenses for the import of unprocessed gold and foreign trading ingot. According... 28.08.2025  09:00

• Exporting restrictions in the UK can cause damage to the economy and competitiveness A new study conducted by the University of Sheffield of Hallama, ordered by the British Association of Metal Processing (BMRA), warned that the restriction of British scrap exports could have destructive economic consequences. The results are received while the Great Britain government weighs... 27.08.2025  19:00

• Hyiron, Namibia and Toyota Tsusho join forces to build a green Steel creation chain in Africa Namibia-based steel producer Hyiron, in collaboration with the Government of Namibia and Toyota Tsusho Corporation of Japan, has signed a memorandum of understanding (MOU) to promote the development of a sustainable clean and green steel chain in Africa. The partnership highlights Africa's growing... 27.08.2025  19:00