Metallurgy news
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NBS: Reinforcement prices in China decreased by 0.2 percent in mid -August In mid-August (August 1-10) of this year, the average price in China HRB 400e 20 mm decreased by RMB 6.4/MT ($ 0.9/MT) or 0.2 percent to RMB 3261.0/MT ($ 459/MT), compared with the price in early August (August 1-10), as announced by the National Statistics Bureau of Statistics China. At a...
26.08.2025 14:00
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South Korea creates new anti-dumping team to combat unfair trade practices South Korea's Ministry of Economy and Finance has announced that it will set up a special anti-dumping group in its Tax Policy Directorate to combat unfair trade practices. This move is due to the fact that anti-dumping investigations imposed on foreign imports have steadily increased over the past...
26.08.2025 14:00
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Indian-Chinese trade relations are not balanced Chinese exports to India exceed Chinese imports from this country by 6-7 times, and this trend is only increasing over time: in 2019-2023, Chinese shipments increased by 76%, while Indian shipments decreased by 7%.The growth of Chinese metal exports to India is a huge 42% per...
26.08.2025 14:00
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BHP: Chinese steel plateau, India becomes a key growth driver Australian mining giant BHP released its economic and raw materials forecast for August 2025, which emphasizes the stability of demand for bulk raw materials, despite uncertainty in world trade. Political shifts, tariffs and industrial interventions determined the year, influencing trade flows and...
26.08.2025 13:00
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Zaporizhstal has invested $3 million in the modernization of heat wells in the hot rolling workshop The Ukrainian Metallurgical Plant Zaporizhstal, part of the Metinvest Group, is promoting an annual capital investment program with a large-scale modernization project for its hot rolling workshop. The company is carrying out major repairs of three groups of heating wells (four wells per group) in...
26.08.2025 13:00
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Daily production of raw steel at CISA plants increased by 2.0% in early August, the reserves also grew The Chinese Association of ferrous metallurgy (CISA) reported that in mid -August (August 11-20) this year, the average daily production volume of raw steel large and average steel enterprises in China - all members of CISA - amounted to 2.115 million tons, which is 2.0 percent more compared to...
26.08.2025 12:00
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BC Jindal Group invests $1.7 billion in construction of new steel mill India's BC Jindal Group is investing approximately $1.71 billion in a new steel processing plant in the eastern state of Odisha, the company said in a statement released on Tuesday, August 26.The investment will be carried out through its subsidiary Jindal India Steel Tech Limited in three phases...
26.08.2025 12:00
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Baotou Steel Union Posts net profit of 151 million yuan for h1 Chinese steelier Baotou Steel Union Co., Ltd. (Baotou Steel Union), announced that he would register an operational income of $ 31.329 billion ($ 4.4 billion) during January June this year, in 11.02 years, during the 39th year. Year. In the first six months of this year, the Baotou Steel Union...
26.08.2025 11:00
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Iron ore exports through Port Hedland decreased by 15.8 percent in July 2025 from June In July of this year, shipments of iron ore from the Australian port of Hedland decreased by 15.8 percent month-on-month and increased by 6.5 percent per year, amounting to 45,969,289 million tons. TonsAccording to information released by the Port Hedland Authority, compared to the 20th month,...
26.08.2025 11:00
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Boston Dynamics and Toyota have achieved significant progress in research in the field of robotics and artificial intelligence Having demonstrated a large behavior model (LBM), which underlies the Humanoid robot Atlas. on the video, Atlas performs a long continuous sequence of complex tasks requiring a combination of manipulations with objects and movement. Atlas unpacks the details from the box and sorts them. The...
26.08.2025 10:00
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