Metallurgy news
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In July, the margin of export transportation of coal for railway operators fell relative to June and in a number of directions The profitability in a number of directions is really close to zero, the rate allows you to pay only empty, there is no money left even to repair the car, not to mention leasing. “Given the fact that the wagon enters the scheduled repair once every two to three years, if the situation is delayed, t...
21.07.2025 13:00
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On Sakhalin, as a result of a fire, a 150-meter section of the largest coal conveyor has burned out, which has been building "Eastern Mining Company " for many years - from the cut & quot; Solntsevsky & quot; To the port of Shakhtersk, so as not to carry coal with trucks. There are no victims. At the time of fire, the tape did not work. According to preliminary information, the cause of the fire was the technical malfunction of the equipment. the conveyor...
21.07.2025 12:00
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Severstal will not distribute dividends for the second quarter of 2025 Today the company reported for the first half of the year. Net profit decreased by 55% and revenue by 11%. Sales of steel products increased by 6%.The market conditions are not the best for ferrous metallurgy companies. The economy is slowing down. Loading of ferrous metals on the Russian Railways...
21.07.2025 12:00
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Severstal's operational and financial results for the 2nd quarter of 2025 Key results:Revenue – 185,477 millionEBITDA – 39,291 millionInvestments – 43 524 millionProduction:Cast iron – 2,696,000 tons.Steel – 2,504 thousand tons.Sales:Steel production – 2,788 thousand tons.GVA products – 1,412 thousand tons.Iron ore – 596 thousand tons.Alexander Shevelev, CEO of Severstal:...
21.07.2025 12:00
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Bolidene increased metal production, but the profit fell sharply The Swedish company Boliden non-ferrous metal company in the second quarter of 2025 reduced operating profit, which turned out to be worse than expected. according to the company’s press release, the profit in April June amounted to 1.094 billion Swedish crowns ($ 112.1 million) compared to 4...
21.07.2025 12:00
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The 14 people in Yakutia were killed. The shift bus broke off the cliff In Yakutia, an accident occurred. In the Neryungrinsky district, a bus, transporting employees of the enterprise, moved from the highway on the Denisovsky technological road, moved from the highway. The driver of the Kamaz-Vakhtovka car lost control and made a congress. The car fell from a cliff...
21.07.2025 10:00
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Metals, technologies and geopolitics — digest for the second quarter of 2025 Platinum is getting more expensive, China is increasing imports of nickel and copper from Russia, and scientists are bringing the era of affordable superconductors closer. These and other events are in our digest.Against the background of the conflict in the Middle East, prices for platinum,...
21.07.2025 10:00
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World scrap consumption in the first quarter decreased in most regions The decline in the indicator was recorded in China, the USA, the EU, Japan, South Korea and Turkey, while in India there was an increase in in the first quarter of 2025, world consumption of ferrous metal scrap decreased in most key regions. According to the World Summarian Association (BIR),...
21.07.2025 08:00
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The metallurgists of Donbass are in distress, therefore they demand to introduce a quota of 25% for the purchase of their products by Russian enterprises and builders. Valery Sherin, CEO of YUGMK Soyuzmetallservice management company, announced a critical reduction in demand. In 2025, the reduction will be at least 10-15%, and at least 5 million tons of metal in annual volumes will remain unclaimed. In addition, the situation is aggravated by lower product...
21.07.2025 08:00
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Russia proceeds to post -industrialization, but with raw material dependence The study of the ITP Urbanik (based on industrial enterprises of the Russian Federation) showed that the Russian economy is gradually moving into a post -industrial stage. Large cities are already less dependent on factories, and small cities are still holding on to traditional industry....
21.07.2025 08:00
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