Metallurgy news

• RusHydro will receive at the prices included in the tariffs It will supply coal for RusHydro's Far Eastern thermal power plants (MOEX: HYDR) at prices included in electricity and heat tariffs. This was announced by the company at the WEF-2025. Colestar guarantees stable sales, and RusHydro guarantees a reduction in losses from the purchase of coal at prices... 04.09.2025  15:00

• WV Stahl: short -term subsidizing the energy system for the German steel industry is not enough The German steel federation (WV Stahl) warned that the subsidizing the energy system planned by the federal government would only provide limited relief for energy -intensive industries. The bill, which is expected, will be approved at a meeting of the Cabinet of Ministers, introduces a subsidy... 04.09.2025  14:00

• Polish JSW company expands coking coal reserves with new long face at Budryk mine Polish coking coal producer Jastrzebska Spolka Weglowa SA (JSW) has announced that it has started work on a new large long wall at its Budryk mine. The extended wall of Bw-1, located in reservoir 405/2, contains reserves of type 35.1 coking coal in the amount of more than 1.6 million tons, which... 04.09.2025  14:00

• Arcelormittal Mexico resumes DRI operations after the incident with Lasaro Cardenas Arcelormittal Mexico announced a significant progress in restoring operations at its factory in Lasaro Cardenas after the incident on August 18, which influenced the production of Iron of direct recovery (DRI) at HYL plants. Two of the four HYL reactors have currently returned to fully power,... 04.09.2025  13:00

• Ukrainian "Zaporizhstal" recorded a 6.7% increase in steel production in January-August 2025 The Ukrainian Metallurgical Plant Zaporizhstal, owned by Metinvest, announced production results for August and the first seven months of 2025.In August, Zaporizhstal produced 310,800 tons of pig iron, 277,300 tons of steel and 245,900 tons of finished steel, an increase of 19.8 percent, 17.1... 04.09.2025  13:00

• 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