Metallurgy news

• The floating cost of coking coal LTA in China increased by 12.4% in August compared to July 2025 According to data jointly published by the Chinese Association for the transportation and distribution of coal (CCTDA) and the Working Committee for the Raw Material Association of ferrous metallurgy (CISA) on August 31, in August of this year, the floating cost of coal coal in China increased by... 02.09.2025  14:00

• Turkey is nearing the exhaustion of the EU's quota for HRC imports for the third quarter Starting from the last month of the EU quota period from July 1 to September 30, some import quotas for certain steel products allocated to countries such as South Korea, Taiwan, Egypt, China and some other countries have already been exhausted, according to the latest data from the European... 02.09.2025  14:00

• WEF: critical reserves of minerals in the south of Africa - the key to the global energy transition The World Economic Forum (VEF), in cooperation with the Bank for the Development of South Africa and McKinsey & Company, issued a report that emphasizes the huge potential of the southern part of Africa in the supply of the most important minerals necessary for the transition to pure energy.... 02.09.2025  13:00

• Canadian Algoma Steel launches new electric arc furnace Algoma Steel, a Canadian steel company, has reached an important milestone in its transformation of green steel by producing the first thermal energy at its new Electric Arc Furnace (EAF) plant in South Ste. Marie, Ontario. According to Italian manufacturer Danieli, supplier of the electric arc... 02.09.2025  13:00

• Sumitomo and Itochu-Maryubeni will combine units for the distribution of sheet steel by October 2025 Japanese Sumitomo Corporation Global Metals (SCGM) and ITOCHU-MARUBENI STEEL announced the merger of their distribution operations in flat steel. Integration will unite their joint enterprises Mazda Steel and Benichu Summit Coil Center, which specialize in storage, processing and distribution of... 02.09.2025  12:00

• Fenix Resources secures 30-year iron ore mining rights for the Weld Range project Australian mining company Fenix Resources Ltd has announced the signing of a binding mining rights agreement with Sinosteel Midwest Corporation Limited (SMC), a subsidiary of China Baowu Steel Group, granting Fenix an exclusive 30-year right to extract and export iron ore from the Weld Range... 02.09.2025  12:00

• Average new home prices in 100 Chinese cities rose 0.2% in August from July 2025. In August of this year, average new home prices in 100 major Chinese cities totaled 16,910 yuan/square meter ($2,382/square meter), up 0.2 percent per month, while increasing 2.73 percent per year, according to the CIA, the largest independent independent real estate research organizations in... 02.09.2025  11:00

• MSSSL in India is planning a special steel production facility at Greenfield in Karnataka. India's Mukand Sumi Special Steel Limited (MSSSL), a joint venture between Bajaj Group and Japan's Sumitomo Corporation, will build an integrated special steel production facility, attracting investments of about 266.20 million. USD. The United States to the southern state of Karnataka, the company... 02.09.2025  11:00

• OMK, TMK and Severstal will be the beneficiaries of this new pipe project. Gazprom Complete Set LLC purchased 564 thousand tons of large diameter pipes in 2018-2021 OMK's Vyksa Metallurgical Plant received lots for 15 billion rubles (23% of the total purchase price), Chelyabinsk Pipe Rolling Plant (ChelPipe) - for 13 billion rubles (20%), Pipe Innovative Technologies LLC (liquidated) - 25 billion rubles and Izhorsky Pipe Plant Severstal - 11 billion rubles... 02.09.2025  11:00

• Indian NMDC limited sees that iron ore production is growing by 10 percent in August 2025. The State Miner NMDC NMDC limited reached 3.37 million tons in August 2025, which is 9.8 percent compared to the corresponding month of the previous year, according to the company on Tuesday September 2. 2025-26, the company reached the cumulative production of iron ore of 18.45 million tons,... 02.09.2025  10:00