Metallurgy news
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forecasts a 14% drop in sales in home markets in 2025% Severstal expects that by the end of 2025, the minimum level of metal consumption in Russia will be 37.8 million tons (-14% YoY, previously 44 million tons)The company's production target for this year remains the same — 11 million tonsIn 2026, the company expects a further decline in steel c...
10.11.2025 21:00
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Ukraine reports an 8.4% increase in pig iron production in January-October 2025 In October of this year, pig iron production in Ukraine amounted to 692 thousand tons, which is 1.3% month-on-month and 10.7% year-on-year, according to the Ukrainian Metallurgical Association Ukrmetallurgprom.In this month, the country's steel production increased by 6.1% compared to the previous...
10.11.2025 16:00
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Turkish company Çelik Halat ve Tel Sanayii reports a higher net loss for January-September 2025 Turkish manufacturer of steel wire and ropes from Kocaeli Çelik Halat ve Tel Sanayii Inc. announced its financial results for January-September of this year.For the specified period, the company recorded a net loss of 677.19 million Turkish liras (16.04 million US dollars) compared to a net loss of ...
10.11.2025 16:00
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The Turkish company Kardemir reported a decrease in net loss for January-September 2025 Turkish integrated long products manufacturer Kardemir Karabuk Demir Celik Sanayi ve Tijaret A.S. Kardemir has announced its financial and operating results for the first nine months of this year.During the period, the company achieved a net loss of 955.08 million Turkish liras (US$22.63 million),...
10.11.2025 15:00
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Queensland's coal exports decreased by one percent in October 2025 In October of this year, coal exports from the Australian ports of Hay Point, Dalrymple Bay Coal Terminal (DBCT), Abbott Point and Gladstone, located in Queensland, decreased by one percent year-on-year and decreased by 3.1 percent month-on-month to 16.52 million tons, according to data released by...
10.11.2025 15:00
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The Turkish company Borusan Boru forecasts net profit growth in January-September 2025, the financial forecast has been revised upward Large Turkish manufacturer of steel pipes Borusan Birleşik Boru Fabrikaları Ticaret A.Ş. announced financial results for the first nine months of this year.During the period, the company achieved a net profit of 1.53 billion Turkish liras (US$37.95 million), compared with a net profit of 311.38 mi...
10.11.2025 14:00
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Ecomondo 2025: European Steel Industry between climate challenges and economic sustainability Decarbonization, energy and raw materials were at the center of the debate in Rimini at Ecomondo 2025, the leading international event dedicated to the green and closed economy. Participants heard that the race to produce low-emission steel continues, but challenges remain related to costs,...
10.11.2025 14:00
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Türkiye launches new support programs to ease access to export finance According to a statement published in the Official Gazette of Turkey, two new support programs have been launched to facilitate Turkish exporters' access to finance and strengthen their competitiveness in global markets.Scope and purpose of the programsAccording to a statement from the Ministry of...
10.11.2025 13:00
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GMH Gruppe completes acquisition of Buderus Edelstahl units German specialty steel manufacturer GMH Gruppe has announced that it has legitimately completed the acquisition of two business units from domestic high-performance metals manufacturer Buderus Edelstahl GmbH. The acquisition, which covers a hot rolling machine for large rolled products, as well as...
10.11.2025 13:00
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Turkey's base metals production fell by three percent in September 2025 compared to August According to data released by the Turkish Statistical Institute (TUIK), in September this year, Turkey's seasonally and calendar-adjusted monthly industrial production decreased by 2.2 percent compared to the previous month, while the calendar-adjusted index increased by 2.9 percent compared to...
10.11.2025 12:00
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