Metallurgy news
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Thyssenkrupp Steel launches an intelligent planning system In partnership with the German software developer Smart Steel Technologies (SST), the German manufacturer Stevessenkrupp successfully launched an intellectual planning system designed to increase automation, efficiency and quality of products in its modernized production network in...
22.08.2025 20:00
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Scrap imports to Pakistan increased by 65 percent in July 2025 compared to June Scrap imports to Pakistan totaled 311,888 tons in July this year, up 65.0 percent from June and up 13.8 percent year-on-year, according to data released by the Federal Bureau of Statistics of Pakistan (PFBS). The value of these imports in this month amounted to $154.17 million, an increase of 72.9%...
22.08.2025 20:00
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Chinese company Shandong Zhongxin orders a new etching line from Primeetals The Chinese manufacturer Shandong Zhongxin placed an order from the British manufacturer Primeetals Technologies for a joint etching line and a tandem cold mill at his lin Yi factory in the province of Shandun. It is planned that the new plant will begin work in the beginning of 2027, supporting...
22.08.2025 19:00
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Assmang closes Beeshoek iron ore mine after termination of contract with AMSA South African mining company Assmang, a joint venture between African Rainbow Minerals and Assore, has announced that it is considering closing the Beeshoek iron ore mine. The move followed the unexpected withdrawal of ArcelorMittal South Africa (AMSA) from a long-term supply contract, raising...
22.08.2025 19:00
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Mexico offers the North American Committee on steel to limit Asian imports According to local media reports, Mexico is preparing to create the North American Committee on Selo in cooperation with the United States in order to strengthen regional trade ties and reduce depending on Asian steel imports. The proposal was received against the backdrop of ongoing negotiations...
22.08.2025 18:00
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IAS 1p\'25 Report The company's shares increased by 20% in a month to 121 rublesRevenue 439 billion (-15%)Operation.Profit 55 billion (-59%)Net profit 45 billion (-45%)Profit/share 7.5 rubProfit is 45%, and shares are 20%NLMK pays, or rather paid, dividends based on free cash flowIn the 1st half of the year, cash...
22.08.2025 18:00
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The EU and the United States completed the trading transaction, agreed on the ring fence from the global excess of steel capacities The USA and the EU agreed on the new framework of mutual, fair and balanced trade, which is a significant step towards strengthening one of the world's largest economic partnerships. According to a joint statement published by both parties, the trading agreement between the US and the EU is aimed...
22.08.2025 17:00
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Japan's crude steel production decreased by 2.5 percent in July 2025 In July of this year, Japan's crude steel production increased by 3.1 percent from the previous month and decreased by 2.5 percent from July 2024, totaling 6.92 million tons, according to data released by the Japan Federation of Ferrous Metallurgy (JISF).Meanwhile, Japan's pig iron production...
22.08.2025 17:00
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The Russian NLMK announced a decrease in net profit and revenue from sales for the first half of 2025 NLMK group announced financial results on international financial reporting standards (IFRS) for the second quarter and the first half of the current year. In this quarter, the company's net profit amounted to 23.28 billion rubles ($ 288.93 million), decreased by 37.6%, and the proceeds from...
22.08.2025 16:00
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Consumer confidence in Turkey increased by 0.9% in August 2025 compared to According to the monthly consumer trends survey published by the Turkish Statistical Institute (TUIK), the consumer confidence index * in Turkey, which stood at 83.5 points in July this year, rose 0.9 percent month-on-month to 84.3 points in August this year, having previously declined 1.8 percent...
22.08.2025 16:00
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