Metallurgy news

• New Horizons Expert Group: CBAM will affect global demand for scrap At the second session of the 20th SteelOrbis Conference "New Horizons in Steel Markets", held on Tuesday, December 9, in Istanbul, during a panel discussion moderated by Aycha Ozbai, global ferrous scrap market Analyst at SteelOrbis, the panelists commented on the current situation in the scrap... 09.12.2025  17:00

• Ilva commissioners demand damages from ArcelorMittal in the amount of 5 billion euros Special commissioners of the former Ilva factories, now Acciaierie d'Italia (ADI), located in Taranto in southern Italy, plan to file a lawsuit against ArcelorMittal in order to receive compensation in the amount of 5 billion euros. This step was announced by Italian Minister of Enterprises and... 09.12.2025  16:00

• Hyundai Steel announces investments in scrap metal worth 116 million dollars South Korean steel manufacturer Hyundai Steel has announced plans to invest 170 billion won ($116.83 million) by 2032 to expand its low-carbon production capacity, with a focus on high-quality steel scrap recycling. The initiative includes the construction of a new crushing plant and the... 09.12.2025  16:00

• Anyl Akalin: Steel sector faces greatest exposure to CBAM as EU phases out free distribution At the 20th SteelOrbis Conference, New Horizons in Steel Markets, held on Tuesday 9 December in Istanbul, Anil Akalin from UK consultancy Redshaw Advisors presented an in-depth overview of the EU Carbon Border Mechanism (CBAM) and its implications for industrial exporters, particularly in the steel... 09.12.2025  15:00

• Veysel Yayan: The growth of the Turkish steel industry is "two steps forward, one step back", import pressure is increasing Speaking at the 20th SteelOrbis Conference "New Horizons in Steel Markets", held in Istanbul on Tuesday, December 9, Dr. Veysel Yayan, Secretary General of the Turkish Steel Manufacturers Association (TÇÜD), shared with the participants the current state of the Turkish steel sector and expectations ... 09.12.2025  15:00

• Worldsteel: China's steel glut problem is becoming increasingly difficult to solve According to a Bloomberg report, Edwin Basson, director general of the World Steel Association (worldsteel), said China's long-standing steel overproduction problem is becoming increasingly difficult to solve, adding that the sector is so deeply integrated into China's broader industrial and... 09.12.2025  14:00

• Ugur Dalbeler: Lack of protective measures in Turkey may lead to irreversible consequences At the 20th annual SteelOrbis Conference "New Horizons in Steel Markets", held on Tuesday, December 9, at the Istanbul Marriott Asia Hotel with more than 500 participants, after an introductory speech by Murat Erylmaz, CEO of SteelOrbis, Çolakoğlu Metalurji, CEO and Chairman of the World Steel A... 09.12.2025  14:00

• CMRG International Iron Ore Trading Co. created Chinese state-owned company China Mineral Resources Group (CMRG) International Iron Ore Trading Co., Ltd. was established with a registered capital of 1.1 billion yuan ($0.16 billion).Accordingly, the company's business scope includes purchasing agency services, sales of metal ores, sales of metal... 09.12.2025  13:00

• ArcelorMittal Spain closes Avilés etching line as part of € 18 million upgrade According to media reports, ArcelorMittal Spain has closed the etching line at its Avilés plant as part of an 18 million euro modernization program. The shutdown comes amid broader operational issues at the company's facilities in Asturias, including ongoing problems with the restart of blast ... 09.12.2025  13:00

• Metso wins contract to supply compact pellet plant to India Finnish engineering group Metso has announced an agreement with Indian energy company Greta Energy Limited for the supply of a mobile lattice pelletizing plant at its Chandrapur plant in India.This is the company's second order for a compact size pellet plant in India within a short period of time,... 09.12.2025  12:00