Metallurgy news

• ERG to build HBI plant in Kazakhstan worth $ 1.2 billion jointly with Primetals and Midrex The international metallurgical and mining company Eurasian Resources Group (ERG) has signed a contract with the British manufacturer Primetals Technologies and the developer of direct recovery technologies Midrex Technologies for the operational design and supply of equipment for the... 21.10.2025  14:00

• Rio Tinto accelerates preparations for first shipment of Simandou Australian miner Rio Tinto has stockpiled about two million tonnes of high-grade iron ore at its Simandou project in Guinea in preparation for its first shipment scheduled for mid-November, according to Reuters.Implications for infrastructure and supplyThe Simandou project contains an estimated... 21.10.2025  13:00

• The sale of the Uzbek coal enterprise OJSC "Shargunkomir" has been opened Sale of 99.55% of the state share in the authorized capital.Shargunkumir JSC is one of the leading coal mining enterprises in Uzbekistan, specializing in underground coal mining in the Surkhandarya region.Production capacity - 900,000 tons per year.Actual production volume (2024 g.) - 900 thousand... 21.10.2025  12:00

• China's real estate investment fell 13.9 percent in January-September 2025 Between January and September this year, total real estate investment in China was 6.7706 trillion yuan (US$0.95 trillion), down 13.9 percent from the previous year, 1.0 percentage point faster than the decline recorded in the first eight months of this year, China's National Bureau of Statistics... 21.10.2025  11:00

• NBS: New housing prices in China's first-tier cities fell 0.7% in September 2025 In September of this year, of the 70 major Chinese cities in which the study was conducted, new housing prices in first-tier cities decreased by 0.3 percent month-on-month, while simultaneously decreasing by 0.7 percent year-on-year, increasing by 0.2 percentage points and decreasing by 0.2... 21.10.2025  11:00

• According to the National Bureau of Statistics of China, steel production decreased by 5% year-on-year in September, compared with a decrease of 1% In August. The recent decline in production is likely due to Beijing's plans to reduce "excess" steel production in 2025 (to 5% of China's supply in 2024, according to market estimates) and strictly ban new capacity in 2025-2026. Although, according to official data, steel shipments to China... 21.10.2025  11:00

• Exports of semi-finished products from China in September decreased by 15.34% compared to August, and in January-September 2025 increased by 215.43% According to China's customs authorities, in September this year, exports of semi-finished steel products from China amounted to 1.4936 million tons, down 15.34 percent from the previous month, while increasing by 41.85 percent year on year.Between January and September this year, exports of... 21.10.2025  10:00

• The capacity utilization rate of China's steel sector in the third quarter of 2025 was 80.1 percent. According to the National Bureau of Statistics of China (NBS), the capacity utilization rate in smelting, rolling and processing of ferrous metals in China in the period from July to September of this year was 80.1 percent, which is 0.7 percentage points lower than last year. Overall industrial... 21.10.2025  10:00

• Thyssenkrupp is actively negotiating with India's Jindal Steel to sell its steel business. Thyssenkrupp, a German industrial group, is actively negotiating with India's Jindal Steel International, which has expressed interest in its steel business, Thyssenkrupp Steel Europe (TKSE).Last month, Jindal Steel made a preliminary offer to buy TKSE, Europe's second-largest steel producer. The... 21.10.2025  10:00

• Cleveland-Cliffs reports lower third-quarter net income American mining and production company Cleveland-Cliffs Inc. reported financial results for the third quarter of 2025.The company reported total revenue of $4.7 billion in the third quarter, up from $4.9 billion in the second quarter of 2025. Adjusted EBITDA in the third quarter was $143 million,... 21.10.2025  07:00