Metallurgy news

• The Turkish company Kardemir Çelik Sanayi has announced investments of $ 30 million to increase capacity and enter new markets. Izmir Turkish Steel Company Kardemir Çelik Sanayi A.Ş. announced that it plans to build a new profile rolling plant in Bozkey, in the Aliaga district of Izmir. Investments of $30 million are planned to be commissioned in the second quarter of 2026. The expansion aims to increase production c... 12.08.2025  18:00

• India cancels BIS license certification for 202 foreign manufacturers exporting to the country The Ministry of Steel, India, announced the release of 202 steel companies from the process of mandatory compliance with the requirements of the portal of the system monitoring system of steel imports (SIMS), the ministry notification says on Tuesday, August 12. in the official statement, the... 12.08.2025  17:00

• The reduction in Tangshan production in August will be much greater than in July. On August 9, the authorities of Tangshan, a major steelmaking center in China's Hebei Province, issued a notice to 35 independent local steel companies detailing production control requirements for the period from August 16 to September 3 due to the approaching military parade in September to mark... 12.08.2025  17:00

• Belgian company Bekaert announced a decrease in revenue in the first half of 2025, the uncertainty of tariffs affected demand The Belgian manufacturer of the steel cord and the Bekaert wire announced its financial results for the first half of this year. In the first half of the year, the company published consolidated revenue from € 1.95 billion, which is 5.2% less than in the previous year. The EBITDA indicator d... 12.08.2025  16:00

• Car sales in Turkey increased by 5.9 percent in January-July 2025 In July of this year, car sales in Turkey totaled 110,919 units, down 9.4 percent from June and up 13.7 percent year-on-year, according to monthly statistics released by the Association of Automobile Manufacturers of Turkey (OSD). In the same month, passenger car sales in Turkey totaled 84,195... 12.08.2025  16:00

• Turkish company Kocaer Çelik doubled its net profit in the first half of 2025 Turkish steel producer Kocaer Çelik Sanayi ve Ticaret A.S. (Kocaer Çelik) has announced its financial and operating results for the first half of this year.During this period, the company achieved a net profit of 393.31 million Turkish liras (9.66 million $), which is double the net profit of 1... 12.08.2025  15:00

• Thailand approves $402 million high-strength steel wire project with Chinese support The Thai Investment Board (BOI) has announced that it has approved an investment of 13 billion baht ($402.10 million) for a high-strength steel wire production project. The plant will be located in the Rohan Industrial Park in Chonburi Province and is intended primarily for the tire... 12.08.2025  15:00

• Explosion at the U. S. Steel plant in Pennsylvania: there are victims One person was killed and dozens injured in an explosion on the morning of August 11 at a U.S. Steel plant near Pittsburgh, Pennsylvania. According to the emergency services, two people are considered missing.News agencies publish footage showing clouds of thick smoke above the enterprise.The plant... 12.08.2025  10:00

• In metallurgy, black times -production steel in July remained at a low level In July, signs of some stabilization after the June recession appeared on the steel market. Cast iron smelting and steel remained at the level of last month, and the production of finished rental was reduced by 2%. Some analysts believe that the indicators have reached a minimum in the current... 12.08.2025  10:00

• What share is Russia and other countries of the world in the extraction of minerals on the diagram - data on 31 minerals. Key fossils have been allocated fat - those that most affect the market and the economy as a whole Russia are included in the five leaders in stock 23 out of 30 key minerals. However, stocks and volumes of production are not the same thing. Russia leads only... 11.08.2025  19:00