Metallurgy news

• 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

• U.S. crude steel production rose 1.3 percent in week 43 of 2025 According to the American Iron and Steel Institute (AISI), for the week ended October 18, 2025, U.S. domestic crude steel production was 1.744 million net tons, with a capacity utilization rate of 76.1 percent.Production for the week ended October 18, 2025 increased 1.3 percent from the previous... 21.10.2025  05:00

• The number of drilling rigs in the US and Canada will increase - Week 43 of 2025. Baker Hughes reported that for the week ended October 17, 2025, the number of rotary drilling rigs in the United States increased by 1 to 548.The number of gas production rigs increased by 1 to 121, and the number of oil drilling rigs remained at 427. The total number of drilling rigs in the United... 21.10.2025  04:00

• Brazil's Finished Steel Commercial Balance Deficit Decreased in September According to SECEX, Brazil's foreign trade body, Brazil exported 140,859 tons of finished carbon steel products in September at a price of 104.104 million US dollars, and imported 252,822 tons at a price of 176.279 million US dollars.For comparison, Brazil exported 87,919 tons of finished carbon... 21.10.2025  00:00

• Shipments of CR steel strips in Japan in August 2025 decreased by 9.1 percent compared to July In August this year, shipments of cold-rolled sheet and strip in Japan fell 9.1 percent month-on-month and increased 9.4 percent year-on-year to 376,317 metric tons. According to the Japan Iron and Steel Federation (JISF), 45.7 percent of shipments were made to the domestic market and the remaining... 20.10.2025  19:00

• The Cleveland-Cliffs Steelton plant will officially close in early 2026. The Cleveland-Cliffs company has announced the final closure of its Stilton plant next year.This decision was made a few months after the company shut down a factory on the riverbank and laid off 500 people. Cleveland-Cliffs shared a letter with its employees in which it explained that due to "weak... 20.10.2025  19:00