Metallurgy news
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Rio Tinto is in preliminary talks with Glencore about a possible mergerAustralian miner Rio Tinto and Swiss-headquartered miner Glencore have confirmed they are in advanced talks regarding a potential combination of some or all of their businesses.Talks could include an all-share merger, the companies said, with any deal currently expected to be consummated through a…
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BlueScope rejects acquisition offer from SGH and Steel Dynamics over combination offerThe Australian steel company BlueScope Steel has announced that it has rejected an offer to acquire a consortium including the Australian SGH and the American steel company Steel Dynamics, reaffirming its commitment to implementing independent strategic priorities and maximizing shareholder…
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HRC imports to Turkey increased by 10.1 percent in January-November 2025According to preliminary data provided by the Turkish Statistical Institute (TUIK), in November last year, imports of hot rolled steel (HRC) to Turkey amounted to 397,772 metric tons, which is 26.6 percent more than in October and 8.6 percent more year-on-year. Meanwhile, the value of these imports…
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Steel production in India increased by three percent in December 2025India's crude steel production was tentatively estimated at 14.147 million tons in December 2025, up 3.2 percent from the corresponding month of the previous year, according to data released by the Joint Committee of Mills (JPC) under the Ministry of Steel on Friday, January 9.The data showed total…
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Tata Steel tests iron ore supplies from Canada to hedge mine lease expiration riskIndia's Tata Steel limited has initiated a trial to import iron ore from its Canadian assets for the first time as part of a strategy to mitigate potential raw material supply risks associated with the expiration of iron ore mining leases in India in 2030, industry sources told SteelOrbis on…
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Ukraine's Zaporizhstal has suspended production again after Russian attacks on the country's energy infrastructureThe Ukrainian company Zaporizhstal, owned by Metinvest, announced the suspension of all production processes after a power outage in the Zaporizhia region caused by a massive attack by Russian drones on Ukraine's energy infrastructure on January 7.On December 23, the company temporarily suspended…
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China claims 63% of new shipbuilding orders in the world in 2025In 2025, China attracted 63 percent of new shipbuilding orders (CGT 35.37 million, 1,421 vessels) worldwide, ranking first in the global market, while South Korea took a 21 percent share (CGT 11.6 million), ranking second, according to data released by Clarksons, the world's leading supplier of…
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China's steel industry's PPI decreased by 7.7 percent in 2025In December last year, China's Producer price index (PPI) for its ferrous metals smelting and rolling sector decreased 4.7 percent year-on-year, 0.5 percentage points slower than the rate of decline recorded in November, while it decreased 0.1 percent month-on-month, according to the data…
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Brazilian HRC export price stabilized within two weeksBrazilian producers are negotiating the export of HRC with their South American customers at a base price of $740/t, stable since two weeks ago, on an FOB basis for the main commercial grades. In the Brazilian domestic market, producers are selling HRC in the main commercial grades in medium to…
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Brazil's slab exports increased in DecemberBrazil exported 762,400 tons of slabs in December versus 641,500 tons in November, according to SECEX data.In December, Ternium exported 183,700 tons of slabs at a price of $540 per ton to the United States and 136,900 tons at a price of $552 per ton to the United States. Uruguay, while…
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