Metallurgy news
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Thyssenkrupp is considering the possibility of a phased sale of the Indian metallurgical enterprise JindalНемецкая сталелитейная компания Thyssenkrupp рассматривает возможность поэтапной продажи своего сталелитейного подразделения Thyssenkrupp Steel Europe (TKSE) компании Jindal Steel International, согласно отчету Reuters со ссылкой на четыре источника, знакомых с ходом переговоров.Согласно одному…
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IDDMIB: Turkish ferrous and non-ferrous metallurgy enters 2026 with optimismStating that the Turkish steel industry ended 2025 with an increase in exports despite global uncertainty and volatile market conditions, Çetin Tecdelioglu, Chairman of the Istanbul Ferrous and Non-Ferrous Metals Exporters Association (IDDMIB), noted that the industry ended 2025 with exports of…
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Zanaga Iron Ore is positioning a project to supply premium DRI pellets for the production of environmentally friendly steelZanaga Iron Ore Co Ltd has announced the completion of its initiative to raise the cost of the Zanaga iron ore project in the Republic of Congo, according to media reports.The completed work flows indicate a potential revenue growth potential of $11.3 billion over the initial 30-year life of the…
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Vietnamese company Hoa Phat achieves record construction steel sales in December 2025Vietnamese steelmaker Hoa Phat Group announced sales results for December and full year 2025.Last December, the company sold 585,000 tons of construction and high-grade steel, up 52 percent year-on-year. Of this, construction steel sales accounted for 525,000 tons, and the share of high-grade steel…
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BMI raises its forecast for coking coal prices in 2026 to $190 per ton amid strong import demand in India and ChinaBMI's country risk and industry research division, Fitch Solutions, raised its coking coal price forecast for 2026 to $190 per tonne from a previous estimate of $180 per tonne, citing expectations of sustained import demand from India and China, according to media reports.Lower production in China…
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The value of exports of steel products from France in January-October 2025 decreased by 3.5 percentAccording to statistics published by the French Ministry of Economy, Finance and Industry, between January and October this year, France's exports of major steel and ferroalloys amounted to 8.02 billion euros, down 3.5 percent year on year.During the period, France exported steel pipes and tubes…
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The cost of steel imports to France decreased by 10.5 percent in January-October 2025According to statistics published by the French Ministry of Economy, Finance and Industry, in January-October of this year, imports of basic steel products and ferroalloys to France amounted to 7.44 billion euros, a decrease of 10.5 percent year-on-year.During the specified period, France imported…
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Brazil's wire rod exports increased while imports declined in DecemberExports of wire rod from Brazil reached 28,000 tons in December against 15,400 tons in November, according to the SECEX foreign trade agency.The destinations in December were South America (17,000 tons at a price of 607 US dollars per ton), the Dominican Republic (4,000 tons at a price of 525 US…
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AHMSA Trustee requests extension of the auction period by 30 daysAccording to local media reports, Victor Manuel Aguilera Gomez, the trustee in charge of the bankruptcy process of Altos Hornos de Mexico steel mill (AHMSA), has officially requested an extension of up to 30 days to publish a request for proposals related to the company's asset auction…
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Government of India approves forest land acquisition for expansion of NMDC's Bailadila iron ore mineThe Indian government has approved the diversion of forest land to allow Indian miner NMDC limited to expand iron ore mining capacity at its Bailadila Deposit-II mine in the central Indian state of Chhattisgarh, a government official said on Thursday, January 8.Production capacity will rise to 14.5…
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