Metallurgy news

• Valin Lianyuan Steel for maintenance of BF No. 6 Chinese steel company Valin Lianyuan Steel, located in Hunan Province, announced that it will carry out a series of scheduled maintenance work on its blast furnace No. 6, which will last 34 days.Meanwhile, Valin Lianyuan Steel will carry out rotational maintenance work on its three hot rolling... 03.12.2025  10:00

• NEV wholesale sales in China grew 29% to 13.78 million units in January-November 2025 The China Passenger Car Association (CPCA) announced that wholesale sales of new energy vehicles (NEVs) in China totaled 1.72 million units in November, up 20 percent year-on-year, with an increase of 7.0 percent month-on-month.CPCA also said that wholesale sales of NEVs in China totaled 13.78... 03.12.2025  09:00

• China's stainless steel crude steel production increased by 2.22 percent in October compared to September 2025 In October of this year, China's crude stainless steel production totaled 3.6244 million tons, up 2.22 percent month-on-month, according to the Stainless Steel Council of the Chinese Association of Metallurgy and Steel (CSSC).In October, China's apparent stainless steel consumption was 3.0459... 03.12.2025  09:00

• https://vvv.kommersant.ru/daughter/8249981 Metallurgists increase prices due to shortage of raw materialsThe cost of grade 3A scrap at the end of November increased by 4–8%, depending on the region of delivery on CPT terms by rail. In the south, prices increased to 21.98 thousand rubles, in the central part of Russia - to 21.7 thousand r... 03.12.2025  09:00

• Brazil updates information on the use of new steel import quotas According to the Brazilian foreign trade agency Siscomex, as of November 19, 445,469 tons of steel product quotas allowed for import at normal steel import rates had been used by 54 percent.The quotas were approved on October 24, 2025 and are valid for use until February 23, 2026.The total volume... 03.12.2025  08:00

• Coal miners will be extended the deferral of taxes and insurance premiums until the end of winter The authorities will keep coal companies deferred for the payment of mineral extraction tax and insurance premiumsThe authorities plan to extend the deferral of taxes and fees for coal companies as part of the anti-crisis program for the industry, such a measure of support will be maintained until... 03.12.2025  08:00

• Yttrium is the most profitable metal of 2026 The price of yttrium increased from US$ 6 per kilogram in early 2025 to the current trading range of US$ 220-320 per kg, an increase of 3567-5233%.Yttrium is a valuable rare earth. Chemicals containing it are widely used in industry, including semiconductor, aircraft manufacturing and energy.The... 03.12.2025  08:00

• Mining and oil and gas leaders in commercial Private LTE networks in the Russian Federation and Kazakhstan The ComNews portal has updated the map of corporate Private LTE/5G networks in Russia and Kazakhstan as of autumn 2025.Key conclusions:• most of the 97 commercial Private LTE/5G-Ready networks are deployed at enterprises in the mining sector (41 industrial networks in total) and the oil and gas i... 03.12.2025  06:00

• Mechel will suspend the operation of a hardware plant in Karelia The Vyartsila hardware plant in the Sortavala district of Karelia is being stopped due to decreased demand for the company's products.The production activities of the plant will be temporarily suspended from February 1, 2026 to July 1, 2026. “This decision is a difficult and forced step, which we h... 02.12.2025  22:00

• US and Canada drilling rig count declines - Week 49 of 2025 Baker Hughes reported that the number of rotary drilling rigs in the United States fell by 10 to 544 for the week ended November 26, 2025.The number of gas drilling rigs increased by 3 to 130, and the number of oil drilling rigs decreased by 13 to 414. The total number of drilling rigs in the... 02.12.2025  20:00