Metallurgy news
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Japan's Marubeni consolidates metallurgical enterprises to promote a closed-loop economy strategyJapanese companies Marubeni Tetsugen Co., Ltd. and Marubeni Metal Co., Ltd. They announced their consent to the merger, with the integration expected to take effect on April 1, 2026. Both companies are 100% subsidiaries of Marubeni Corporation and operate in complementary segments of the metals and…
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Indonesia increased tin exports 2.8 times in NovemberIndonesia increased tin exports 2.8 times in November, to almost 7.46 thousand tons (worth $268 million), the country's Ministry of Trade reported.In October, exports fell to 2.64 thousand tons, the lowest level since January. This was due to the fact that Indonesian President Prabowo Subianto…
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EU Council adopts mandate for new steel import rulesThe Council of the European Union has announced that it has officially adopted its negotiating mandate for a new regulation aimed at protecting the EU steel industry from the effects of global overcapacity, marking a key step towards strengthening trade protection measures against a surge in cheap…
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SMS Group completes automation upgrade at Thyssenkrupp Steel EuropeAccording to the German manufacturer SMS Group, the company has completed an upgrade project covering automation systems for lowering coils at the No. 1 hot strip mill operated by Thyssenkrupp Steel Europe at its Duisburg site in Germany.Scope of modernizationThe SMS group stated that the project…
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NBS: Rebar prices in China increased by 0.7 percent in early December 2025In early December (December 1-10) of this year, the average price in China for HRB 400E 20 mm rebar increased by 23.4/mt ($3.3/mt) or 0.7 percent to 3,191.8 yuan/ton ($451.5/mt) compared with the price at the end of November (November 21-30), as announced by the National Bureau of Statistics of…
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India's RINL reached its highest one-day crude steel production on December 14thOn December 14, Indian state-owned steel producer Rashtriya Ispat Nigam Limited (RINL) achieved its highest-ever one-day steel production of 21,012 tons with a nominal capacity utilization of just over 100 percent, the company said in a statement on Tuesday, December 16.The company said that the…
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Exports of welded pipes from Turkey decreased by one percent in January-October 2025In October of this year, exports of welded pipes from Turkey totaled 132,294 metric tons, which is 44.6 percent less than in September and 14.4 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, revenue from these exports amounted to…
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Rocky Mountain Steel Mills Begin Production at Universal Rail PlantItalian manufacturer Danieli has announced that American rail manufacturer Rocky Mountain Steel Mills, part of Orion Steel, has begun hot commissioning work at its new Danieli universal rail plant in Pueblo, Colorado. The facility will allow the manufacturer to produce premium-quality long rails…
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Daily steel production at CISA plants rose 2.8% in early December, and inventories also roseThe China Iron and Steel Association (CISA) announced that at the beginning of December (December 1-10) this year, the average cumulative daily production of crude steel by large and medium-sized steel enterprises in China - all members of CISA - was 1.869 million tons, up 2.8 percent from the end…
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Investment in Chinese real estate decreased by 15.9 percent in January-November 2025.In the period from January to November of this year, the total volume of real estate investments in China amounted to 7,8591 trillion yuan (1.11 trillion US dollars), which is 15.9 percent less than in the same period last year, which is 1.2 percentage points faster than the decline recorded in the…
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