Metallurgy news
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Thyssenkrupp Steel reaches restructuring agreement with IG Metall, clearing final hurdlesGerman steelmaker Thyssenkrupp Steel has announced a collective restructuring agreement with union IG Metall and employee representatives, marking a decisive breakthrough in the company's multi-year transformation program.The agreement covers the alignment of interests, a social plan and several…
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Taiwan's CSC reports an operating loss for January-October 2025China Steel Corporation (CSC), Taiwan's largest steelmaker, has announced preliminary financial results for the first 10 months of this year.In October, the company's sales of carbon steel amounted to 611,915 tons, while in January-October, sales of carbon steel amounted to 6.17 million tons.In…
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On November 14, the Minex Mining Club held a panel discussion on financing major projects after 2022.• Andrey Melnikov (Russian Titan),• Igor Svintitsky (OERN),• Ekaterina Serebryannikova (VEB.RF),• Egor Kuleshov (CMT Consulting),• Roman Shchetinsky (GV Gold),• Denis Burdin (GKZ, CCR).The participants noted that project financing requires careful project preparation and audit reports from…
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Average new home prices in 100 Chinese cities increased by 2.68% in November 2025In November of this year, average new home prices in 100 major Chinese cities totaled 17,036 yuan/square meter ($2,408/sq.m.), an increase of 0.37 percent month-on-month, with an increase of 2.68 percent year-on-year, as announced by the CIA, the largest independent real estate research…
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Passenger car sales in India show steady growth in November amid tax cutsPassenger car sales in India, represented by shipments from manufacturers to dealers, showed steady growth in November 2025 as the reduction in Goods and Services Tax (GST) in October continued to boost demand, data released by various companies showed on Tuesday, December 2.The largest passenger…
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The Indian company MOIL Limited raises prices for most grades of manganese ore with delivery in December 2025The Indian state-owned manganese ore mining company MOIL Limited has raised prices for most grades of ore for delivery in December, according to a company statement on Tuesday, December 2.The price of ferromanganese ore with a Mn content of 44 percent or higher has been increased by three percent…
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Indian NMDC Limited predicts an 11% increase in iron ore production in November 2025Indian state-owned mining company NMDC Limited achieved iron ore production of 5.01 million tons in November 2025, up 11 percent from the corresponding month of the previous year, the company said in a statement on Tuesday, December 2.The company reported total sales of 4.17 million tons, which is…
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The CEO denied rumors of a technical failure at Bolivian El MutunBolivia's El Mutun steel complex halted operations just two weeks after opening, prompting rumors of technical problems and local media claiming it was a white elephant. Jorge Alvarado Rivas, the complex's general manager, announced that equipment testing had been completed successfully and all…
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He plans to sell his non-core asset, which holds a gold mining license in the Trans-Baikal Territory.Norilsk Nickel plans to sell its non-core asset (the Shirinskoye company), which holds a gold mining license at the Bystrinsko-Shirinsky deposit in the Trans-Baikal Territory.The license area is adjacent to the subsurface area where the Bystrinsky polymetallic ore deposit (including copper, iron…
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Congratulations to our IT colleagues from the industry! All-Russian rating of employers' IT brands 2025Habr and ECOPSI have completed another large-scale study and compiled a new rating of employers' IT brands. The IT market is storming: if 2024 was remembered for record budgets and the influx of new players, now the wave has subsided: there are almost no new employers, and competition has…
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