Metallurgy news

• Severstal will not distribute dividends for the second quarter of 2025 Today the company reported for the first half of the year. Net profit decreased by 55% and revenue by 11%. Sales of steel products increased by 6%.The market conditions are not the best for ferrous metallurgy companies. The economy is slowing down. Loading of ferrous metals on the Russian Railways... 21.07.2025  12:00

• Severstal's operational and financial results for the 2nd quarter of 2025 Key results:Revenue – 185,477 millionEBITDA – 39,291 millionInvestments – 43 524 millionProduction:Cast iron – 2,696,000 tons.Steel – 2,504 thousand tons.Sales:Steel production – 2,788 thousand tons.GVA products – 1,412 thousand tons.Iron ore – 596 thousand tons.Alexander Shevelev, CEO of Severstal:... 21.07.2025  12:00

• Bolidene increased metal production, but the profit fell sharply The Swedish company Boliden non-ferrous metal company in the second quarter of 2025 reduced operating profit, which turned out to be worse than expected. according to the company’s press release, the profit in April June amounted to 1.094 billion Swedish crowns ($ 112.1 million) compared to 4... 21.07.2025  12:00

• The 14 people in Yakutia were killed. The shift bus broke off the cliff In Yakutia, an accident occurred. In the Neryungrinsky district, a bus, transporting employees of the enterprise, moved from the highway on the Denisovsky technological road, moved from the highway. The driver of the Kamaz-Vakhtovka car lost control and made a congress. The car fell from a cliff... 21.07.2025  10:00

• Metals, technologies and geopolitics — digest for the second quarter of 2025 Platinum is getting more expensive, China is increasing imports of nickel and copper from Russia, and scientists are bringing the era of affordable superconductors closer. These and other events are in our digest.Against the background of the conflict in the Middle East, prices for platinum,... 21.07.2025  10:00

• World scrap consumption in the first quarter decreased in most regions The decline in the indicator was recorded in China, the USA, the EU, Japan, South Korea and Turkey, while in India there was an increase in in the first quarter of 2025, world consumption of ferrous metal scrap decreased in most key regions. According to the World Summarian Association (BIR),... 21.07.2025  08:00

• The metallurgists of Donbass are in distress, therefore they demand to introduce a quota of 25% for the purchase of their products by Russian enterprises and builders. Valery Sherin, CEO of YUGMK Soyuzmetallservice management company, announced a critical reduction in demand. In 2025, the reduction will be at least 10-15%, and at least 5 million tons of metal in annual volumes will remain unclaimed. In addition, the situation is aggravated by lower product... 21.07.2025  08:00

• Russia proceeds to post -industrialization, but with raw material dependence The study of the ITP Urbanik (based on industrial enterprises of the Russian Federation) showed that the Russian economy is gradually moving into a post -industrial stage. Large cities are already less dependent on factories, and small cities are still holding on to traditional industry.... 21.07.2025  08:00

• The Communist Party deputy Nikolai Arefiev proposed expanding the wave of nationalization on assets of billionaires A wave of nationalization of private enterprises in the Russian Federation should be expanded on assets of the richest billionaires of the country, said the deputy chairman of the State Duma Committee on Economic Policy Nikolai Arefiev. According to Arefyev, the oligarchs “accumulated 25 billion” o... 21.07.2025  07:00

• We are separated by hundreds of kilometers, we are different, but we are united by what we do together one big business! Metallurgist's Day is a holiday that unites everyone who, with their labor, skill and devotion, creates the future of our company. Today, the leaders of our assets and colleagues from all enterprises congratulate the plant on the 70th anniversary. After all, Chermk is not just a plant, but the... 20.07.2025  21:00