Metallurgy news
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Retail sales of passenger cars in China will reach 2.3 million units in November 2025Retail sales of passenger cars in China are likely to reach 2.3 million units this November, as announced by the China Automobile Dealers Association. In November, manufacturers and dealers struggled to meet their annual targets.The Double 11 car purchase campaign, the launch of the Guangzhou Auto…
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China is considering new measures to support its troubled property market as the slump in sales and prices deepens in the second half of 2025Beijing is considering the possibility of providing subsidies for mortgages (for the first time throughout the country), increasing tax deductions for mortgages and reducing transaction costs.Although the timing and exact list of measures to be implemented have not yet been determined, this step…
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Seligdar . It's too complicated!Seligdar has released a report for 9 months of 2025. The half-year report was terrible, but we did a better job in the 3rd quarter, but we still have no desire to get into this!What's in the report— Revenue and operating profit. Gold on the hay (29% in terms of prices) sales growth (14%), so…
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Exports of niobium ferroalloys from Brazil increased slightly in OctoberBrazil exported 8,531 tons of niobium ferroalloys in October versus 8,421 tons in September, according to SECEX data. Exports in October were sent to Asia (6,434 tons, of which 4,511 tons at $27,264/ton to China), the USA (1,167 tons to China). US$26,640 per tonne), Europe (873 tonnes at US$28,563…
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Which countries have the most gold reserves?As of 2024, the United States and Europe account for more than 60% of the world's gold reserves.China added 331 tons between 2019 and 2024, bringing the total to 2,280 tons.India, Poland and Turkey saw significant growth between 2019 and 2024.Russian Central Bank reserves in TOP 5. China's gold…
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Russian ports have a double capacity reserveThe demand for export transportation and the surplus of maritime infrastructure prevail over the capabilities of the railway. Irina olkhovskaya, General Director of Universal Logistics LLC (managed by JSC Rosterminalugol), spoke about this on the sidelines of the Transport of Russia forum.The…
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Brazil's steel production declined in OctoberBrazilian production of unrefined steel reached 2.988 million tons in October 2025, which is comparable to 3.070 million tons in October 2024, according to the Brazilian Steel Institute IABr.For comparison, the production of rolled products decreased by 6.1 percent to 1,998 million tons, while the…
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Indian company Jai Raj Ispat launches new rebar mill supplied by DanieliItalian steelmaker Danieli Technologies has announced that Indian steelmaker Jai Raj Ispat limited has successfully completed the first quality test of its thermomechanically treated rebar mill located at the Orvakal Mega Industrial Hub in Andhra Pradesh. According to Danieli, the testing was…
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Exports of welded pipes from Turkey increased by 0.6 percent in January-September 2025In September of this year, exports of welded pipes from Turkey totaled 242,963 metric tons, up 31.1 percent from August and 14.0 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, revenue from these exports totaled $208.37 million…
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Merafe Resources warns of shutdowns as electricity tariffs threaten ferrochrome productionSouth African ferrochrome producer Merafe Resources has announced that the Glencore-Merafe Chrome Venture has engaged extensively with ministries, trade unions and employees over the past three months to stabilize energy-intensive ferrochrome production operations.However, no viable tariff…
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