Metallurgy news
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China will begin reconstruction of 24,300 old city neighborhoods in January-September 2025Between January and September this year, China began new construction work to renovate 24,300 old city blocks, as announced by China's Ministry of Housing and Urban-Rural Development (MOHURD).The full goal for 2025 is to start renovating 25,000 old city blocks.
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Taigan stainless Steel went from loss to profit in January-September 2025Chinese steel company Taigang Stainless Steel Co., Ltd (Taigang Stainless Steel) from Shanxi Province released a financial report for the period from January to September this year, saying that its operating revenue for the period amounted to 68.004 billion yuan (9.6 billion U.S. dollars), which is…
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Exports of plates from Brazil increased in OctoberBrazil exported 21,000 tons of plates in October, up from 5,500 tons in September, according to SISCOMEX. September exports were headed to Europe (16,100 tons at $615 per ton) and South America (4,900 tons at $662 per ton), shipped by Gerdau (16,100 tons). at $615/t), ArcelorMittal (2,600 t at…
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Creditors demanded 5.5 billion from the distressed Spiridonovskaya mineThe Spiridonovskaya mine, which somehow resumed coal production in November, has received demands from 41 organizations in total. The largest amounts were declared by Ural Steel JSC for 2.38 billion rubles and the Moscow JSC "Infinity Capital" for 1.75 billion for unfulfilled obligations under the…
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There are no excess incomes for a long time, and the excise tax was and is being paid - according to the same formula and the same cut-off price as at the startDespite the fact that during its operation, the cost of the Big Five increased by an average of 30%.This approach of regulators, coupled with emerging macroeconomic factors and strict monetary policy, in addition to the indicated quantitative losses, entails a qualitative degradation of domestic…
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Russian metallurgists are discussing a proposal to introduce an excise tax on imported steelWe are still thinking, thinking about how to implement the idea. But the point is simple - since the state has introduced an excise tax for national producers, it is logical that the competitive conditions should be the same for everyone. Because otherwise it turns out that manufacturers in Russia…
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Thailand imposes AD tariffs on I-beams from ChinaThe Anti-Dumping and Subsidy Review Committee of the Ministry of Commerce of Thailand announced that it has made a final decision to investigate the anti-dumping duty (AD) on hot-rolled I-beam structural steel imported from China. The investigation was launched on November 4, 2024.The Ministry…
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Exports of finished flat rolled stainless steel from Indonesia increased by 7% in January-September 2025 amid strong demand in AsiaAccording to BigMint data, exports of finished flat rolled stainless steel from Indonesia in January-September 2025 amounted to 2.39 million tons, which is seven percent more than 2.24 million tons in the same period of 2024. This growth reflects a steady recovery in demand in key Asian markets and…
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Exports of wire rod from Brazil fell in OctoberExports of wire rod from Brazil reached 10,100 tons in October versus 27,300 tons in September, according to the SECEX foreign trade agency.Destinations in October were the United States (4,400 tons at a price of $423 per ton), the Dominican Republic (3,100 tons at a price of $565 per ton), South…
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Metinvest increased the output of steel, BPI and billets in the third quarter, the final production decreased slightlyThe Metinvest Group, headquartered in Ukraine, has published its operating results for the third quarter of 2025, reporting significant year-on-year growth in steel, raw materials and semi-finished products production. However, production volumes in the period from January to September mostly…
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