Metallurgy news
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Russian steel exports to grow by 19 percent in 2025 due to falling domestic demandAccording to local media reports, Alexey Sentyurin, president of the Russian Steel Association, said that the country's steel exports are projected to grow by 19 percent in 2025, reaching approximately 24 million tons, compared with 20 million tons in 2024.The upward revision follows the lifting of…
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Exports of iron ore from Ukraine decreased in OctoberData on Ukraine's foreign trade showed a slight decrease in the total volume of iron ore exports in October this year compared to the same period in 2024, mainly due to lower sales to China, the main buyer. Meanwhile, exports in the first ten months also decreased year-on-year.In October, Ukraine…
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Simandou iron ore project begins in GuineaAt a ceremony in Forecaria Prefecture, President of the Republic of Guinea Mamadi Doumbouya joined project partners Winning Consortium Simandou (WCS) and SimFer to mark the start of work at Simandou, Africa's largest integrated mining and infrastructure project, according to a press release from…
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The Turkish company IDC reported a decrease in net losses and an increase in revenue in January-September 2025Turkish valve manufacturer Izmir Demir Çelik Sanayi A.Ş. (IDC) has announced financial and operating results for the first nine months of 2025.During the period, the company reported a net loss of 621.70 million Turkish liras ($14.72 million), compared with a net loss of 4.50 billion Turkish liras…
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Base metal turnover in Turkey increased by 1.8 percent in September 2025 compared to AugustAccording to data released by the Turkish Statistical Institute (TUIK), in September of this year, Turkey's monthly industrial turnover index increased by 2.8 percent compared to the previous month, while the calendar-adjusted index increased by 30.5 percent compared to September 2024.In this…
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Fortescue provides $45 million in ARENA funding to promote solar technology in the PilbaraThe Australian Renewable Energy Agency (ARENA) has announced that it has approved financing of up to A$45 million for the new solar innovation center of the Australian mining company Fortescue Metals Group in the Pilbara region of Western Australia.The center will act as a 500 MW testbed as part of…
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We invite suppliers of digital solutions for the mining and metals industry to consider participating in the business program and exhibition of the key event for digitalization directors and IT managers of industrial enterprises“Seymartec Digital. Digital transformation in mining, metallurgy, energy and oil and gas industries - 2025"November 25-27, 2025, Radisson Blu Hotel, Chelyabinsk.Participants include Dalur, RMK, EVRAZ, UMMC, Polyus, Rusal, UMMC, Apatit, SGK, Alrosa and more than 100 enterprises that are looking for…
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The net profit of Indian MOIL Limited in the second quarter of fiscal year 2025-26 increased by 41%The Indian state-owned manganese mining company MOIL Limited achieved a net profit of 704.40 million Indian rupees ($7.95 million) in the second quarter (July-September) of the 2025-26 fiscal year, which is 40.9% more than in the corresponding quarter of the previous year, the company said in a…
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BHP completes transfer of Mount Arthur land to Malabar ResourcesThe Australian mining company BHP Billiton has announced the legal transfer of approximately 3,700 hectares of its coal mine on Mount Arthur to the Australian company Malabar Resources. The move is part of BHP's plan to responsibly wind down operations at Mount Arthur by 2030, while ensuring…
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Germany's energy-intensive industries require long-term competitive electricity pricesGermany's Energy Intensive Industries (EIP) have called for a long-term, sustainable solution to ensure competitive electricity prices, warning that persistently high electricity costs are undermining competitiveness and investment confidence.According to the joint industry platform…
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