Metallurgy news

• Sword in the 1st half of the year increased the production of steel by 2%, reduced coal production by 28% The Mechel report at a loss is 40.5 billion p VS 15.9 million year earlier .... Mechel accepted to stop the production of unprofitable products. It continues to discuss with creditors options for reducing the load on the cash flow in 2025-2026 due to a change in the schedule for paying loans... 28.08.2025  15:00

• Anyang Steel received a net profit of 38.0583 million yuan for the first half of 2025 Chinese steel company Anyang Iron and Steel Co., Ltd. From the province of Henan, she announced that in January-June of this year she registered an operational revenue of 15.515 billion yuan ($ 2.2 billion), which is 12.09% less compared to the same period last year, and net profit amounted to... 28.08.2025  14:00

• Indian JSW Steel forms joint venture with Andhra Pradesh Mining Division to develop iron ore project India's JSW Steel Limited and Andhra Pradesh Mineral Development Corporation Limited (APMDCL), the mining arm of the government of Andhra Pradesh, have formed a joint venture to develop the Konijedu Marlapadu integrated iron ore project in Andhra Pradesh, the company said in a statement on... 28.08.2025  14:00

• Kocaer çelik expects to improve market conditions in 2026, investments will continue The Turkish manufacturer became Kocaer çelik showed strong results in the second quarter, and its net profit increased by 80 percent in the annual calculus of about 100 million Turkish lires, despite the difficult conditions in the global steel market. The steel company is aimed at 10 percent ... 28.08.2025  13:00

• Merrill Steel invests $32 million in new plant in Arkansas The American company Merrill Steel, a leading supplier of complex structural steel and thick-rolled products, has announced the establishment of its fourth manufacturing facility in the Midwest. The new plant will be located in Osceola, Arkansas, marking a significant expansion of the company's... 28.08.2025  13:00

• Turkish Hasçelik identifies green steel and innovation in the report on sustainable development for 2024 The Turkish steel company Hasçelik published its report on sustainable development in 2024, emphasizing its commitment to sustainable development as the main pillar of its business strategy. The company said that it seeks to ensure a holistic transformation on environmental, social and economic ... 28.08.2025  12:00

• Kobe Steel is partnering with Samling to create a supply chain for black pellets Japanese steel company Kobe Steel has announced the signing of a strategic agreement with Malaysian company Samling to jointly develop the production and sale of black pellets, a next-generation raw material designed to reduce carbon emissions from both steel and electricity production.The move... 28.08.2025  12:00

• European business Tata Steel to clash with the US Tariff, but does not affect the Indian market The introduction of 50 percent tariffs for imports from India by the Trump administration will affect the European business Tata Steel limited, but in a statement on Thursday, August 28, this will not affect its Indian operations. Nevertheless, the international market has become not very good,... 28.08.2025  11:00

• Manufacturers of Indian medical devices have cautiously rejected production failures and mandatory steel quality certification. Manufacturers of Indian medical devices are warning that recently implemented mandatory quality certificates for steel products risk creating shortages of critical products, disruptions in healthcare supplies and loss of export opportunities, the Association of Indian Medical Devices reported on... 28.08.2025  11:00

• The US Treasury has generously extended the exemptions for the import of Russian diamonds, but it's not that simple. September 1st is approaching. Then the license (permission) to import the so-called "grandfather" Russian diamonds to the United States expires, that is, those stones that have long been exported from the Russian Federation, have not received a cut, but are stuck somewhere. Now the US Treasury has... 28.08.2025  11:00