Metallurgy news
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Vale revises production forecastBrazilian mining company Vale has published updated production forecasts for the coming years. Iron ore production is projected to reach 335 million tons in 2025, grow from 335 to 345 million tons in 2026, and reach 360 million tons by 2030.The volume of agglomerated products is expected to reach…
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China's leading copper smelters have agreed to cut production by more than 10% year on year in 2026 amid ongoingReductions in concentrate supplies, SMM reports, citing negotiations between the procurement team at Chinese factories. As a reminder, spot TC/RCs in China turned negative in mid-2025 on the back of recent supply disruptions at major mines.In addition, China's plans to expand new smelting capacity…
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Global Toyota car production increased by six percent in January-October 2025Japanese automaker Toyota Motor Corporation announced that its global vehicle production increased 3.8 percent year-on-year to 926,987 units in October this year. In particular, the company's domestic production increased by 6.8 percent to 326,832 units, while its foreign output increased by 2.2…
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The Hydra project, powered by hydrogen, becomes a key factor in the complete decarbonization of TarantoThe decarbonization plan of the former Ilva steelworks in Taranto in southern Italy has taken another step forward thanks to an industrial testing facility located at the Hydra site in Castel Romano (Rome). During Industry Minister Adolfo Urso's visit to the site, the Italian low-carbon steel…
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EUROFER: Apparent use of steel will decrease in the second quarter of 2025 amid weak demand from end usersAccording to the report of the Economic Committee of the European Steel Association (EUROFER) "Review of the economy and the steel market for 2025-2026/Q4 2025", in the second quarter of 2025, apparent steel consumption in the EU-27 amounted to 34.3 million tons, which is 1.8 percent less than in…
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Ukrainian Zaporizhstal expects steel production to increase by 10.9% in January-November 2025Ukrainian metallurgical plant Zaporizhstal, owned by Metinvest, announced production results for November and the first 11 months of 2025.In November, Zaporizhstal produced 309,100 tons of pig iron, 273,200 tons of crude steel and 251,300 tons of finished steel, an increase of 19.1%, 20.2% and…
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The German company Feralpi Stahl provides long-term energy supply from Axpo for EDP operationsGerman steelmaker Feralpi Stahl has signed a long-term electricity supply contract with Swiss energy supplier Axpo to operate its electric arc furnace (EDP) at the Riese plant in Saxony.The full supply contract, which will enter into force in January 2026, is designed for peak loads exceeding 100…
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UK Steel warns of scrap shortage as domestic EDP capacity expands and calls for strengthening scrap supply chainA new report from the UK-based UK Steel trade association and the circular steel subcommittee of the association warns that the UK is facing a critical shortage of scrap metal as the capacity of domestic electric arc furnaces (EDPS) increases.Although the UK produces about 10 million tons of steel…
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Canadian Algoma Steel has issued 1,000 layoff noticesThe Canadian steel company Algoma Steel has initiated the layoff of approximately 1,000 workers at its Sault Ste plant. Marie's object. According to a company statement published in the Canadian press, the company attributed this decision to a combination of high tariffs in the United States and…
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Concessions and government contracts: incentives, opportunities, and scenarios for infrastructure developmentMany copies have been broken in the dispute over which is more effective than PPP or government procurement, and it would seem that the advantages of both mechanisms are obvious. However, taking into account the trends towards increased control over budget spending and revision of plans for the…
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