Metallurgy news
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Domestic prices of Turkish metal producers increased by 2.62% in October 2025 compared to SeptemberAccording to statistics published by the Turkish Statistical Institute (TUIK), in October this year, the domestic producer price index (PPI) for the Turkish industry as a whole increased by 1.63 percent month-on-month and by 27.0 percent year-on-year, while an average increase of 25.49 percent was…
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Conditions in the European cotton roll market will become tougherThe situation is changing due to production disruptions and import restrictionsIn particular, on October 25-26, a fire broke out at the Marcegaglia plant in Ravenna (Italy), one of the company's three cold–rolled coil production facilities. This incident led to a production shutdown. However, the…
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https://www.fastmarkets.com/events/middle-east-iron-steel/The Middle East Iron & Steel Conference 2025 is the premier meeting of the leaders of allValue chains - mining, metals, decarbonization and advanced technologies - to solve pressing problems. With changing trade routes and growing demand for green steel, the three-day event provides critical insights, networking opportunities and technology knowledge sharing. The region's leading…
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DIRECTOR OF ECONOMICS AND FINANCE, Montenegrin Mining CompanyThe Greenfield project, EPC contract. The construction of a new mining and processing plant in Norilsk is currently underway. The commissioning of the facility is scheduled for 2027.The experience of working in a similar role for at least 5 years on large mining projects is important, as well as…
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Hyundai Steel Earned Higher Operating Profit for 3Q 2025 on Lower CostsSouth Korean steel company Hyundai Steel (Hyundai) announced financial results for the third quarter of this year.Accordingly, Hyundai Steel posted a net profit of 18 billion Korean won ($12.59 million) for the third quarter of this year, compared with a net profit of 16 billion Korean won in the…
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Producer prices in French industry decreased by 0.2 percent in September 2025 compared to AugustIn September of this year, producer prices in French industry decreased 0.2 percent month-on-month and rose 0.1 percent year-on-year, according to statistics released by France's National Institute of Statistics and Economic Research (INSEE). Producer prices for industrial products in France rose…
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Japanese company JFE Bars & Shapes expands its portfolio with a new green steel productJFE Bars & Shapes Corporation, a subsidiary of Japanese steel manufacturer JFE Steel Corporation, announced the launch of a new eco-friendly steel brand, Eco-L ®, developed as part of the company's ongoing decarbonization strategy.Promoting renewable energy and circular steel productionThe Eco-L ®…
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Spain's Tubacex sees mixed results as third-quarter profit dropped by 86%, but January-September profit rose.Spanish manufacturer of seamless stainless steel pipes Tubacex has announced its financial results for the third quarter and the first nine months of this year.In the quarter, the company's sales revenue was €164.4 million, down 3.9%, while its net profit was €1.1 million, down 85.7% year-on-year…
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TCUD: It is important to increase capacity utilization in Turkey and remain competitive in the current environmentAccording to a statement released by the Turkish Steel Association (TCUD), Turkey's crude steel production increased by 7.2 percent year-on-year to 3.19 million tons in September this year, maintaining its position as the world's seventh-largest steel producing country, while in the first nine…
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Vallourec to supply seamless linear pipes for Orca deepwater field in BrazilFrench pipe manufacturer Vallourec has announced the conclusion of an important contract with the British oil and gas company TechnipFMC for the supply of linear pipes for the Orca deepwater field (formerly known as Gato do Mato) in the Brazilian Santos basin.The comprehensive contract covers the…
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