Metallurgy news
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Exports of scrap steel from Japan increased by 22.8% in January-October 2025According to customs statistics, in October of this year, exports of Japanese ferrous scrap amounted to 749,537 tons, which is 34.5% more than 557,091 tons in the same month of the previous year. In the period from January to October of this year, the country exported 6.42 million tons of scrap…
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India's SSTL has received environmental approval for the construction of a new steel mill in ChhattisgarhThe Indian company Sambhv Steel Tubes Limited (SSTL) has received environmental permits for the construction of a new steel project in the central state of Chhattisgarh, the company said in a statement released on Thursday, November 27.The approval covers the construction of a 700,000-ton-per-year…
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Canada unveils major new measures to protect and strengthen its steel industryThe new Government of Canada has announced a wide range of trade, industrial and labor measures aimed at protecting domestic producers, stabilizing employment and strengthening competitiveness in the steel sector.According to a statement released by the Office of the Prime Minister of Canada…
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Pingxiang Anyuan Steel to carry out maintenance on BF No. 1, 2 and 3Jiangxi Pprovince-based Pingxiang Anyuan Steel Industrial Co., Ltd., a wholly owned subsidiary of Fangda Group, will carry out a series of scheduled maintenance works at its No. 1, 2 and 3 blast furnaces in Anyuan District starting from December.The maintenance work is expected to last 25 days…
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The UK begins consultations on a scheme to reduce energy costsThe UK government has opened public consultations on the new British Industrial Competitiveness Scheme (BICS), aimed at reducing energy costs for relevant producers, starting in 2027.According to BICS, qualified enterprises, especially in sectors such as the steel industry, will be exempt from…
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Indian Hi-Tech limited begins production at steel pipe plant in GujaratIndia's Hi-Tech Pipes limited has commenced commercial production at its abandoned steel pipe plant in the western state of Gujarat, the company said in a statement on Thursday, November 27.The new facility expands the company's capabilities in the production of large diameter ERW pipes, hollow…
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Indian Railways is set to introduce a new freight transportation policy for the steel sector.Indian national carrier Indian Railways (IR) is preparing to introduce a new freight transportation policy specifically designed for the steel sector, government sources said on Thursday, November 27. The upcoming structure will reflect the cost-effective freight structure currently offered to the…
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Codelco has offered Chinese copper buyers a record high premium of 350 per tonne over LME prices for 2026 contracts.Meanwhile, a total of 89% surcharge was agreed for 2025In the opinion of our channel's analysts, the rise in copper prices highlights recent supply disruptions at large mines (which led to a persistent negative TC/RC spot in China in 2025, as well as steady demand trends worldwide. Taking into…
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Yukun Steel Group launches modernized facilitiesOn November 24, the Chinese steel company Yukun Steel Group, located in Yunnan province, fully launched its modernized facilities after implementing a capacity replacement and modernization project. The project was implemented over five years with a total investment of 23 billion yuan ($3.2…
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The gross profit of Chinese metallurgical enterprises in January-October amounted to 105.32 billion yuanIn January-October of this year, the ferrous metals smelting and rolling sector in China recorded a gross profit of 105.32 billion yuan ($14.8 billion), compared with a gross loss of 23.32 billion yuan recorded in the same period last year, as announced by the National Bureau of Statistics of China…
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