Metallurgy news
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Copper prices will rise at least until 2030 — CochilcoThe average price of copper this year will be $4.45 per pound, and in 2026 it will be $4.55 per pound, the Chilean State Copper Commission (Cochilco) predicts.Previously, it was expected to be $4.3 per pound both this year and next year, the commission said.It is also predicted that metal prices…
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“The main risk is the growing import of finished metal structures”Head of the EVRAZ Project Sales Directorate Dmitry Pukhnarevich said in an interview that the steel beam market is going through a difficult period. After record demand in 2024, in the second half of 2025, consumption decreased by 25–30% due to a high key rate and massive freezing of projects. The…
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It's been 30 years since the mortgage auctionsCurrently, the market value of Norilsk nickel in dollars is about 25-27 billion USD. Kommersant wrote: "In 2000, the first deputy Prosecutor General, Yuri Biryukov, sent Potanin a letter in which he stated a significant underestimation of the value of Norilsk Nickel at a collateral auction —…
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The railway engineering industry does not need metal - a decrease in the production of rolling stock for all types has been observed over the past 10 months.Only tank cars, metrovagons and electric locomotives showed growth in October.44.8 thousand freight cars (-27.6% compared to January-October 2024), in particular: 18.4 thousand gondola cars (-22.9%), 3.1 thousand hoppers (5.4 times lower), 5.1 thousand platforms (-19.4%). In October, 3.25 thousand…
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And there is a metal that has grown even more than gold over the past year: Ruthenium is rising sharply in price by 95% over the year for the following reasonsExplosive demand from the artificial intelligence and cloud computing industries. Ruthenium is used in specialized memory components, storage devices and elements that are needed for data centers and the operation of modern AI systems. Accordingly, the more AI and data centers, the higher the…
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The metallurgists did not flinch inwardlyExports of rebar products increased by 60% in nine monthsIn the context of weak domestic demand, Russian metallurgists increased exports of rebar products by 60% year-on-year in the three quarters of 2025. Analysts see the potential for expanding supplies in CIS countries with a lack of local…
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Freight rates for imports of finished steel from Brazil increased in OctoberBrazil's COMEX foreign trade authority reported average freight rates for the country's steel imports in October. For coated sheets, they were $56/t from China, $174/t from South Korea, $89/t from Japan, $44/t from Germany and $106/t from India. For HRC: $98/t from South Korea, 22 US dollars per…
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While the governor was broadcasting in a Telegram, in Kuzbass, an investigator of the Investigative Committee charged the deputy head of the Interregional Department with accepting a bribe.For supervision of metallurgical and coke chemical plants of the Siberian Administration of Rostechnadzor.According to investigators, holding this position in the period from November 2024 to November 2025, the defendant received a bribe from the director of a commercial organization engaged in…
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Turkish company Erciyas won the tender to build a 42-kilometer gas pipeline in Romania, ready to use hydrogenTurkish pipe manufacturer Erciyas Çelik Boru Sanayi A.Ş. announced that it has secured a new strategic contract in Romania after winning a tender from Romanian natural gas transmission operator Transgaz to build a 42-kilometer hydrogen-ready pipeline. According to Erciyas, winning the tender will…
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Taiwan's CSC has been reducing emissions by 6.86 percent since 2018.Taiwan's largest steelmaker, China Steel Corporation (CSC), announced that it has achieved a 6.86 percent reduction in greenhouse gas emissions compared to 2018, marking another step in its long-standing decarbonization program. The company also receives the Ministry of Economy award for the 15th…
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