Metallurgy news
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As of January-September, Hoa Phat has achieved more than 50 percent of its revenue and profit targets for 2025.Vietnamese steel giant Hoa Phat Group has announced financial results for the third quarter and the first nine months of 2025.In the third quarter, the company's revenue was 36.79 trillion dong ($1.39 billion), an increase of seven percent year-on-year, and net profit reached 4.01 trillion dong…
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Raspadskaya's report for 9M2025 according to RAS - a sharp dropBased on the results of January-September 2025, Raspadskaya received a net loss under RAS in the amount of 1.08 billion rubles - a rapid deterioration compared to a profit of 1.63 billion rubles for the same period in 2024. The company's revenue decreased by 10.8%, to 12 billion rubles, and the…
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UK Steel calls for decisive action on finance, energy and carbon reform in Budget 2025British trade body UK Steel has called on the government to act quickly in Budget 2025, setting out six key measures to restore competitiveness, cut energy costs and accelerate decarbonisation in its latest budget document. The association is calling for rapid provision of targeted funding and…
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Qatar Steel and Qatar Customs Authority to regulate scrap exportsQatar Steel has announced that it has signed a memorandum of understanding with the General Administration of Customs of Qatar, formalizing a partnership to establish controls and procedures aimed at limiting and regulating the export of scrap iron from the State of Qatar.Purpose and objectives of…
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Metallurgists criticize the work of RZh�Yesterday at the conference "Transport and Metallurgy - 2025" they talked a lot about the forced outflow of cargo to road transport.Senator from the Chelyabinsk region oleg Tsepkin reported that the share of transportation of metallurgical goods by rail this year fell by 8%, while by road, on the…
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India's Welspun Corp forecasts consolidated net profit growth of 53% in the second quarter of fiscal year 2025-2026India's Welspun Corp, a manufacturer of carbon steel pipes, ductile iron pipes and fittings, achieved consolidated net profit of INR 4.4 billion (USD 49.55 million) in the second quarter (July-September) of fiscal year 2025-26, up 53 percent from the corresponding quarter of the previous year, the…
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Net profit of Wujin Sustainable Steel Pipe decreased by 49.14 percent in January-September 2025Chinese stainless steel manufacturer Wujin Stainless Steel Pipe Group Co.,Ltd, based in Jiangsu Province, announced that for the period from January to September, its operating revenue was 1.718 billion yuan (0.24 billion U.S. dollars), down 17.79 percent from last year, and its net profit was…
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More materials from the museumAn interesting fact is that NLMK made and presented St. Petersburg with a Glory Column in 2003 on the occasion of its 300th anniversary, which is located near the Trinity Cathedral on Izmailovsky Prospekt.The cast-iron part in the form of copies of Turkish cannons was cast in Lipetsk. The entire…
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Shanxi Coking Coal's net profit decreased by 49.62 percent in January-September 2025Major Chinese coking coal producer Shanxi Coking Coking Coal Energy Group Co., Ltd announced operating revenue of 9.122 billion yuan (US$1.3 billion) between July and September this year, down 20.84 percent year-on-year, and net profit of 420 million yuan (US$59.2 million), down 52.24 percent less…
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Baosteel reported a net profit of 7.959 billion yuan for January-September 2025Major Chinese steel producer Baosteel announced that its operating revenue for the period from January to September this year was 232.436 billion yuan (32.7 billion U.S. dollars), down 4.29 percent from last year, and net profit was 7.959 billion yuan (1.12 billion U.S. dollars) for the period…
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