Metallurgy news

• The South Korean company Pan Ocean has concluded a contract for the transportation of goods by Vale $ 82 million South Korean navigable company Pan Ocean announced the signing of a five-year iron ore contract with the Brazilian manufacturer of iron ore Vale, strengthening its positions on the global wholesale transportation market. cost 113.6 billion South Korean won ($ 82,82 Milln), will operate from... 28.08.2025  16:00

• New car registrations in the EU decreased by 0.7 percent in January-July 2025 In July of this year, new passenger car registrations in the EU increased by 7.4 percent year-on-year to 914,680 units, according to the European Automobile Manufacturers Association ACEA.In this month, the French market (-7.7%) saw the sharpest decline, followed by Italy (-5.1%), while Spain... 28.08.2025  16:00

• Vinton Steel collaborates with Tenova for an advanced stove with a walking pod The American subsidiary of the Japanese manufacturer became Kyoei Steel Vinton Steel LLC instructed the Italian company Tenova to put a modern fire heating furnace, which is planned to be commissioned in the first half of 2027, together with the launch of Green Citymill Flex, a new melting... 28.08.2025  15:00

• Nippon Kinzoku develops environmentally friendly stainless steel STA for high precision applications The Japanese company Nippon Kinzoku Group has announced the launch of a new special tension annealing (STA) made of stainless steel, located under its series of eco-friendly products. The STA finish represents an innovation over conventional tensile annealing, providing higher dimensional... 28.08.2025  15:00

• Sword in the 1st half of the year increased the production of steel by 2%, reduced coal production by 28% The Mechel report at a loss is 40.5 billion p VS 15.9 million year earlier .... Mechel accepted to stop the production of unprofitable products. It continues to discuss with creditors options for reducing the load on the cash flow in 2025-2026 due to a change in the schedule for paying loans... 28.08.2025  15:00

• Anyang Steel received a net profit of 38.0583 million yuan for the first half of 2025 Chinese steel company Anyang Iron and Steel Co., Ltd. From the province of Henan, she announced that in January-June of this year she registered an operational revenue of 15.515 billion yuan ($ 2.2 billion), which is 12.09% less compared to the same period last year, and net profit amounted to... 28.08.2025  14:00

• Indian JSW Steel forms joint venture with Andhra Pradesh Mining Division to develop iron ore project India's JSW Steel Limited and Andhra Pradesh Mineral Development Corporation Limited (APMDCL), the mining arm of the government of Andhra Pradesh, have formed a joint venture to develop the Konijedu Marlapadu integrated iron ore project in Andhra Pradesh, the company said in a statement on... 28.08.2025  14:00

• Kocaer çelik expects to improve market conditions in 2026, investments will continue The Turkish manufacturer became Kocaer çelik showed strong results in the second quarter, and its net profit increased by 80 percent in the annual calculus of about 100 million Turkish lires, despite the difficult conditions in the global steel market. The steel company is aimed at 10 percent ... 28.08.2025  13:00

• Merrill Steel invests $32 million in new plant in Arkansas The American company Merrill Steel, a leading supplier of complex structural steel and thick-rolled products, has announced the establishment of its fourth manufacturing facility in the Midwest. The new plant will be located in Osceola, Arkansas, marking a significant expansion of the company's... 28.08.2025  13:00

• Turkish Hasçelik identifies green steel and innovation in the report on sustainable development for 2024 The Turkish steel company Hasçelik published its report on sustainable development in 2024, emphasizing its commitment to sustainable development as the main pillar of its business strategy. The company said that it seeks to ensure a holistic transformation on environmental, social and economic ... 28.08.2025  12:00