Metallurgy news
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Turkey's base metals capacity utilization in November 2025 from OctoberAccording to preliminary data released by the Central Bank of Turkey, the capacity utilization rate of the Turkish base metals industry was 75.3 percent in November this year, up from 74.7 percent recorded in the previous month, while the capacity utilization rate of the Turkish base metals…
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Hyundai Steel will supply low carbon steel to South Korea's expanding national electricity grid.South Korean steel company Hyundai Steel has announced the signing of a memorandum of understanding with the Korean Electric Power Corporation (KEPCO) and the Korean Cooperative of Electrical Manufacturers to ensure stable supplies of low-carbon steel for the large-scale expansion of South Korea's…
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Russia's Severstal has begun construction of a new heat recovery plantThe Russian steel company Severstal has announced the start of construction of a heat recovery plant (UTPP) at the Cherepovets Metallurgical Combine (CherMK), its flagship production site. The project aims to expand the company's own energy capacity by converting blast furnace gas into electricity…
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Iron ore shipments are growing amid stable demand for cargo and a limited supply of ships.Freight shipments of iron ore on key dry cargo routes in the Capsize class and small vessel segment increased in the week ending November 21, 2025. Although cargo demand in China remained stable rather than aggressive, freight activity stabilized and ship availability decreased, which helped…
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Czech steel sector urges government to act as Germany introduces subsidized electricity tariffThe Czech-Slovak Association of Steel Producers and Processors Ocelářská unie issued a sharp warning about the deterioration of the situation in the European steel market, stressing that the new subsidized electricity tariff in Germany, which is due to enter into force in January 2026 and which…
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The EU could provide 10-15 million tons of high-quality scrap through ship recyclingA new report from Belgian NGO Shipbreaking, Belgian think tank Sandbag and Tuscia University highlights that Europe's transition to low-carbon steel is largely dependent on the availability of high-quality ferrous scrap. While the EU already recycles large volumes of steel, pollution levels…
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China expands restrictions on BHP iron ore salesThe Chinese state-owned iron ore trading unit of China Mineral Resources Group (CMRG) has reportedly ordered Chinese steel mills and traders to stop purchasing shipments of a second iron ore product from the Australian mining company BHP Group - in particular, low-grade "Jinbao fines," according to…
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Manganese ore shipments through Port Hedland rose 45.1 percent in October 2025 compared to SeptemberIn October this year, manganese ore shipments from Australia's Port Hedland totaled 152,408 metric tons, up 45.1% month-on-month and 49.4% year-on-year, according to monthly data released by the Port Hedland Port Authority.China, meanwhile, accounted for 68.9% of the total for the month volume of…
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East Asian ferrous scrap imports show mixed trends across key geographic regions in 9MCY25Regional trends for ferrous scrap in East Asia have been mixed, with Vietnam and Taiwan experiencing sharp declines in imports due to weak steel demand, high inventories, and cheaper alternatives. South Korea also fell year-on-year, despite a short rise driven by restocking. Meanwhile, Thailand…
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China Railway freight traffic grew by 3% to 3.378 billion tons in January-October 2025China Railway Group announced that in January-October this year, total freight volume was 3.378 billion tons, up 3.0 percent year-on-year and reaching a record level in the first 10 months of the year.In the first ten months of this year, China Railway completed coal shipments totaling 1.732…
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