Metallurgy news
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MOC: The average price of rebar in China decreased by 0.7 percent from November 3 to November 9, 2025The Ministry of Commerce of China (MOC) announced that the average price of finished steel in China decreased slightly from November 3 to 9 this year.During this period, the average prices of hot-rolled steel strip, rebar and high-speed wire rod decreased by 0.8%, 0.7% and 0.5% per week…
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Exports of steel sheets/plates from China decreased by 3.5 percent in January-October 2025According to the Chinese customs authorities, exports of steel sheet/rolled steel products in China in January-October this year amounted to 60.45 million tons, which is 3.5 percent lower compared to the same period last year.In October alone, China exported 5.97 million tons of steel sheet/rolled…
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China Shenhua Energy's coal sales fell 8.2 percent in January-October 2025China's largest coal miner China Shenhua Energy Co., Ltd said its coal sales totaled 352.5 million tons between January and October this year, down 8.2 percent year-on-year. During the period, China Shenhua Energy produced 277.3 million tons of coal, down 1.1 percent year-on-year.In October this…
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China Coal Energy's Coal sales fell by 8 percent in January-October 2025China Coal Energy Co., Ltd, a major Chinese coal mining company, announced that in October this year it produced 11.44 million tons of coal, up 0.9 percent from last year, and sold 21.88 million tons of coal in this month, down 12.8 percent from last year.In particular, in October, the volume of…
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From the latest Heraeus 1 report. GoldThe price of gold rose last week, briefly breaking the $4,200 per ounce mark. Investors remain interested in gold amid the uncertainty surrounding the US dollar exchange rate.2. Silver:Silver showed significant growth, increasing by 6% over the week and approaching the gold to silver ratio of 79:1…
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CSPA responds to Canadian federal budget reformCatherine Cobden, president and CEO of the Canadian Steel Producers Association (CSPA), released a statement regarding Canada's federal budget.According to CSPA, she supports the government's "vision to stimulate investment, develop significant projects and strengthen transportation corridors to…
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Car production increased in Brazil in OctoberAccording to Anfavea, car production in Brazil reached 247,800 units (cars, trucks and buses) against 243,400 units in September.Domestic sales increased by 7.2 percent to 260,700 units, while exports decreased by 22.7 percent to reach 40,600 units.When compared to October 2024, production in…
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US rig count increases, Canada rig count decreases - Week 47 of 2025Baker Hughes reported that the number of U.S. rotary drilling rigs increased by 1 to 549 for the week ended November 14, 2025.The number of gas drilling rigs decreased by 3 to 125 and the number of oil drilling rigs decreased by 1 to 420. The total number of U.S. drilling rigs decreased by 35 rigs…
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U.</p><p>S. Crude Steel Production Decreased 0.7 Percent - 47th Week of 2025According to the American Institute of Iron and Steel (AISI), for the week ending November 15, 2025, domestic production of raw steel in the United States amounted to 1.745 million net tons, and the capacity utilization rate was 76.2 percent.Production for the week ending November 15, 2025…
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Al Yamamah Steel is participating in an $80 million capital increase for the subsidiary to promote the billet production plant project.Saudi Arabian steel producer Al Yamamah Steel Industries Co. has announced that it will participate in a planned capital increase for its subsidiary Al Yamamah Company for Reinforcing Steel Bars following an official request from the subsidiary's board of directors. The subsidiary intends to…
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