Metallurgy news
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Chinese scientists were the first in the world to extract rare earth metals from plantsIt turned out that ferns like "vacuum cleaners" absorb elements from the environment, as a result of which minerals crystallize in their tissues. For example, they managed to extract monazite from them, which usually contains radioactive elements, but was "clean and safe" in the plant.In theory…
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In the gold market, more and more facts indicate that not only market demand is behind the growth, but also the invisible purchases of large players.In the 3rd quarter of 2025, the Central Bank purchased about 220 tons of gold, which is almost 28% more than a quarter earlier. This is only part of a global trend - for three years in a row, government regulators have been buying more than 1,000 tons of gold annually, which is more than double the…
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The Chinese company Insta360, known for the production of action cameras and stabilizers, uses a very unusual approach to staff motivationInstead of the usual options or cash bonuses, the company prefers to reward its best developers in goldThis year, 21 employees received a gift of custom keycaps made of pure gold. Awards are given for outstanding career achievements, special dedication to the company and significant services to…
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India imposes AD duty on HRC imports from VietnamIndia has imposed a five-year anti-dumping duty (AD) on HRC imported from Vietnam, the government said in a notice on Thursday, November 14.The AD tax of $121.55/ton on imports of hot-rolled flat steel products from Vietnam for five years is aimed at protecting domestic producers from cheap…
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Sohar Iron and Billets signs $26 million deal for New steel project in OmanThe Omani company Sohar Iron and Billets has announced an investment of $26 million (10 million Omani rials) in the establishment of a new steel and non-ferrous metals production facility in the industrial city of Al-Buraimi, which is managed by the State Institution of Industrial Zones (Madain)…
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Our victories and your opportunities: the main thing about Metal Expo 2025St. Petersburg became the epicenter of metallurgical innovations, and Severstal was at their forefront. We presented specific tools for the sustainability and development of your business at the main industry exhibition.We share the most important results:Transformation of the approach to…
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China reduced steel production by 12.1%Steel production in China in October fell by 12.1% compared to the same month last year, to 72 million tons, according to the country's State Statistical Office.This is the lowest production volume since December 2023.In the first ten months of this year, the country produced 817.87 million tons of…
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Liberty Galati is considering a takeover of loss-making lender Phoenix Slag Services, despite continuing gloomy prospects.Following recent police raids and the launch of an investigation into fraud and tax evasion, Liberty Galati, Romania's largest steel producer, continues to face a deepening financial crisis. It is reported that the company, which is struggling for survival and facing the threat of bankruptcy, is…
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A possible decision by the US Supreme Court to revoke Trump's authority over tariffs could lead to the resumption of imports.A U.S. Supreme Court ruling expected by mid-2026, which could find that U.S. President Trump exceeded his executive authority in imposing tariffs for national security reasons in early 2025, could potentially trigger a resumption of U.S. imports, market insiders told SteelOrbis this week. Steel…
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Property sales in Turkey rose 9.1 percent in October 2025 compared to SeptemberIn October this year, property sales in Turkey totaled 164,306 units, up 9.1 percent month-on-month and down 0.5 percent year-on-year, according to data released by the Turkish Statistical Institute (TUIK).In the first 10 months of this year, property sales in Turkey totaled 1.29 million units, an…
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