Metallurgy news
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In September 2025, foreign sales prices of Turkish metal producers increased by 1.68 percent compared to August.According to data published by the Turkish Statistical Institute (TUIK), in September this year, the Turkish Producer Price Index (PPI)* for overseas sales increased by 2.01 percent overall compared to August and by 27.71 percent year-on-year, while an average increase of 25.19 was recorded over…
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European industry associations are calling for the early publication of ETS and CBAM indicatorsSix European industry associations, the European Cement Association (CEMBUREAU), the Association of European Ferroalloy Manufacturers (Euroalliance), the European Steel Association (EUROFER), the European Metals Association (Eurometaux), the European Aluminum Company and the European Fertilizer…
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VNSteel sells 65 percent of shares in Vicasa SteelVietnamese steelmaker Vietnam Steel Corporation (VNSteel) announced the completion of the sale of a 65 percent stake in its subsidiary Vicasa Steel (VCA) to a domestic investor, marking a significant step in its restructuring strategy.Details transactions and strategic rationaleThe transaction…
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EU presents global climate and energy vision to strengthen clean transition partnershipThe European Union has published its Global Vision for Climate and Energy, presenting a roadmap to strengthen Europe's international role in advancing the transition to clean and sustainable energy. Based on a "Clean Industrial Agreement," the strategy outlines how the EU will combine industrial…
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Registration of new cars in Turkey in September 2025 decreased by 8.7% compared to AugustAccording to the Turkish Statistical Institute (TUIK), in September this year, the number of new car registrations in Turkey decreased by 8.7 percent month-on-month and by 7.6 percent year-on-year to 196,338 units.A total of 80,390 new passenger cars were registered in September, a decrease of 15.3…
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Crude steel production in Italy increased by 4.3 percent in September 2025According to the latest data released by Federacciai, the Italian Federation of Steel Companies, Italian steel production totaled 1.9 million tons in September this year, up from 821,000 tons in August, up 4.3 percent year-on-year. In the period from January to September of this year, the…
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Alchemy is partnering with Newcam to promote Bryah iron ore projectsThe Australian company Alchemy Resources Limited has announced that it has entered into a binding option agreement with local mining company Newcam Minerals Pty Ltd., under which Newcam can earn up to a 60 percent stake in Alchemy's iron ore mining assets in the Bryah basin in Western Australia…
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Tokyo Steel forecasts a 23% revenue decline in the first half of fiscal year 2025-26, lowering its profit forecast for the full year.Japanese company Tokyo Steel has announced interim consolidated financial results for the first half of the year ending September 30, 2025-26 fiscal year.In the quarter, the company reported a net profit of 4.57 billion yen ($30.37 million), compared with a net profit of 9.83 billion yen in the…
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The Russian company olkon has completed key infrastructure work to increase iron ore productionThe Russian olenegorsk Mining and Processing Plant (olkon), part of the Russian metallurgists group Severstal, has completed the construction of new infrastructure at the Pechegubsky deposit, which became an important milestone in the long-term investment strategy to expand iron ore production…
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A brief summary of Severstal's financial statements (for 9 months 2025 and Q3 2025Sales of metal products: 5 % YoY 8,303 thousand tons. Revenue: -14 % YoY 543,328 million rubles (due to lower prices).EBITDA: -40% YoY 114,154 million rubles. EBITDA margin: 21% (-9 percentage points YoY).Q3 2025 vs Q3 2024 results:Cast iron production: 12 % YoY 2.69 million tons. Steel production…
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