Metallurgy news
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Severstal announces the establishment of the Severstal Network for small and medium-sized businessesSeverstal unites Severstal Distribution and A GROUP under a single brand, Severstal Network, as a strategic partner for working with medium and small businesses.Facts and scales:38 branches, 66 warehouses, 420,000 m2 of warehouse space in Russia and the Republic of Belarus;Second place in the…
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Commercial vehicle sales in China grew 9.0 percent in January-October 2025According to the China Association of Automobile Manufacturers (CAAM), in the first ten months of this year, production and sales of commercial vehicles in China were 3.456 million units and 3.479 million units, an increase of 10.9% and 9.0% year on year, respectively.In October alone, production…
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Import of slabs to Turkey increased by 8.6 percent in January-September 2025In September of this year, the import of slabs to Turkey amounted to 294,309 metric tons, which is 12.5 percent less than in August and 28.5 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, revenue from these imports totaled…
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China will begin reconstruction of 24,300 old city neighborhoods in January-September 2025Between January and September this year, China began new construction work to renovate 24,300 old city blocks, as announced by China's Ministry of Housing and Urban-Rural Development (MOHURD).The full goal for 2025 is to start renovating 25,000 old city blocks.
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Taigan stainless Steel went from loss to profit in January-September 2025Chinese steel company Taigang Stainless Steel Co., Ltd (Taigang Stainless Steel) from Shanxi Province released a financial report for the period from January to September this year, saying that its operating revenue for the period amounted to 68.004 billion yuan (9.6 billion U.S. dollars), which is…
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Exports of plates from Brazil increased in OctoberBrazil exported 21,000 tons of plates in October, up from 5,500 tons in September, according to SISCOMEX. September exports were headed to Europe (16,100 tons at $615 per ton) and South America (4,900 tons at $662 per ton), shipped by Gerdau (16,100 tons). at $615/t), ArcelorMittal (2,600 t at…
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Creditors demanded 5.5 billion from the distressed Spiridonovskaya mineThe Spiridonovskaya mine, which somehow resumed coal production in November, has received demands from 41 organizations in total. The largest amounts were declared by Ural Steel JSC for 2.38 billion rubles and the Moscow JSC "Infinity Capital" for 1.75 billion for unfulfilled obligations under the…
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There are no excess incomes for a long time, and the excise tax was and is being paid - according to the same formula and the same cut-off price as at the startDespite the fact that during its operation, the cost of the Big Five increased by an average of 30%.This approach of regulators, coupled with emerging macroeconomic factors and strict monetary policy, in addition to the indicated quantitative losses, entails a qualitative degradation of domestic…
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Russian metallurgists are discussing a proposal to introduce an excise tax on imported steelWe are still thinking, thinking about how to implement the idea. But the point is simple - since the state has introduced an excise tax for national producers, it is logical that the competitive conditions should be the same for everyone. Because otherwise it turns out that manufacturers in Russia…
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Thailand imposes AD tariffs on I-beams from ChinaThe Anti-Dumping and Subsidy Review Committee of the Ministry of Commerce of Thailand announced that it has made a final decision to investigate the anti-dumping duty (AD) on hot-rolled I-beam structural steel imported from China. The investigation was launched on November 4, 2024.The Ministry…
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