Metallurgy news
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TMK plans to sell Chelyabinsk Metalwork PlantRussian steel pipe manufacturer TMK plans to sell its entire 96 percent stake in the Chelyabinsk Metal Structures Plant (CHZMK) to a local company, Taimyr Engineering LLC, for 5.2 billion rubles ($64.35 million), local media reported. Accordingly, the process is aimed at improving the efficiency of…
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CISA: China's steel demand will fluctuate in a downward trend in 2026-30.The China Iron and Steel Industry Association (CISA) held a symposium on improving the quality of the steel industry in Beijing on October 15. The symposium participants discussed in detail the main contents of the "Research Report on the 15th Five-Year Plan for the Development of the Steel…
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Exports of welded pipes from Turkey decreased by 1.4 percent in January-August 2025In August of this year, exports of welded pipes from Turkey totaled 186,161 metric tons, up 24.8 percent from July and 14.4 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, revenue from these exports amounted to $152.32 million, an…
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China Coal Energy's coal sales fell 7.4 percent in January-September 2025Major Chinese coal mining company China Coal Energy Co., Ltd announced that it produced 11.59 million tons of coal in September this year, down 2.6 percent year-on-year, and sold 19.66 million tons of coal in the month, down 20.1 percent year-on-year.B In particular, in September, sales of…
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MOC: The average price of rebar in China decreased by 0.5 percent from October 6 to October 12, 2025The Chinese Ministry of Commerce (MOC) announced that the average price of finished steel in China decreased slightly from October 6 to October 12 this year.During this period, the average prices for steel channel, rebar and ordinary steel middle plate decreased by 0.8 percent, 0.5 percent and 0.3…
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Insteel reports earnings of $14.6 million for fiscal fourth quarter compared to fourth quarter of 2024Insteel Industries, Inc. announced financial results for the fourth quarter of fiscal 2025, ended September 27, 2025.Net income for the third quarter of fiscal 2025 increased to $14.6 million from $4.7 million in the same period a year ago. In its statement, Insteel said fourth-quarter fiscal 2025…
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Eurozone industrial production fell by 1.2 percent in August 2025 compared to JulyIn August this year, seasonally adjusted industrial production fell by 1.2 percent in the eurozone and by 1.0 percent in the EU-27 compared with July.Industrial production in July increased by 0.5 percent in the eurozone and by 0.4 percent in the EU. In August of this year, compared to August 2024…
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PASSAD: Türkiye must increase stainless steel production, import duties will be levied ADAt the first National Stainless Steel Summit, organized by the Turkish Stainless Steel Association (PASSAD) in cooperation with Istanbul Technical University (ITU), held at the university on October 14, the main topics of discussion were increasing domestic production, sustainable development and…
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Sarrall upgrades EAF for Celsa FranceSpanish technology supplier Sarrelle has been selected by Celsa France, the French division of the Spanish long products manufacturer Celsa Group, to supply and implement a new cleaning system with an eccentric bottom thread (EBT) as part of a project to modernize the 175-ton electric arc furnace…
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Ukrainian Interpipe reported a decrease in net profit for the first half of 2025Ukrainian manufacturer of steel pipes and railway wheels Interpipe announced financial results for the first half of this year.During the period, the company received a net profit of $107.36 million, compared with $128.74 million recorded for the same period last year, and its total revenue from…
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