Metallurgy news
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Ferrexpo stops exporting Ukrainian iron ore after Russian attack on energy gridSwiss mining company Ferrexpo, whose main interests are Ukrainian iron ore assets, announced a temporary suspension of production and exports from its Ukrainian mining subsidiaries after Russian missile strikes on November 8 targeted power generation and transmission infrastructure in Khorishni…
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UK to review import of Vietnamese fittingsThe UK Trade Remedies Authority (TRA) has announced that it has responded to the industry's concerns by initiating a review of the tariff quota applied to imports of rebar (Category 13) from Vietnam in line with the UK's steel safeguard measure. The review will examine whether current quota…
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In January-September 2025, Turkey's HRC imports increased by ten percent.In September of this year, imports of hot rolled steel (HRC) to Turkey totaled 368,618 metric tons, up 26.8 percent from August and 63.7 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of these imports amounted to…
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Coal imports to China fell by 11 percent in January-OctoberBetween January and October this year, China's coal imports totaled 387.623 million tons, down 11.0 percent from last year, Chinese customs authorities announced.In October alone, China's coal imports totaled 41.737 million tons, down 9.75 percent from last year, while down 9.27 percent…
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The demand for steel pipes in the Russian Federation fell by 13% in nine months compared to the same period last year and amounted to 7.3 million tons, according to the presentation of the Pipe Metallurgical Company\&By the end of 2024, demand was at around 11.2 million tons, while companies in the industrial sector accounted for about 55% of total consumption, with the remaining 45% in the energy segment. In January-September of this year, the industrial segment accounted for 59% of total consumption, while…
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The number of drilling rigs in the US and Canada will increase - Week 46 of 2025.Baker Hughes reported that for the week ended November 7, 2025, the number of U.S. rotary drilling rigs increased by 2 to 548.The number of gas production rigs increased by 3 to 128, and the number of oil production rigs decreased by 1 to 420. The total number of U.S. drilling rigs decreased by 37…
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U.</p><p>S. crude steel production Rose 1.0 Percent in the 46th week of 2025According to the American Institute of Iron and Steel (AISI), for the week ending November 8, 2025, domestic production of raw steel in the United States amounted to 1,758 million net tons, and the capacity utilization rate was 76.7 percent.Production for the week ending November 8, 2025 increased…
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Chile's Grupo CAP reported a net loss for the third quarter of 2025Chilean iron ore producer Grupo CAP reported a net loss of $18.467 million for the third quarter of 2025, compared with a net loss of $7.011 million for the third quarter of 2024.In the comparative analysis, net sales increased 14.9 percent to $502.6 million, and including production costs…
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forecasts a 14% drop in sales in home markets in 2025%Severstal expects that by the end of 2025, the minimum level of metal consumption in Russia will be 37.8 million tons (-14% YoY, previously 44 million tons)The company's production target for this year remains the same — 11 million tonsIn 2026, the company expects a further decline in steel…
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Ukraine reports an 8.4% increase in pig iron production in January-October 2025In October of this year, pig iron production in Ukraine amounted to 692 thousand tons, which is 1.3% month-on-month and 10.7% year-on-year, according to the Ukrainian Metallurgical Association Ukrmetallurgprom.In this month, the country's steel production increased by 6.1% compared to the previous…
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