Metallurgy news
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Turkish company Çelik Halat ve Tel Sanayii reports a higher net loss for January-September 2025Turkish manufacturer of steel wire and ropes from Kocaeli Çelik Halat ve Tel Sanayii Inc. announced its financial results for January-September of this year.For the specified period, the company recorded a net loss of 677.19 million Turkish liras (16.04 million US dollars) compared to a net loss of…
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The Turkish company Kardemir reported a decrease in net loss for January-September 2025Turkish integrated long products manufacturer Kardemir Karabuk Demir Celik Sanayi ve Tijaret A.S. Kardemir has announced its financial and operating results for the first nine months of this year.During the period, the company achieved a net loss of 955.08 million Turkish liras (US$22.63 million)…
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Queensland's coal exports decreased by one percent in October 2025In October of this year, coal exports from the Australian ports of Hay Point, Dalrymple Bay Coal Terminal (DBCT), Abbott Point and Gladstone, located in Queensland, decreased by one percent year-on-year and decreased by 3.1 percent month-on-month to 16.52 million tons, according to data released by…
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The Turkish company Borusan Boru forecasts net profit growth in January-September 2025, the financial forecast has been revised upwardLarge Turkish manufacturer of steel pipes Borusan Birleşik Boru Fabrikaları Ticaret A.Ş. announced financial results for the first nine months of this year.During the period, the company achieved a net profit of 1.53 billion Turkish liras (US$37.95 million), compared with a net profit of 311.38…
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Ecomondo 2025: European Steel Industry between climate challenges and economic sustainabilityDecarbonization, energy and raw materials were at the center of the debate in Rimini at Ecomondo 2025, the leading international event dedicated to the green and closed economy. Participants heard that the race to produce low-emission steel continues, but challenges remain related to costs…
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Türkiye launches new support programs to ease access to export financeAccording to a statement published in the Official Gazette of Turkey, two new support programs have been launched to facilitate Turkish exporters' access to finance and strengthen their competitiveness in global markets.Scope and purpose of the programsAccording to a statement from the Ministry of…
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GMH Gruppe completes acquisition of Buderus Edelstahl unitsGerman specialty steel manufacturer GMH Gruppe has announced that it has legitimately completed the acquisition of two business units from domestic high-performance metals manufacturer Buderus Edelstahl GmbH. The acquisition, which covers a hot rolling machine for large rolled products, as well as…
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Turkey's base metals production fell by three percent in September 2025 compared to AugustAccording to data released by the Turkish Statistical Institute (TUIK), in September this year, Turkey's seasonally and calendar-adjusted monthly industrial production decreased by 2.2 percent compared to the previous month, while the calendar-adjusted index increased by 2.9 percent compared to…
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German machinery manufacturers are facing a sharp decline in orders amid the global trade crisisAccording to the German Federation of Mechanical Engineering (VDMA), the German engineering sector recorded a sharp drop in new orders of 19 percent year-on-year in September 2025, reflecting the ongoing strain from the global trade crisis and weakening industrial demand.The decline also…
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ArcelorMittal Beryslav received UAH 14.6 million in profit after a loss a year earlierArcelorMittal Berislav JSC (Berislav, Kherson region), one of the Ukrainian subsidiaries of ArcelorMittal, received UAH 14,554 million in net profit, while 2023 ended with a net loss of UAH 17,851 million. According to the annual report, last year the company increased its net profit by 86%…
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