Metallurgy news
-
GFSEC Ministers agree joint framework to reduce global excess capacityAt the Global Forum on Iron and Steel Excess Capacity (GFSEC) ministerial meeting held recently in Gqeberha, South Africa, ministers and senior representatives from 29 participating countries discussed the worsening global iron and steel crisis and the distortions caused by excess capacity…
-
The EU Council approves tax incentives for the promotion of clean technologies and industryThe Council of the European Union has announced that it has officially adopted conclusions approving the use of tax incentives to promote a Clean Industrial Deal, the main framework aimed at harmonizing industrial decarbonization, the introduction of clean technologies and competitiveness in the…
-
China's steel industry PPI fell 8.6 percent in January-September 2025China's producer price index (PPI) for its ferrous smelting and rolling sector fell 0.6 percent year on year in September this year, 4.6 percentage points slower than the rate of decline recorded in August, while increasing 0.2 percent month on month, according to data released by the National…
-
Daily crude steel production at CISA plants increased by 7.5% in early October 2025, stocks also increasedThe Chinese Association of Ferrous Metallurgy (CISA) reported that in early October (October 1-10) of this year, the average daily volume of crude steel production by large and medium-sized steel enterprises in China - all CISA members - amounted to 2.032 million tons, which is 7.5 percent more…
-
CAAM: Auto sales in China grew by 12.9 percent in January-September 2025Between January and September this year, China's automobile vehicle production and sales totaled 24.333 million units and 24.363 million units, up 13.3 percent and 12.9 percent year on year, respectively, 0.6 percentage points and 0.3 percentage points faster than the growth recorded in the first…
-
Indian company JSL launches stainless steel dump trailers for salt transportationIndian company Jindal Sustainable Limited has launched a new range of stainless steel salt dump trailers to address long-standing issues related to corrosion and the need for thorough maintenance during salt transportation, the company said in a statement on Wednesday, October 15.The company said…
-
U.S. Rig Count Declines, Canadian Rig Count Increases - Week 42 of 2025Baker Hughes reported that for the week ended October 10, 2025, the number of rotary drilling rigs in the United States decreased by 2 to 547.The number of gas production rigs increased by 2 to 120, and the number of oil production rigs decreased by 4 to 427. Total number of drilling rigs in the…
-
The production of untreated steel in the United States decreased by 1.5 percent in the 42nd week of 2025.According to the American Institute of Iron and Steel (AISI), for the week ending October 11, 2025, domestic production of raw steel in the United States amounted to 1.722 million net tons, and the capacity utilization rate was 76.0 percent.Production for the week ending October 11, 2025 decreased…
-
Stegra launches new round of financing for development of green steel plant in BodenSwedish company Stegra has announced a new round of financing to support the construction of the world's first large-scale green steel plant in Boden, Sweden, following strong commitments from existing investors.Renewed support from founders and leading investors, according to Henrik Henriksson…
-
Spain has approved subsidies of 600 million euros to offset the cost of carbon emissions in electricity-intensive industriesThe Spanish Ministry of Industry and Tourism has announced that it has approved a preliminary resolution to provide subsidies of 600 million euros to help electricity-intensive industries offset the indirect costs of carbon emissions.This measure is aimed at supporting energy-intensive companies at…
Pages
← previous
next →
