Metallurgy news
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Japanese JFE Steel reported a decrease in net profit for the first half of 2025Japanese steel company JFE Holdings Co. announced consolidated financial results for the first half ended September 30, 2025-26 fiscal year.In the period, the company recorded a net profit of 28.36 billion yen ($184.79 million), compared with a net profit of 43.20 billion yen in the same period of…
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The value of French steel exports decreased by 4.5% in January-August 2025According to statistics published by the French Ministry of Economy, Finance and Industry, in January-August of this year, the main exports of steel products and ferroalloys to France amounted to € 6.3 billion, a decrease of 4.5% year-on-year.During the specified period, France exported € 841.22…
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Indian coking coal port import traffic increased by 8% in April-October 2025According to data received from the Indian Ports Association (IPA) on Friday, November 7, coking coal imports into India through all major ports in the country were provisionally estimated at 36.06 million tonnes between April and October 2025 financial year, up eight percent year-on-year.According…
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German Chancellor Merz promised to strengthen trade protections and ease energy consumption for the steel industry at the steel summit.On Thursday, November 6, German Chancellor Friedrich Merz held a high-level steel summit at the Federal Chancellery in Berlin, which brought together ministers, state representatives, trade unions and leaders of the steel industry to discuss what the participants called the existential crisis in…
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Exports of finished steel products from China decreased by 13% YoY in October, replacing the 3% increase in September. Although this indicator is below the historical maximum, it remains at a high level.Coal imports to China decreased by 10% year-on-year in October, compared with -3% year-on-year in September. The decrease was mainly due to public holidays (there were fewer working days in October 2025). Although some market representatives expect that imports will be supported by winter…
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Nippon Steel renews long-term OCTG supply agreement with ShellThe Japanese steel company Nippon Steel Corporation has announced that, together with the Japanese company Sumitomo Corporation, which provides electrical services, they have entered into a new 10-year long-term framework agreement with the Dutch company Shell Global Solutions International B.V. on…
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Polish government seeks bank loans to stabilize JSWWojciech Balczun, Poland's minister of state Assets, confirmed that the Polish government is in talks with banks about possible loans to rescue Polish coking coal producer Jastrzebska Spolka Weglowa SA (JSW), according to a Reuters report. The government and banks will determine the size…
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TMK's net profit fell by 51% in 9 monthsAccording to the results of January-September 2025, the net profit of the Pipe Metallurgical Company (TMK) according to RAS decreased by 51.4% - to 13.8 billion rubles against 28.4 billion rubles a year earlier.The company's revenue decreased by 16.7%, reaching 272.83 billion rubles, gross profit…
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Metallurgists in Germany on the verge of bankruptcyThe price of electricity has become a matter of life and death for the German steel industry. The paradox is that without cheap "green" energy, steelmakers cannot switch to environmentally friendly technologies to meet EU climate requirements. This vicious circle threatens to destroy…
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The volume of freight traffic on the Chinese Daqin Railway in January-October 2025 decreased by 0.7 percentChina's Daqin Railway freight volume was 318.38 million tons in January-October this year, down 0.7 percent year-on-year.In October alone, Daqin Railway freight volume was 32.51 million tons, indicating a year-on-year decline of 4.7 percent. calculus.
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