Metallurgy news
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Aceros Arequipa's net profit rose sharply in the third quarter of 2025Peruvian steel producer Aceros Arequipa reported a net profit of 91 million PEN (US$26.8 million) for the third quarter of 2025, up 131.6 percent from the third quarter of 2024.Net sales increased 6.0 percent to PEN 1.198 billion, production costs increased 3.1 percent to PEN 1.003 billion, gross…
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SteelAsia temporarily suspended operations at its scrap metal recycling plantPhilippine steelmaker SteelAsia Manufacturing Corporation announced that it has voluntarily suspended operations at its scrap metal recycling plant in Calaque after the Philippine Nuclear Research Institute (PNRI) ordered the company to take responsibility for 23 containers of zinc dust allegedly…
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Thyssenkrupp Steel withdraws from WV Stahl, Thyssenkrupp AG has not yet made a decisionAs a result of a major shake-up in the German steel sector, Thyssenkrupp Steel, the country's largest producer, has officially terminated its membership in the German Steel Federation Wirtschaftsvereinigung Stahl (WV Stahl), which took effect on December 31, 2026, according to a report by the…
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German Finance Minister supports total ban on Russian steel imports ahead of national steel summitAccording to German media reports, German Vice Chancellor and Finance Minister Lars Klingbeil has called for a complete ban on steel imports from Russia ahead of the upcoming Steel Summit to be held at the Federal Chancellery in Berlin on Thursday, November 6.Klingbeil criticized the continued…
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Ukrainian Zaporizhcox announced an increase in coke production in January-October 2025The Ukrainian coke plant Zaporizhkoks, part of the Metinvest Group, announced production results for October and January-October of this year.During the specified month, the company produced 79 thousand tons of blast furnace coke, which is seven percent more than a year earlier.At the same time, in…
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China-backed Simandou iron ore mine in Guinea aims to change market dynamicsThe long-delayed Simandou iron ore project in Guinea, which is now coming online, is poised to change the balance of power in the global iron ore market.Backed by key Chinese stakeholders, the $23 billion facility represents the world's largest untapped iron ore deposit, estimated to contain at…
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Spanish Acerinox reported a decrease in net profit in the third quarter of 2025Spanish stainless steel manufacturer Acerinox S.A. announced financial and operating results for the third quarter and the first nine months of this year.In the third quarter, the company reported a net profit of €25 million, a decrease of 47.9% compared to the same quarter last year, and sales…
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Free trade agreement between Malaysia and Korea will strengthen cooperation in the steel industryMalaysia's Ministry of Investment, Trade and Industry has announced that Malaysia and South Korea have completed a free trade deal, creating a modern trade structure that directly benefits the steel and manufacturing industries. The agreement marks Malaysia's 19th free trade agreement and is a step…
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MinRes launches new production center at Onslow Iron in Western AustraliaMineral Resources Limited (MinRes), a leading Australian mining and processing company, has announced the start of production at the Upper Reed and Cardo Boron Eastern hub of the Onslow Iron project in Western Australia, marking an important milestone for the company's flagship iron ore…
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100 minerals and precious stones according to the degree of hardnessThe Mohs hardness Scale is a practical system for comparing the hardness of minerals. It was proposed by the German mineralogist Friedrich Moos in 1812Hardness is determined by the ability of one mineral to scratch another. The scale contains ten reference minerals with increasing hardness:1…
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