Metallurgy news
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Turkey's Kardemir has released planned sales volumes for the fourth quarter of 2025The Turkish manufacturer of integrated long steel Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. (Kardemir) announced the planned sales volumes of rebar, blanks, beams and rods in rolls for the period October-November-December of this year.According to the company's statement, Kardemir will…
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Ural SteelKirill Zakharov drew attention to the production of Ural Steel, dissuading him from participating in it.I wouldn't touch it, it's a huge debt burden. I didn't sort out the financial statements for the first half of the year, but I did sort out the annual ones.And he's doing the right thing! Since I…
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Business media together write that the price of gold reached a peak of $ 4,000 per ounceValue growth - more than 50% in 2025. The reasons are clear. The driver is uncertainty in the stability of government bonds and major currencies, problems in global trade, and fear of a bubble in technology companies. This shapes the investment policies of central banks and private investors…
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SP Robe River will develop new iron ore deposits on West Angels MinarAustralian mining company Rio Tinto announced that together with partners in a joint venture, the Japanese company Mitsui & Co. and Nippon Steel, it invests $ 733 million in the development of new iron ore deposits in the West Angels Hub, which is part of the long -term joint venture of Robe River…
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Synergy Capital, based in Dubai, acquires MET's coke asset in IndiaSynergy Capital, a Dubai-based company, has acquired the metallurgical coke chemical asset of India's Saurashtra Fuels Limited, located in Mundhra, Gujarat, to become one of the largest independent producers of MET coke in the country, the company said in a statement on Tuesday, October 7.The…
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Germany launches a financing program for € 6 billion for the decarbonization of heavy industryGerman Minister of Economy, Katerina Rahehe, announced the initiative of federal financing in the amount of € 6 billion to accelerate the decarbonization of energy -intensive industry of the country, according to Reuters. This marks an important milestone in politics, since the capture and storage…
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Evraz NTMK \ company filed a lawsuit against the British Evraz PLC in the amount of 97.6 billion rubles to recover the debt at the expense of Russian assets of PLCThe lawsuit is associated with the need for & quot; Departments & quot; Russian business from a foreign holding company in response to anti-Russian sanctions, since the rights of the British Evraz PLC to assets in the Russian Federation were limited by the laws of the Ministry of Industry and Trade…
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Potanin's Autumn trials: wife, partners, managers. Who's next?It's getting colder in Moscow, and it's getting hot in courtrooms. Lawyers associate autumn with the peak of judicial activity. The flagship of the Russian metallurgy and mining industry, Norilsk Nickel, stands out against the general background of high-profile litigation news.In September, it got…
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Stainless steel manufacturing commissions in MaharastraJindal Stainless limited (JSL), the largest stainless steel manufacturer in India, ordered his first stainless steel manufacturing unit in Maharastra, noting a key step towards expanding the country's infrastructure and bridge ability. The project is an investment of 14 million US dollars, said in…
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In September, Russia exported 17.1 million tons of coal, which is 5% less than m/m, while more than 22% g/g, and according to the results of 9m, exports reached 152.6 million tons, which is 3.8% higher than g/g - CCI CCI.The main stream of coal walked through the ports of the Far East, where prices exceed the western directions by 7–20 per ton. Oriental routes remain priority due to high demand of China and South Korea, as well as improvements in logistics and expansion of BAM. China increased purchases by 3%, to…
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