Metallurgy news
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Kretinsky sells the share of Thyssenkrupp Steel Europe, opening the way for a deal with JindalCzech billionaire Daniel Kretinsky will sell his 20 percent share in Thyssenkrupp Steel Europe, a subsidiary of the German manufacturer, THYSSENKRUPP STEEL, stopping the protracted negotiations on a joint venture and paved the way for the THYSSENKRUPP to activate negotiations with the Indian…
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The export of Turkish reinforcement increased by 21 percent in January-August 2025In August of this year, the volume of reinforcement exports from Turkey increased by 3.9 percent in annual calculus and decreased by 10.2 percent in the monthly calculus to 314,116 metric tons, according to the data provided by the Turkish Statistical Institute (TUIK). The cost of this export…
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Polish metallurgical plant becomes the property of the Ministry of DefenseLawyers are at the final stage of approving the deal. The company is preparing for production for the military-industrial complex- defense and offshore wind energy.The authorities emphasize that the plant is of strategic importance – it is the country's only producer of hardened thick-rolled…
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More than $ 159 million will be invested in liberty Ostrava in new possessionAfter the bankruptcy of the Czech steel liberty Ostrava, a consortium, led by the former deputy prime minister of the country, Martin Stake, acquired a plant for 3.01 billion Czech Croats ($ 145.5 million), local media reported. The plant will now work under the new Nova Hut name and is preparing…
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Moody's Ratings Updrage Grains JSW Steel limited for a positive result from a stableRatings Moody's increased its prospects on JSW Steel limited and its Armiama Holdings LLC, which is positive from stable, according to Friday, October 3. “Changes in the future reflects a significant expansion of JSSW STEEL limited. The acceleration of operations in recent completed projects will…
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Indian Passenger Car Sales Show solid Growth in September amid Festival, tax cutsSales of Indian passenger cars marked by shipments from manufacturers to dealers showed solid growth in September this year on festival demand, supported by sharp cuts in Goods and Services Tax (GST) in certain vehicle categories, a compilation of data released by various companies showed on…
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An infographic from Goldman Sachs clearly shows which sectors of the economy are most affected by automation using AI.The graph compares two key indicators: the share of labor costs in company revenue and the level of potential automation of AI processes. The focus is on three clusters: software and IT services, professional services, and the financial sector. They have both high personnel costs and a high degree…
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We invite Minfreim to the GGIS users conference as part of the 21st Mountain Forum and the Minex exhibition 2025!Place: Moscow, Radisson Slavyanskaya Hotel, Czech Hall Date and Time: October 8, 2025, 14:30 - 17:30 What awaits you at the conference? Qualities! Presentation of new products: Medium -term planning of the OGR and PGR. reports on topical topics: Practical issues of applying GGIS and import…
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I personally understood the following from yesterday's speech1. We will not radically change anything in the economy. "The country is proud of its economy". "Russia is part of the general equilibrium" and so on2. We sacrificed economic growth, apparently in accordance with paragraph 1.3. We will wait for the external situation to improve and slowly build…
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Herdau reduces investment in Brazil, increases US expensesAt a conference with analysts Gustavov, Gerdau Group, General Director of Gerdau, said that the initial BRL investment plan is 6.0 billion dollars. USA ($ 1.12 billion), scheduled for 2026. The plant in Texas, adding that import taxes for steel products imposed by the United States are modifying…
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