Metallurgy news
-
Finding a solution for automatic delivery of workpiecesEVRAZ NTMK is looking for a solution for autonomous intra-shop logistics based on self-propelled trolleys (AGV/AMR) for moving workpieces to machines.Current situation:Currently, the movement of goods is carried out by overhead cranes, hand trucks and rail carts between spans.Solution…
-
Trump and Xi reached agreements to reduce duties and lift restrictions on trade in rare earth minerals with China, which signaled a reduction in trade tensions.Both leaders promised to "work together" on the conflict in Ukraine, although they revealed few details.Trump announced plans to visit China in April and hinted at a broader trade agreement.This news should remove some pessimism about the prospects for the global economy. "Shipments of rare earth…
-
Turkish company Çemtaş reports net profit and revenue decrease for January-September 2025The Bursa-based Turkish steel company Çemtaş Çelik Makina Sanayi ve Ticaret A.Ş (Cemtas) has announced financial and operating results for the first nine months of this year.In the period, the company reported a net profit of 24.25 million Turkish liras ($577,518), compared with a net loss of 25.19…
-
EUROMETAL: Distribution activity has stabilized, confidence in a sustainable recovery remains weakThe latest market sentiment survey by the European Federation for Distribution and Trade of Steel, Pipes and Metals (EUROMETAL) for October 2025 shows a cautious mood among European steel distributors. Although current market activity appears to have stabilized after several months of decline…
-
Algerian SNS forms partnership to revive Ouled Moussa plantThe Algerian National Steel Holding Company (SNS) and the Bank for Agriculture and Rural Development (BADR) have formalized a new partnership to complete and operate the Ouled Moussa steel project in the province of Boumerdes. The Memorandum of Understanding, signed at the SNS headquarters in…
-
Primetals to build continuous tandem cold mill in ChinaThe British plant Primetals Technologies has won a major contract for the supply of a continuous tandem cold mill for the production of silicon steel to a leading steel manufacturer located in Hebei Province, China. The project is aimed at increasing the production of high-value products and…
-
Repurchase of shares of Yuzhuralzolot's minority shareholders: how will the dispute between the Ministry of Finance and the Central Bank end?In July, the court nationalized the shares of the gold miner Yuzhuralzoloto Group of Companies (YUGK). In October, the Central Bank demanded that Rosimushchestvo, as the new owner of a large block of shares, make a mandatory offer to buy out securities from minority shareholders. The law obliges to…
-
Xinxing Ductile Iron Pipes recorded net profit growth of 44.67% in January-September 2025.Chinese steel company Xinxing Ductile Iron Pipes Co., Ltd. (Xinxing Ductile Iron Pipes) of Hebei Province announced that its operating revenue was 27.183 billion yuan (US$3.8 billion) from January to September this year, up 0.38 percent year-on-year. During the period, Xinxing Ductile Iron Pipes…
-
Bengang Steel Plates reported a net loss of 2.216 billion yuan for January-September 2025China's largest steel producer Bengang Steel Plates Co., Ltd. Liaoning Province announced that for the period from January to September of this year, its operating revenue was 35.201 billion yuan (5 billion US dollars), down 12.47 percent from last year, and its net loss was 2.216 billion yuan (0.3…
-
What is it used for in the world?Most people will be surprised to learn that all the gold ever mined in the world would fit in just three Olympic pools (measuring 50x25x2 meters). Even more surprising, it may seem that a little more than half of this amount is invested in jewelry, while only 17% is invested in central bank…
Pages
← previous
next →
