Metallurgy news
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SMS upgrades Henan Jiyuan iron and steel billet casting machineSMS Concast, part of the German plant SMS group, has received a major contract from Chinese steel manufacturer Henan Jiyuan Iron and Steel to modernize its No. 2 continuous caster. Originally built by a local manufacturer, the eight-strand continuous caster will undergo a complete modernization to…
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Israeli steel mill went bankrupt due to Turkish trade embargoThe Israeli steel company Shaul Gueta Iron and Steel Company has declared bankruptcy after a sharp business collapse following Turkey's decision to cease all trade with Israel amid the conflict in Gaza, according to media reports.The company's total debt reached approximately 105 million Israeli…
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Indian order of L&T bags for construction of coke oven battery at Tata Steel plant in JamshedpurIndia's Larsen & Toubro limited (L&T), a major engineering, procurement and construction company, has been awarded an order to build Tata Steel limited's 1 million tonne per annum coke oven battery at the latter's Jamshedpur steel plant, the company said in a statement on Tuesday 28 October.Under…
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Rashmi Group invests $1.13 billion in new 2.8 million ton steel mill in West BengalIndian integrated steel producer Rashmi Group has announced plans to invest about $1.13 billion in the construction of a new steel mill with an annual capacity of 2.8 million tons in the eastern state of West Bengal, according to a company statement released on Tuesday, October 28.The project will…
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The number of drilling rigs in the US and Canada will increase - Week 44 of 2025.Baker Hughes reported that for the week ended October 24, 2025, the number of rotary drilling rigs in the United States increased by 2 to 550.The number of gas drilling rigs remained at 121, and the number of oil drilling rigs increased by 2 to 429. The total number of drilling rigs in the United…
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U.</p><p>S. crude steel production Rose 0.2 Percent in the 44th week of 2025According to the American Institute of Iron and Steel (AISI), for the week ending October 25, 2025, domestic production of raw steel in the United States amounted to 1,747 million net tons, and the capacity utilization rate was 76.3 percent.Production for the week ending October 25, 2025 increased…
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Confidence among Brazilian industrial entrepreneurs increased in OctoberThe October result for the ICEI index, which measures the level of confidence among Brazilian industrial entrepreneurs, was 47.2 points, compared with 46.2 points in September. Despite this rise, the index remained below the 50.0-point threshold separating optimism from pessimism for the tenth…
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ArcelorMittal Poland invests in environmental modernization at Dombrowa GourniceArcelorMittal Poland has announced a new round of environmental and safety upgrades worth almost 100 million zloty (US$27.51 million) at its Dombrowa Górnicz plant.The projects include the modernization of dedusting systems, the modernization of the argon treatment plant and the overhaul of the…
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The new package of EU sanctions against Russia includes Evraz steel companyOn October 23, after active discussions, the EU authorities unveiled a new, 19th package of sanctions against Russia aimed at limiting the activities of sectors fueling Russia's military aggression against Ukraine, including energy, financial, military and industrial segments, which also include…
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Tenaris to supply pipeline pipes for Trion's deepwater project in MexicoLuxembourg-based steel pipe manufacturer Tenaris has announced it has signed a contract to supply casing, tubing and line pipes for the Trion project, located in the Perdido fold belt, approximately 180 km off the coast of Mexico. The project is being developed by Woodside Petroleo Operaciones de…
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