Metallurgy news

• The new EU guarantee system is gaining the support of manufacturers, but is facing a negative reaction from users. On October 7, the European Commission announced the long-awaited replacement of the current protective system for the European steel industry, in which duty-free tariff quotas are reduced by using 2013 levels as a guideline, and tariffs, after exhausting their capabilities, are increased to 50... 09.10.2025  16:00

• Tata Steel forecasts steel production in India to grow by 7% in the second quarter of fiscal 2025-26 Tata Steel limited achieved Indian steel production of 5.67 million tonnes in the second quarter (July-September) of fiscal 2025-26, up seven percent year-on-year, the company said in a regulatory filing on Thursday, October 9.The company said normalization contributed to the increase in production... 09.10.2025  15:00

• US Steel sued Algoma Steel over a dispute over the supply of pellets The US Steel Corporation has filed a lawsuit against the Canadian steel company Algoma Steel Group Inc. in the US District Court for the Western District of Pennsylvania, alleging a violation of a multi-year agreement on the supply of iron ore pellets and seeking to recover more than $22 million in... 09.10.2025  15:00

• Sales of heavy trucks in China grew by 20 percent in January-September 2025 In September this year, sales of heavy-duty trucks (including chassis and tractors) in China totaled 105,000 units, up 15.0 percent month-on-month, up 82.0 percent year-on-year, according to preliminary data released by cvworld.cn, a Chinese automotive information service provider. industry.Between... 09.10.2025  14:00

• Accelerating new trade negotiations between Canada and the United States Canada and the United States have agreed to begin rapid negotiations on new trade deals covering steel, aluminum and energy following a meeting between Canadian Prime Minister Mark Carney and US President Donald Trump at the White House.Dominique Leblanc, the Canadian minister responsible for trade... 09.10.2025  14:00

• Average new housing prices in 100 Chinese cities rose 2.68% in September 2025 In September this year, the average prices of new homes in China's 100 major cities were 16,926 yuan/square meter ($2,384/sq.m.), up 0.09 percent month-on-month, while increasing 2.68 percent year-on-year, as announced by the CIA, the largest independent real estate research organization in ... 09.10.2025  13:00

• Ferrexpo production increased in the third quarter of 2025, despite using only one pelletizing line. Swiss mining company Ferrexpo, whose main interests are related to Ukrainian iron ore assets, has announced production results for the third quarter and the first nine months of 2025.In the third quarter of this year, the company's total commercial production increased by 3.3 percent compared to... 09.10.2025  13:00

• Jindal India limited commissions new steel plant in West Bengal Jindal India limited (JIL), a member of B.C. Jindal Group, a leading manufacturer of pipes and cold-rolled steel, has commissioned a new steel plant in the eastern Indian state of West Bengal. The project involves an investment of $169 million, the company said in a statement on Thursday, October... 09.10.2025  12:00

• South Korea's steel exports under threat as EU tightens protective measures The European Union is preparing to introduce stricter protective measures against imported steel products in an attempt to protect its industry from the growth of global overcapacity, which is expected to grow from 602 million tons in 2024 to 721 million tons by 2027.According to local South Korean... 09.10.2025  12:00

• China's core finished steel product inventories fell 4.1 percent at end-September 2025 As of September 30 this year, total domestic inventories of five major finished steel products in China's 21 major cities totaled 9.02 million tons, down 390,000 tons or 4.1 percent from September 20, the China Iron and Steel Association (CISA) announced.In particular, As of September 30, domestic... 09.10.2025  11:00