Metallurgy news

• Brazil's Finished Steel Commercial Balance Deficit Widened in October According to SECEX, Brazil's foreign trade body, Brazil exported 159,592 tons of finished carbon steel products in October at a price of 111.238 million US dollars, and imported 313,148 tons at a price of 215.483 million US dollars.For comparison, Brazil exported 140,859 tons of finished carbon... 25.11.2025  03:00

• Rig count increase in US and Canada - Week 48 of 2025 Baker Hughes reported that the number of U.S. rotary drilling rigs increased by 5 to 554 for the week ended November 21, 2025.The number of gas production rigs increased by 2 to 127 and the number of oil production rigs increased by 7 to 427. The total number of U.S. drilling rigs decreased by 29... 25.11.2025  02:00

• U. S. crude steel production Increased 0.9 Percent in the 48th week of 2025 According to the American Institute of Iron and Steel (AISI), for the week ending November 22, 2025, domestic production of raw steel in the United States amounted to 1,761 million net tons, and the capacity utilization rate was 76.9 percent.Production for the week ending November 22, 2025... 25.11.2025  02:00

• Consumption of metal products in Chile has increased In the first eight months of 2025, consumption of steel products in Chile increased by 16.3 percent to 1.886 million tons compared to the same period in 2024.Despite significant growth, apparent consumption remains lower than pre-pandemic levels, according to the country's steel institute ICHA,... 25.11.2025  00:00

• Will the Chinese build a railway in Tuva? The President instructed to organize a full cycle of REM recycling in the south of the Krasnoyarsk Territory by 2030. The closest explored deposits are the Tuvan ones. However, the possibilities of the Russian Railways budget and investment program for the development of transport infrastructure... 24.11.2025  20:00

• Imports of steel bars to Georgia from Turkey will increase in January-October 2025 In January-October of this year, Georgia’s total foreign trade turnover with Turkey, which is the country’s largest trading partner, amounted to $2.53 billion, including imports of $2.26 billion (an increase of 1.8%) and exports of $270.8 million (a decrease of 35.0%) on an annualized basis, acc... 24.11.2025  19:00

• Iron ore exports through Port Hedland increased by 1.9 percent in October 2025 compared to September. In October of this year, iron ore shipments from Australia's Port Hedland increased by 1.9 percent month-on-month and by 8.6 percent year-on-year, amounting to 49,491,465 tons.According to information released by the Port Hedland Port Authority, iron ore shipments from Port Hedland to China totaled... 24.11.2025  19:00

• IMF: G20 growth prospects worsen due to tariff increases, Turkey's forecast is raised The International Monetary Fund (IMF) said in its latest report that the G20's growth prospects have deteriorated, with forecasts of 3.2 percent in 2025, three percent in 2026, and a medium-term forecast of 2.9 percent, the weakest since the global financial crisis. The resilience seen in early... 24.11.2025  18:00

• India: Iron ore sales at electronic auctions in Karnataka increased by more than 40 percent month-on-month in October 25 amid improved purchases According to BigMint data, iron ore sales at electronic auctions in Karnataka increased sharply by 41 percent month-on-month to 1.19 million tons in October 2025, up from 850,000 tons in September. The steady volume growth reflects increased customer interest from sponge iron and pellet producers... 24.11.2025  18:00

• UBS analysts expect copper prices to rise UBS analysts expect copper prices to rise next year due to supply cuts amid ongoing disruptions to the mines.In addition, the increase will support high long-term demand associated with the transition to clean energy and increased investment in this area, the bank said in a statement.UBS raised its... 24.11.2025  18:00