Metallurgy news

• Against the background of the political confrontation in Khakassia, the initiative of the Ministry of Industry to expand benefits for the Sorsky Mining and Processing Plant looks interesting. As you know, in 2022, the corresponding mineral extraction tax preferences were adopted, which the official PR referred to as the "Zhukov-Sokol law", thereby emphasizing the special role of the current speaker of the regional parliament in its adoption.However, then the issue of ownership of GOK... 12.08.2025  22:00

• US delays increased tariffs for Chinese goods by another 90 days The White House announced that President Donald Trump signed an executive order to postpone the planned increase in tariffs for Chinese goods, extending the tariff truce by 90 days until November 10, 2025. . The delay was the expected result from the two -day negotiations, which was the late... 12.08.2025  19:00

• Indian Alloy Alloy rod Manufacturers are looking for an advertising service on former Chinese imports Indian manufacturers of alloy steel rod assembly rods have filed a petition to impose an anti-dumping (AD) duty on imports from China, according to a statement released by the Alloy Steel Manufacturers Association of India (ASPA) on Tuesday, August 12.ASPA members include JSW Steel, Jindal Steel,... 12.08.2025  19:00

• Mexico initiates the consideration of AD for reinforcement from Brazil According to the official Mexican newspaper, the Mexican government initiated a revision of the anti -dumping duty on the import of reinforcement from Brazil. The period of consideration was established from July 1, 2024 to June 30, 2025, and the period of analysis was established from July 1,... 12.08.2025  18:00

• The Turkish company Kardemir Çelik Sanayi has announced investments of $ 30 million to increase capacity and enter new markets. Izmir Turkish Steel Company Kardemir Çelik Sanayi A.Ş. announced that it plans to build a new profile rolling plant in Bozkey, in the Aliaga district of Izmir. Investments of $30 million are planned to be commissioned in the second quarter of 2026. The expansion aims to increase production c... 12.08.2025  18:00

• India cancels BIS license certification for 202 foreign manufacturers exporting to the country The Ministry of Steel, India, announced the release of 202 steel companies from the process of mandatory compliance with the requirements of the portal of the system monitoring system of steel imports (SIMS), the ministry notification says on Tuesday, August 12. in the official statement, the... 12.08.2025  17:00

• The reduction in Tangshan production in August will be much greater than in July. On August 9, the authorities of Tangshan, a major steelmaking center in China's Hebei Province, issued a notice to 35 independent local steel companies detailing production control requirements for the period from August 16 to September 3 due to the approaching military parade in September to mark... 12.08.2025  17:00

• Belgian company Bekaert announced a decrease in revenue in the first half of 2025, the uncertainty of tariffs affected demand The Belgian manufacturer of the steel cord and the Bekaert wire announced its financial results for the first half of this year. In the first half of the year, the company published consolidated revenue from € 1.95 billion, which is 5.2% less than in the previous year. The EBITDA indicator d... 12.08.2025  16:00

• Car sales in Turkey increased by 5.9 percent in January-July 2025 In July of this year, car sales in Turkey totaled 110,919 units, down 9.4 percent from June and up 13.7 percent year-on-year, according to monthly statistics released by the Association of Automobile Manufacturers of Turkey (OSD). In the same month, passenger car sales in Turkey totaled 84,195... 12.08.2025  16:00

• Turkish company Kocaer Çelik doubled its net profit in the first half of 2025 Turkish steel producer Kocaer Çelik Sanayi ve Ticaret A.S. (Kocaer Çelik) has announced its financial and operating results for the first half of this year.During this period, the company achieved a net profit of 393.31 million Turkish liras (9.66 million $), which is double the net profit of 1... 12.08.2025  15:00