Metallurgy news
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Chinese steel industry PPI decreased by 9.5 percent in January-August 2025.In August of this year, the Chinese manufacturers (PPI) price for its iron smelting sector decreased by 4.0 percent per year, by 6.0 percentage points more slowly compared with the reduction in the pace registered in July, while within 1.9 percent per month, according to the data published by the…
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Hunan Steel Group's gross profit increased by 1.97 percent in H1 2025Hunan Iron and Steel Group (Hunan Steel Group), a Chinese steel manufacturer based in Hunan Province, announced that in the first six months of this year, it recorded annual operating income, while it generated gross profit of 5.18 billion yuan in the period, up 1.97 percent year-on-year. The…
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Rare metals of Russia: the path to independence by 2030The Ministry of Industry and Trade of the Russian Federation revealed ambitious plans for the development of the extraction of rare and rare earth metals (RES), which should save the country from import dependence by the end of the decade. Fedroekt “Development of the industry of rare and rare…
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According to him, it is the most vulnerable players (with high debt load, a weak export position, dependence on domestic markets) receiveDirect benefits from the moratorium. At the same time, the expert adds, the effectiveness of the measure will be higher if support is aimed at preserving industries and jobs, and not at subsidizing ineffective business models. Associate Professor of the Department of Economics Misis Abdulov calls…
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Mechel will be given more stabilityA moratorium may be imposed on the bankruptcy of metallurgical companies.As Kommersant has learned, the discussed list of measures to support metallurgists includes a moratorium on bankruptcy of industry enterprises. The initiative may be focused primarily on Mechel (MOEX: MTLR), which has a debt…
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The Turkish HRC Import increased by 3.5 percent in January-July 2025In July of this year, the import of a hot coil of Turkey amounted to 411,367 metric tons, which is 42.6 percent compared to June and 163.3 percent per year, in accordance with the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, The Value of these Imports Totaled $…
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SAFTU: S. Africa Steel Sector Couplapsse As Arcelormittal Shuts OperationsThe South African Federation of Trade Unions (SAFTU) has condemned Arcelormittal South Africa (AMSA) for closing its long steel operations in Newcastle and Vereeniging, and endangering the future of Vanderbijlpark. The union warned that the closures would devastate workers and communities…
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Steegra's Green Steel project in Sweden is looking for new financingSwedish industrial company Steers, the developer of one of the largest European green steel projects in Boden, is under financial pressure after state funding was partially withheld. Despite the fact that the EU approved 265 million euros as Swedish support, only 100 million euros were released…
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S. Korea imposes advance advertising in HRC from China and JapanSouth Korea’s Ministry of Trade, Industry and Energy has announced that it has decided to impose provisional antidumping duties on hot rolled coil from China and Japan, following the recommendation of the country’s Trade Commission.The provisional antidumping duty rates are at 31.58 percent, 32.75…
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Italy needs a balanced combination of technology and a clear roadmap to achieve the goals of energy transition by 2050During the annual event of the Ambrosetti forum held in Chernobibio, Italy, on September 5-7, 2025, the leading Italian energy company Edison and the Analytical Center group of the European House Ambrosetti (Tex) presented a study called the “state of energy transition to Italy: the principles and…
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