Metallurgy news
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British Steel launches "Save Steel Buy British" campaign to protect jobs and strengthen UK industryThe British steel company British Steel and the trade union community have officially launched the "Save Steel Buy British" campaign, calling on industries and enterprises to commit to using British-made steel in major national projects.The initiative comes at a crucial time for the UK steel…
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Deacero begins the construction of a new scrap processing plant in Syudad HoireresThe Mexican steel company Deacero officially laid the first stone for its new processing plant in Syudad-Huarez, which marked a significant expansion of the scrap processing network. With a total investment of 250 million Mexican pesos ($ 13.59 million), a new object will process about 10,000 tons…
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Danieli, Kanthal and Emsteel launch pilot electric heating project in Abu DhabiItalian manufacturer Danieli, Swedish heating technology supplier Kanthal and steel giant Emsteel from the UAE joined forces to launch a pilot project for electric heating of process gas at the DRI Emsteel plant in Abu Dhabi. This marks an important milestone in the decarbonization of steel…
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Kretinsky sells the share of Thyssenkrupp Steel Europe, opening the way for a deal with JindalCzech billionaire Daniel Kretinsky will sell his 20 percent share in Thyssenkrupp Steel Europe, a subsidiary of the German manufacturer, THYSSENKRUPP STEEL, stopping the protracted negotiations on a joint venture and paved the way for the THYSSENKRUPP to activate negotiations with the Indian…
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The export of Turkish reinforcement increased by 21 percent in January-August 2025In August of this year, the volume of reinforcement exports from Turkey increased by 3.9 percent in annual calculus and decreased by 10.2 percent in the monthly calculus to 314,116 metric tons, according to the data provided by the Turkish Statistical Institute (TUIK). The cost of this export…
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Polish metallurgical plant becomes the property of the Ministry of DefenseLawyers are at the final stage of approving the deal. The company is preparing for production for the military-industrial complex- defense and offshore wind energy.The authorities emphasize that the plant is of strategic importance – it is the country's only producer of hardened thick-rolled…
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More than $ 159 million will be invested in liberty Ostrava in new possessionAfter the bankruptcy of the Czech steel liberty Ostrava, a consortium, led by the former deputy prime minister of the country, Martin Stake, acquired a plant for 3.01 billion Czech Croats ($ 145.5 million), local media reported. The plant will now work under the new Nova Hut name and is preparing…
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Moody's Ratings Updrage Grains JSW Steel limited for a positive result from a stableRatings Moody's increased its prospects on JSW Steel limited and its Armiama Holdings LLC, which is positive from stable, according to Friday, October 3. “Changes in the future reflects a significant expansion of JSSW STEEL limited. The acceleration of operations in recent completed projects will…
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Indian Passenger Car Sales Show solid Growth in September amid Festival, tax cutsSales of Indian passenger cars marked by shipments from manufacturers to dealers showed solid growth in September this year on festival demand, supported by sharp cuts in Goods and Services Tax (GST) in certain vehicle categories, a compilation of data released by various companies showed on…
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An infographic from Goldman Sachs clearly shows which sectors of the economy are most affected by automation using AI.The graph compares two key indicators: the share of labor costs in company revenue and the level of potential automation of AI processes. The focus is on three clusters: software and IT services, professional services, and the financial sector. They have both high personnel costs and a high degree…
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