Metallurgy news

• Turkish company Çemtaş reports net profit and revenue decrease for January-September 2025 The Bursa-based Turkish steel company Çemtaş Çelik Makina Sanayi ve Ticaret A.Ş (Cemtas) has announced financial and operating results for the first nine months of this year.In the period, the company reported a net profit of 24.25 million Turkish liras ($577,518), compared with a net loss of 25.19 ... 30.10.2025  12:00

• EUROMETAL: Distribution activity has stabilized, confidence in a sustainable recovery remains weak The latest market sentiment survey by the European Federation for Distribution and Trade of Steel, Pipes and Metals (EUROMETAL) for October 2025 shows a cautious mood among European steel distributors. Although current market activity appears to have stabilized after several months of decline,... 30.10.2025  12:00

• Algerian SNS forms partnership to revive Ouled Moussa plant The Algerian National Steel Holding Company (SNS) and the Bank for Agriculture and Rural Development (BADR) have formalized a new partnership to complete and operate the Ouled Moussa steel project in the province of Boumerdes. The Memorandum of Understanding, signed at the SNS headquarters in... 30.10.2025  11:00

• Primetals to build continuous tandem cold mill in China The British plant Primetals Technologies has won a major contract for the supply of a continuous tandem cold mill for the production of silicon steel to a leading steel manufacturer located in Hebei Province, China. The project is aimed at increasing the production of high-value products and... 30.10.2025  11:00

• Repurchase of shares of Yuzhuralzolot's minority shareholders: how will the dispute between the Ministry of Finance and the Central Bank end? In July, the court nationalized the shares of the gold miner Yuzhuralzoloto Group of Companies (YUGK). In October, the Central Bank demanded that Rosimushchestvo, as the new owner of a large block of shares, make a mandatory offer to buy out securities from minority shareholders. The law obliges to... 30.10.2025  11:00

• Xinxing Ductile Iron Pipes recorded net profit growth of 44.67% in January-September 2025. Chinese steel company Xinxing Ductile Iron Pipes Co., Ltd. (Xinxing Ductile Iron Pipes) of Hebei Province announced that its operating revenue was 27.183 billion yuan (US$3.8 billion) from January to September this year, up 0.38 percent year-on-year. During the period, Xinxing Ductile Iron Pipes... 30.10.2025  10:00

• Bengang Steel Plates reported a net loss of 2.216 billion yuan for January-September 2025 China's largest steel producer Bengang Steel Plates Co., Ltd. Liaoning Province announced that for the period from January to September of this year, its operating revenue was 35.201 billion yuan (5 billion US dollars), down 12.47 percent from last year, and its net loss was 2.216 billion yuan (0.3... 30.10.2025  10:00

• What is it used for in the world? Most people will be surprised to learn that all the gold ever mined in the world would fit in just three Olympic pools (measuring 50x25x2 meters). Even more surprising, it may seem that a little more than half of this amount is invested in jewelry, while only 17% is invested in central bank... 30.10.2025  10:00

• India's SAIL expects consolidated net profit to decline by 53% in the second quarter of fiscal 2025-2026 Steel Authority of India limited (SAIL) achieved a consolidated net profit of INR 4.2 billion (USD 47.40 million) in the second quarter (July-September) of fiscal year 2025-26, down 53 percent from the corresponding quarter of the previous fiscal year, according to a company statement on Thursday,... 30.10.2025  09:00

• India's AAPL expects consolidated net profit to grow by 460% in the second quarter of fiscal year 2025-26. Indian company APL Apollo Limited (AAPL), a manufacturer of structural steel pipes, achieved a consolidated net profit of INR 3 billion (US$34.14 million) in the second quarter (July-September) of fiscal year 2025-26, which is 460 percent more than in the corresponding quarter of the previous... 30.10.2025  09:00