Metallurgy news
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The production of steel in the world continues to contract. This is good?Starting since 2019, world production steel has been in the range of 1,880-1,899 million tons, if we exclude the period of increased demand for steel products in 2021, caused by the Lokdown of 2020. In 2024, the steel smelting decreased by 0.9% g/g, to 1,883 million tons. month. 2025 by -1.7% g/g…
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A fresh OVERVIEW of the labor market and wages from ANTAL!• acute shortage of qualified specialists;• gap in compensation expectations — a significant part of candidates consider the level of salaries offeredLower than the market, and during the transition, employees still expect an increase of 20-30%, which does not always coincide with reality;•…
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Fortescue Partners with Envision Energy On Wind Project to decarbonize Pilbara operationsAt the United Nations General Assembly in New York, Australian Iron Mineer Fortescue Metals Group and China-Based Green Technology Envision Energy AnnouNseded A PartnerShip to Accleerate Global Indural Decarbonization and Develop Cost-Competive, Round-The-Clock Clean Energy Systems Capable of…
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IREPAS traders: Protectionist measures will continue for the foreseeable futureSpeech during the panel session on the last day of the Stilorbis 2025 Fall Conference and the 93rd IREPAS Meeting, held in Munich on September 28-30, F.D. Baisal of SEBA International, Chairman of the Traders' Committee, summarized the Committee's findings on the overall steel market situation and…
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TUIK: The export value of steel in Turkey increased by 5.2 percent in January 2025.According to preliminary statistics of foreign trade compiled by the Turkish Statistical Institute (TUIK) and the Turkish deputy customs, in August of this year Turkey’s foreign trade deficiency is 15.8 percent to $ 4.21 billion. USA compared to August 2024. In the first eight months of this year…
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TUIK: Turkey's steel imports decreased by 4.5 percent in January 2025.According to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Deputy of Customs, in August of this year, the value of iron and steel imports in Turkey fell by 13.3 percent per year, amounting to 1.71 billion dollars. In this month, iron and…
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Suppliers of raw materials in IREPAS: Global trade conditions are “destructive” out of uncertaintySpeaking of a panel session at the last day, 2025, the autumn conference and the 93rd meeting of IREPAS, held in Munich on September 28-30, Jens Björkman from the Stena Metal International, as well as the chairman of the Committee for the Committee’s conclusions regarding the general situation in…
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Chinese company Shanxi Jingang New Materials Technology orders ESP line from PrimetalsThe Chinese steel manufacturer Shanxi Jingang New Materials Technology has signed a contract with the British manufacturer Primetals Technologies for the supply of a new plant for casting and rolling thin slabs based on Arvedi Endless Strip Production (ESP) technology. According to Primetals, the…
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The German company Klöckner sells shares of eight distribution centers in the United StatesKlöckner & Co., a German manufacturer and distributor of steel and non -ferrous metals, announced the sale of seven distribution sites located in the United States and controlled by Kloeckner Metals Corporation, Russel Metals became the American manufacturer. The objects are located in Austin and…
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Japan's industrial output decreased by 1.2 percent in August 2025 compared to JulyIn August of this year, Japan's industrial production decreased by 1.2 percent month-on-month and by 1.3 percent compared to the same month in 2024, according to preliminary indexes of the industrial production report published by the Ministry of Economy, Trade and Industry of Japan (METI).On the…
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