Metallurgy news
-
Polish JSW company expands coking coal reserves with new long face at Budryk minePolish coking coal producer Jastrzebska Spolka Weglowa SA (JSW) has announced that it has started work on a new large long wall at its Budryk mine. The extended wall of Bw-1, located in reservoir 405/2, contains reserves of type 35.1 coking coal in the amount of more than 1.6 million tons, which…
-
Arcelormittal Mexico resumes DRI operations after the incident with Lasaro CardenasArcelormittal Mexico announced a significant progress in restoring operations at its factory in Lasaro Cardenas after the incident on August 18, which influenced the production of Iron of direct recovery (DRI) at HYL plants. Two of the four HYL reactors have currently returned to fully power, which…
-
Ukrainian "Zaporizhstal" recorded a 6.7% increase in steel production in January-August 2025The Ukrainian Metallurgical Plant Zaporizhstal, owned by Metinvest, announced production results for August and the first seven months of 2025.In August, Zaporizhstal produced 310,800 tons of pig iron, 277,300 tons of steel and 245,900 tons of finished steel, an increase of 19.8 percent, 17.1…
-
In July, the world central banks acquired 10 tons of gold, against 38 tons in June, noted by the 26th contract a month of accumulation of reservesIn general, in July, relatively modest purchases of central banks were observed, led by the purchase of 3 tons of Kazakhstan. Recall that the official purchases of central banks make up about a third of demand from real state institutions at a spare price, gold continues to bargain above the fact…
-
Indian VSSL will build a special steel plant worth $ 284 million with the Japanese Aichi SteelIndian company Vardhaman Special Steel limited (VSSL) announced plans to create a special steel plant worth $ 284 in partnership with the Japanese Aichi Steel Corporation (ASC). The new project is aimed at strengthening the special steel capacities of India while promoting environmentally friendly…
-
NBS: The prices of local Chinese fittings decreased by 1.3 percent in late August 2025At the end of August (August 21-31) this year, the average price in China in 20 mm Armor HRB 400E decreased by 42.8 yuan/million. Doll. USA ($ 6.0) or 1.3 percent to 3218.2 yuan ($ 453/MT) compared to the price in the middle of repayment (August 11). In this period, the average prices for a wire…
-
Turkish rebar exports increased by 23.8 percent in January-July 2025In July of this year, Turkey's rebar exports increased by six percent per year and by 20.4 percent month-on-month to 352,728 metric tons, according to data provided by the Turkish Statistical Institute (TUIK). The value of these exports totaled $191.68 million, down by 0.3 percent year on year and…
-
It is time for Russia to actively develop the use of "golden" digital financial assets (CFAs) in international settlementsThese assets are digital tokens backed by gold, the value of which is pegged to the current price of the precious metal. Such an initiative can become a tool to circumvent sanctions, reduce dependence on the dollar and traditional payment systems, Pavel Gamov, an expert at the MMC industry, told…
-
Vaporizhkox increased Coca-Cola production to 592.6 thousand tons since the beginning of the yearPJSC "Vaporizhkox", one of the largest producers of Coke chemical products in Ukraine, which is part of the Metinvest Group, increased Blast Furnace Coca-Cola production by 1.46% in January this year compared to the same period last year to 592.6 thousand tons. 79.6 thousand tons of Coca-Cola were…
-
Shares of the main finished steel products in China grew by 4.7 percent in late August 2025on August 31 of this year, the total internal reserves of the five main finished steel products in 21 large city of China amounted to 8.83 million tons, increasing by 4.7 percent compared to August 20, as declared the Chinese iron and steel association. The wired rods and reinforcement increased by…
Pages
← previous
next →
