Metallurgy news
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3600 bar is taken. We go to 4000!The growth of 42% The World Gold Council plans to launch a digital form of gold. This step can revolutionize the London physical gold market worth 900 billion, creating a new method of trade, calculations and providing ingots. This new format will allow us to use gold as a digital deposit as part…
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Baosteel improves the export share up to 12%, focuses on the expansion on plates, including foreignDuring his briefing, as a result of the first half of this year, held by Baoshan Iron and Steel (Baosteel), a large Chinese steel manufacturer, stated that his strategy is to focus on the development of special long and heavy Asia's heavy and heavy plates. According to the company, its current…
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Annual efficiency of the Chilean economy increased in JulyThe Central Bank of Chile reported that the country's economy grew by 1.8 percent in July 2025 compared to July 2024, as indicated by the IMACEC index.The production of goods decreased by 0.9 percent, mining decreased by 3.3 percent, the manufacturing industry increased by 1.7 percent, trading…
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Car sales in Turkey increased by 7.2 percent in January 2025.In August of this year, sales of passenger cars and light commercial vehicles in Turkey increased by 12.8 percent of the year a year and decreased by 5.6 percent per month to 101,650 units, according to statistics published by tourist automobile distributors and the ADMD Association (ODMD). In this…
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The USA assigns a zero preliminary AD for welded pipes LD from South KoreaThe US Department of Trade (DOC) announced preliminary results of its administrative review of the order on the anti -dumping duties (AD) for the welded pipes of large diameter from South Korea for the period from May 1, 2023 to April 30, 2024. DOC previously found that Hyundai Steel Company…
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The Swiss company Stahl Gerlanfingen is upgrading the wire rodThe Swiss-based subsidiary of the Italian metallurgical concern AVF Beltrame Group, Stahl Gerlafingen AG, has upgraded its wire rod plant at its Gerlanfingen plant, according to the British manufacturer Primetals Technologies. Thanks to the modernization, the plant's wire rod production is now…
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Sales of cars in India decreased by 7.3% in August due to tax uncertaintySales of cars in India, as evidenced by the newsletters of manufacturers of dealers, in August fell sharply, fixing the decrease by 7.3 percent in annual calculus against the backdrop of uncertainty and speculation on the proposed reform of the tax and services tax (GST), which forced automobile…
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Salzgitter lays the foundation for a new scrap metal shredding plantOn September 1, 2025, the German steel company Salzgitter AG announced that it marked an important milestone in its transition to low-carbon steel production with the groundbreaking ceremony of a new large-scale scrap metal crushing plant at its subsidiary Deutsche Erz- und Metall-Union GmbH…
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The floating cost of coking coal LTA in China increased by 12.4% in August compared to July 2025According to data jointly published by the Chinese Association for the transportation and distribution of coal (CCTDA) and the Working Committee for the Raw Material Association of ferrous metallurgy (CISA) on August 31, in August of this year, the floating cost of coal coal in China increased by…
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Turkey is nearing the exhaustion of the EU's quota for HRC imports for the third quarterStarting from the last month of the EU quota period from July 1 to September 30, some import quotas for certain steel products allocated to countries such as South Korea, Taiwan, Egypt, China and some other countries have already been exhausted, according to the latest data from the European…
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