Metallurgy news
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Nippon Steel reports his investments in US SteelThe Japanese steel company Nippon Steel has released the details of its planned investments of $ 4 billion in a new steel plant with an electric shock (EAF) for its American subsidiary US STEEL, which, as expected, will begin in 2029. according to local media, so Mori. Nippon Steel vice president…
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India's Steel Ministry will set individual emission reduction targets for steel millsThe Indian Ministry of Steel is preparing to introduce individual emission reduction targets for steel producers, government sources confirmed on Friday, August 29. The initiative aims to balance India's urgent need to decarbonize the steel industry with the diverse capabilities of various steel…
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Italian Marcegaglia collaborates with Danieli for the construction of a mini-factory in FranceThe Italian manufacturer became Marcegaglia took an important step to expand its capacities for the production of steel, signing an agreement with the Italian manufacturer Danieli on the beginning of the engineering phase of the Mistral mini-plant in the Fos-Sur-Mer, France. The project marks…
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German engineering manufacturers warn about the risks associated with the tariff deal between the EU and the United States on steel andThe German Federation of Mechanical Engineering (VDMA) has expressed serious concern about the recent tariff agreement between the EU and the United States, warning that the deal could undermine the competitiveness of German machinery exports and endanger thousands of jobs.Concerns about expanded…
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The UK will introduce CBAM in 2027 to prevent carbon leakageGreat Britain confirmed that from January 1, 2027, it will introduce a mechanism for adjusting carbon borders (CBAM), aimed at combating carbon leakage and supporting its target by pure zero emissions by 2050. This step is consistent with the UK obligation to reduce emissions by 68 percent by 2030…
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China limits coal production to maintain prices, in particular, in Shanxi - the largest coaling province of China - 54 out of 153 mines for productioncoal coking (the total capacity of which is 61 million tons, which is 5.5% of the global coke offer and 17% of world exports in 2024) suspended or reduced prey. This decision was also associated with measures of safety and protection of the environment in the pretext of a large -scale military…
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Rosstat has recorded the strongest collapse in production in metallurgy since the beginning of its history. In July, the country's output of metallurgical products fell by 10.2% year-on-yearOver the past year and a half, the situation in the ferrous metallurgy industry has been gradually deteriorating. This is due to a slowdown in the construction sectorAnd a 44% contraction in exports over the past three years. (from 34 to 19.5 million tons).Last year, steel production decreased by…
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MOC: The average reinforcement prices in China decreased by 1.1 percent in August 18-2425. 2025The Chinese Ministry of Trade (MOC) announced that during August 18-24 this year the average steel prices in China have decreased slightly. in this period, the average prices for high-speed wire rod, arrest and hot steel, reduced by 1.2 percent, 1.1 percent and 0.6 percent, during weeks…
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HBIS company posts net profit of 598 million yuan for H1 2025The Chinese company HBIS Company Ltd, based in Hebei Province
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Sansteel Minguang publishes a net profit of 138 million yuan for h1 2025Chinese Chinese steeling steel Sannsteel Minguang Co., based in the province. Registered in the same period last year. Even 44.75 percent per year
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