Metallurgy news
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Export of steel scrap from Japan grew by 17.8% in January-July 2025According to customs statistics, in July of this year, the export of Japanese scrap of ferrous metals amounted to 615,634 tons, which is 7.9 percent more compared to 570,221 tons in the same month of the previous year. In the period from January to July of this year, the country exported 4.43…
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China has released a work plan for the steel industry, with production expected to decrease by more than 25 million tons in 2025Five Chinese government departments, including the Ministry of Industry and Information Technology (MIIT), the Ministry of Natural Resources, the Ministry of Ecology and Environment, the Ministry of Commerce (IOC) and the State Administration for Market Regulation, have published a Work Plan for…
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The South Korean company Pan Ocean has concluded a contract for the transportation of goods by Vale $ 82 millionSouth Korean navigable company Pan Ocean announced the signing of a five-year iron ore contract with the Brazilian manufacturer of iron ore Vale, strengthening its positions on the global wholesale transportation market. cost 113.6 billion South Korean won ($ 82,82 Milln), will operate from October…
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New car registrations in the EU decreased by 0.7 percent in January-July 2025In July of this year, new passenger car registrations in the EU increased by 7.4 percent year-on-year to 914,680 units, according to the European Automobile Manufacturers Association ACEA.In this month, the French market (-7.7%) saw the sharpest decline, followed by Italy (-5.1%), while Spain…
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Vinton Steel collaborates with Tenova for an advanced stove with a walking podThe American subsidiary of the Japanese manufacturer became Kyoei Steel Vinton Steel LLC instructed the Italian company Tenova to put a modern fire heating furnace, which is planned to be commissioned in the first half of 2027, together with the launch of Green Citymill Flex, a new melting…
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Nippon Kinzoku develops environmentally friendly stainless steel STA for high precision applicationsThe Japanese company Nippon Kinzoku Group has announced the launch of a new special tension annealing (STA) made of stainless steel, located under its series of eco-friendly products. The STA finish represents an innovation over conventional tensile annealing, providing higher dimensional…
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Sword in the 1st half of the year increased the production of steel by 2%, reduced coal production by 28%The Mechel report at a loss is 40.5 billion p VS 15.9 million year earlier .... Mechel accepted to stop the production of unprofitable products. It continues to discuss with creditors options for reducing the load on the cash flow in 2025-2026 due to a change in the schedule for paying loans with…
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Anyang Steel received a net profit of 38.0583 million yuan for the first half of 2025Chinese steel company Anyang Iron and Steel Co., Ltd. From the province of Henan, she announced that in January-June of this year she registered an operational revenue of 15.515 billion yuan ($ 2.2 billion), which is 12.09% less compared to the same period last year, and net profit amounted to…
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Indian JSW Steel forms joint venture with Andhra Pradesh Mining Division to develop iron ore projectIndia's JSW Steel Limited and Andhra Pradesh Mineral Development Corporation Limited (APMDCL), the mining arm of the government of Andhra Pradesh, have formed a joint venture to develop the Konijedu Marlapadu integrated iron ore project in Andhra Pradesh, the company said in a statement on…
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Kocaer çelik expects to improve market conditions in 2026, investments will continueThe Turkish manufacturer became Kocaer çelik showed strong results in the second quarter, and its net profit increased by 80 percent in the annual calculus of about 100 million Turkish lires, despite the difficult conditions in the global steel market. The steel company is aimed at 10 percent…
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