Metallurgy news
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Russia increases the quota for export of scrap outside the EAEUThe Russian government announced the expansion of the export of scrap and waste of ferrous metals outside the Eurasian Economic Union (EAEU), which in addition to Russia includes Armenia, Belarus, Kazakhstan and Kyrgyzstan. This measure is designed to allow exporters to sell additional volumes that…
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MOC: average reinforcement prices in China decreased by 0.1 percent from 11 to 17 AugustThe Chinese Ministry of Trade (MOC) reported that in the period from August 11 to 17 of this year, the average prices for ready-made steel in China ranged in a limited range. during this period the average prices for a hot-rolled steel strip and an ordinary steel sheet grew by 0.3 percent, while…
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Shagang's net profit increased by 49.53 percent to 156 million yuan in the first half of the yearShagang Co., Ltd. (Shagang), based in Jiangsu Province, announced that its net profit for January-June this year amounted to 156 million yuan ($21.9 million), which is 49.53% more than in the previous year.In the quarter, Shagang recorded operating revenue of 6.827 billion yuan ($0.96 billion)…
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Shandong Steel returns to profit in h1Chinese steel company Shandong Iron and Steel Company Ltd published its financial report in the first six months of this year, saying that it registered an operational income of $ 36.906 billion ($ 5.2 billion. 5.197 million tons of pig iron, 7.45 million tons of raw steel and 7.789 million…
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The main industries of India's Indian sectors show two percent growth in JulyIndia's eight industries, designated as "core industries," registered two percent growth in July 2025, a slight increase from the previous month in June, according to government data released on Friday, August 22.The data showed that coal production decreased by 12.3 percent in July, compared with…
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Come tomorrow at the Manege for the lecture https://t.me/psmmedved “Aesthetic intelligence in industry: a design that inspires people and sellsbrand " https://moscow2030.mos.ru/events/lektsiya_esteticheskiy_intellekt_v_promyshlennosti_dizayn_kotory_vdokhnovlyaet_lyudey_i_prodayet_br/Imagine an industrial zone. But it is not necessary to see her gray and gloomy. The trend of modern factories is for style and design. Andrei Medvedev…
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Pakistan steel industry is undergoing a crisisPakistan Association of Large Steel Production - PALSP, Pakistan Association) notes that Pakistan’s black metallurgy, which plays an important role in the country's economy, is in a deep crisis state. Many steel plants are closed, and the continuing to function are loaded by 20-30%, faced with high…
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Export prices for Russian steel in the Black Sea dropped to 440 per ton, which is 10 less than the level of a week earlier, and may drop to 430Prices for Russian steel billets continue to decline amid weak demand and rising freight rates. According to BigMint, in the ports of the Black Sea, the cost of semi-finished products in mid-August was 440-445 per ton (FOB), which is 10 less than a week earlier. Rusmet estimates the price at 35.82…
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US BEAM exports 25.0 percent in June 2025According to exports from the US Department of Trade, the export of heavy structural forms of the United States (including U, I, H, L and T Section Beams) amounted to 16,143 tons in June of this year, decreasing by 25.0 percent compared to May and decreased by 39.7 percent compared to last June. At…
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In June 2025, OCTG imports to the United States decreased by 29.9 percentAccording to preliminary census data from the U.S. Department of Commerce, the oil country's tubular goods (OCTG) imports totaled 133,381 tons in June this year, up 29.9 percent from May and 5.8 percent annually. In terms of price, OCTG imports in June amounted to 164.0 million. USD. Compared to…
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