Metallurgy news
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Danieli acquires 30% of NovastilMec shares to expand the processing portfolioThe Italian plant manufacturer Danieli announced the acquisition of a 30 percent share in Novastilmec, an Italian company specializing in high-performance technological lines. This step strengthens the Danieli decoration, especially in steel and colored flat products, as well as also It opens up…
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Turkish IDC reduces net loss and increases sales revenue in the first half of 2025Turkish valve manufacturer Izmir Demir Çelik Sanayi A.Ş. (IDÇ) announced financial and operating results for the first half of this year.During the period, the company recorded a net loss of 718.55 million Turkish liras ($17.56 million), compared with a net loss of 3.14 billion Turkish liras in the…
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JSW coal sales in Poland exceeded plans for July 2025Polish manufacturer of coal coal Jastrzebska Spolka Weglowa SA (JSW) announced operating results for July this year. The company saved the annual production of coal above the plan and reached the growth in the coke segment. In July, JSW mined 1.23 million tons of coal, which is 94.5% of the coal…
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The Turkish company Erciyas Çelik Boru reported a net loss for the first half of 2025Turkish pipe manufacturer Erciyas Çelik Boru Sanayi A.Ş. announced financial results for the first half of the current year.During the period, the company recorded a net loss of 93.08 million Turkish liras ($2.43 million), compared with a net profit of 30.65 million Turkish liras for the same…
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The German steel industry calls for increasing the protection of steel trade in the EU from excess capacity in AsiaThe German Alliance CCI-Stel, representing the main regions-manufacturers throughout Germany, shared his reviews as part of the consultation process, which was started by the European Commission in July this year to form the next generation of steel protection measures. The Alliance urged the…
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Iron ore production in China decreased by 5.4 percent in January-July 2025In January-July of this year, China's iron ore production totaled 595.914 million tons, down 5.4 percent year-on-year, according to the National Bureau of Statistics of China (NBS).In July alone, China's iron ore production totaled 86.325 million tons, an increase of 21.8 percent year-on-year…
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Long -term energy storage (LDES) is widely recognized by the key technology of the future, critical to maintain the stability of the network during interruptionsIn the work of renewable energy sources. However, in addition to potential advantages, it raises questions about the availability of raw materials and its influence on the markets of raw materials. In addition, the commercialization of LDES technologies will require a significant reduction in costs…
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The combined turnover of the three leaders in jewelry retail – Sunlight, Sokolov and 585 Zolotoy – increased by 37.6% to 226.1 billion rubles. Besides- Three of the twelve companies showed a decrease in sales.- Sunlight, Sokolov and Tous turned out to be the fastest growing.- Tous increased sales by one and a half times against the background of a low base.- Sunlight increased turnover by 45.3% to 115.4 billion rubles- Sokolov's financial…
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In June 2025, CRC exports to the United States decreased by 0.7 percentAccording to the export of the US Department of Trade, the export of American coils with a cold fainting amounted to 61,214 tons in June this year, which is 0.7 percent per month and decreased by 11.6 percent per year. In value, CRC exports amounted to 82.8 million dollars. The United States in…
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In June 2025, imports of HRC decreased by 35.0 percentAccording to preliminary census data from the U.S. Department of Commerce, imports of hot flakes to the United States totaled 84,244 tons in June this year, up 35.0 percent from May and 46.0 percent from June 2024. With a value of HRC, imports totaled 56.8 million. USD. In June of the 3rd year…
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