Metallurgy news
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Metinvest of Ukraine reported a net loss for the first half of 2025The Ukrainian Mining and Metallurgical Group Metinvest has announced consolidated financial results for the first half of this year.In the period indicated, the company reported a net loss of $58 million, compared to a net profit of $179 million in the same period of the previous year, mainly due…
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Registration of new cars in South Korea increased by 13.3 percent in January-August 2025In August of this year, the registration of new cars in South Korea grew by 0.8 percent in monthly calculus and 22.6 percent in annual terms of up to 27,304 units, according to data published by the Korean Association of importers and car distributors (KAIDA). Eight months of this year…
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EUROFER: Imports of finished steel to the EU decreased by seven percent in the second quarter of 2025According to the report Economic and Steel Market Outlook 2025-2026/Q3 2025 by the Economic Committee of the European Steel Association (EUROFER), total steel imports to the EU, including semi-finished products, decreased by three percent year-on-year in the second quarter of 2025. In the same…
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Acciaierie d'Italia: The deadline for submitting applications has been postponed to September 26The Extraordinary Commissioners of the Italian steel producer in Taranto, Acciaierie d'Italia (formerly Ilva), announced that the deadline for submitting mandatory applications for the purchase of facilities has been postponed to September 26, 2025. According to the announcement, the extension is…
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Car production in Turkey increased by 3.5 percent in January-August 2025In August of this year, the volume of car production in Turkey amounted to 73,299 units, an increase of 37.0 percent year-on-year and a decrease of 42.9 percent month-on-month, according to monthly statistics released by the Association of Automobile Manufacturers of Turkey (OSD). In January-August…
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Export orders for new vessels in Japan decreased by 5.8 percent in August 2025 compared to JulyAccording to data published by the Japanese Association of Ship Exporters (JSEA), Japanese new orders for export of vessels in August this year decreased by 5.8 percent of the tonnage compared to the previous month, decreasing to 12 vessels, including general cargo vessels, eight carriers and one…
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Iron ore imports to Turkey decreased by 14 percent in January-July 2025In July of this year, Turkey's iron ore imports totaled 936,419 metric tons, down 15.5% from June and 25.9% year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, revenue from these imports amounted to $105.49 million, down 5.3% from the…
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Cadence Minerals provides financing to restart AzTeca plant in BrazilThe British mining company Cadence Minerals announced that she had taken a decisive step towards creating an early cash flow on the Amapá Iron Ore project in Brazil. Having concluded an agreement on the financing of an advance payment of $ 4.6 million by signing the main conditions, the company…
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Kametstal doubles the production of ingots on the continuous casting machine No. 1Kametstal Metallurgical Plant, a subsidiary of the Ukrainian mining and metallurgical group Metinvest, announced that its converter plant exceeded expectations, setting new production records in 2025.Record production levelsAt Kametstal's continuous casting plant No. 1 (MNLZ-1), the volume of ingot…
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The reserves of the main finished steel products in China increased by 4.2 percent in early September 2025September 10 of this year, the total internal reserves of five main finished steel products in 21 large city of China amounted to 9.2 million tons, increasing by 4.2 percent compared to August 31, as announced by the Chinese Association of ferrous metallurgy (CISA). Steel, Katanki and fittings…
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