Metallurgy news
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China tightly controls the rare earth metals market, restricting foreign companies from creating reserves.China has urged foreign companies not to build up excess reserves of rare earth metals and products made from them, especially magnets used in electric motors and other critical technologies, threatening export restrictions."China tells companies that they cannot create huge reserves of rare earth…
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The Turkish company Borusan Boru published a lower net profit for the first half of 2025, expecting the internal inflationary pressure to be preservedA large Turkish manufacturer of steel pipes Borusan Birleşik Boru Fabrikaları Ticaret a. ş. He announced financial results for the first half of this year. during the indicated period, the company reached a net profit of 597.85 million Turkish lire ($ 14.95 million) compared with a net profit of…
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Russian MMK expands presence in Kyrgyzstan with major steel supply dealMagnitogorsk Iron and Steel Works (MMK), a Russian steel producer, has announced the signing of a large-scale supply agreement with the Kyrgyz company Metallorg Service, one of the leading distributors of steel products in the country. As part of the deal, MMK will annually supply steel products…
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Sources for free market researchTo do market research: - the market volume in buyers and money - the rate of growth, stagnation, falling - various segments - trends (including nascent) take the sign for free - there is a file in the post. Experi - to whom it is more convenient in Google docks, take here to access some sites in…
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China cuts steel production for the third month in a rowIn January-July, China reduced steel production by 3.1% compared to the same period a year earlier, to 594.47 million tons, according to the country's State Statistics Service.This is the minimum production volume for this period since 2020.In particular, in July, steel production decreased by 4%…
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Trump plans tariffs for steel imports and semiconductor chipsAccording to media reports, US President Donald Trump plans to introduce new tariffs for steel imports and semiconductor chips, which can even more shake world trade, already intense US protectionist policy. It is expected that the tariffs will initially be declared at low rates that will increase…
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Cast iron imports to Turkey increased by 51.3% in the first half of 2025In June of this year, the import of cast iron into Turkey amounted to 205,502 metric tons, which is 12.1 percent less than May and 139.3 percent more in annual calculus, according to preliminary data provided by the Turkish Statistical Institute (Tuik). Meanwhile, the cost of this import amounted…
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Indian NMDC limited sets the targeted production of iron ore of 55 million tons for 2025-26 of the financial year.The Indian government miner NMDC limited set the target indicator of iron ore production of 55 million tons during the 2025-26 financial year, compared with 44.04 million tons reached in 2024-25, the chairman of the company and general director of AMITAVA Mukerjee said in a statement on Monday…
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In Russia, labor protection becomes a strategically important task, uniting the state, business and experts to create a safe working environmentNonot is a key platform for the exchange of experience and the development of solutions in building a complex personnel policy and labor protection system. The theme of the 2025 forum: “The population is a guarantee of sustainable development.” Labor protection from the BRICS countries Exhibition…
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The production of steel in China in July decreased by 4% compared to a drop in 9% in June. More than a decrease in production, it is probably due to plansBeijing Reduce (https://www.bloomberg.com/news/articles/2025-03-05/china-to-mandate-steel-cuts-to-ease-glut-restore-profits) "Excessive" production of steel in steel in steel 2025 (up to 2-5% of the volume of China supplies in 2024, according to market estimates). Although, according to official…
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