Metallurgy news
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Export orders for new vessels in Japan decreased by 70.9 percent in July 2025 compared to JuneAccording to data published by the Japanese Association of Ship Exporters (JSEA), Japanese orders for export of new vessels in July this year decreased by 70.9 percent based on tonnage compared to the previous month, decreasing to seven ships of the container and four carriers, compared with 23…
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Alacero: Chinese subsidies threaten Latin America's steel industryThe Latin American Steel Producers Association (Alacero) has issued an urgent warning about the critical state of the region's steel industry, which is facing increasing pressure from Chinese overproduction and complex subsidy systems that distort global trade markets.The industry's decline is…
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The export of flat rental from Ukraine grew by 1.5% in January-July 2025In January-July of this year, the export of flat rental from Ukraine increased by 1.5 percent to 972,000 tons, while the export of semi-finished products from Ukraine amounted to 711,000 tons, which is 37.0 percent less, as in annual terms, according to the data published by the Association of…
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Industrial production in the euro area decreased by 1.3 percent in June 2025 compared to MayIn June of this year, seasonally adjusted industrial production decreased by 1.3 percent in the euro area and by one percent in the EU27 compared to May.Industrial production increased by 1.1 percent in the euro area and 0.8 percent in the EU in May. In June of this year, compared with June 2024…
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The net loss of Thyssenkrupp in the third quarter increased to € 255 million against the background of weak demand for steelMiguel Lopez, the General Director of the German steel company Thyssenkrupp, said in the financial report of the company for the third quarter, ending on June 30, 2024-25 of the financial year, that this quarter was characterized by huge macroeconomic uncertainty. The company's productivity was…
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LKAB's net profit fell in the first half of 2025, sales revenue increasedSwedish iron ore producer LKAB has released financial and operating results for the second quarter and first half of this year.In the second quarter, the company recorded a net profit of SEK 1.52 billion ($159.05 million), compared with a net profit of SEK 2.84 billion in the second quarter of…
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DGTR India recommends introducing the AD duty on the import of apartments from the former Vietnam for five yearsDirector General of India for Trade Protection Funds (DGTR) recommended introducing an anti -dumping fee (AD) on the import of alloys and illegal hot -rolled flat products from Vietnam, according to a notification published on Friday, August 15. 121.50/MT for imports of hot -rolled flat rental from…
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Italy completes deal on decarbonization of Taranto steel millAs an important step towards a greener steel industry, national and local governments in Italy have reached a historic agreement to fully decarbonize the former Ilva steel mill in Taranto. The Italian Ministry of Enterprises and Production (MIMIT) announced that the deal, signed after seven hours…
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MOC: average reinforcement prices in China decreased by 0.7% from August 4 to 10China’s Ministry of Trade (MOC) reported that from August 4 to 10 of this year, the average prices for ready -made steel in China decreased. during this period, the average reinforcement prices, high -speed rolos and steel channels were reduced by 0.7%, 0.6% and 0.3%, respectively, in respectively…
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British Steel supplies steel for cable plant in ScotlandBritish Steel has announced that it has played a key role in the construction of one of Scotland's most significant renewable energy infrastructure projects, a £350 million underwater cable plant at the port of Nigg operated by Sumitomo Electric U. Power Cables Ltd.The company has supplied more…
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