Metallurgy news
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EUROFER: Apparent steel usage increased by 2.2 percent in the first quarter of 2025, recovery expected in 2026According to the report Economic and Steel Market Outlook 2025-2026/Q3 2025 of the Economic Committee of the European Steel Association (EUROFER), in the first quarter of 2025, apparent steel consumption in the EU-27 amounted to 33.8 million tons, an increase of 2.2 percent year-on-year after an…
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Kametstal has doubled the production of finished products using casting stop technologyThe Kametstal plant of the Metinvest Mining and Metallurgical Group (Kamenskoye, Dnipropetrovsk region), due to the increased demand for continuous casting steel blanks using stop casting technology, significantly increased its production.According to the company, one of the current trends in the…
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Metso launches the DRI experimental hydrogen installation in Germany to promote the transition to green steelThe Finnish company Metso Outotec Corporation, the world leader in the field of engineering and technology, announced the official opening of the experimental and industrial installation of preliminary recovery of hydrogen Circrated ™ in Frankfurt, Germany. The object marks the key milestone in the…
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The value of Taiwan's ferrous metallurgy exports decreased by 8.4 percent in January-August 2025In August of this year, the value of Taiwan's iron and steel exports decreased by 9.7 percent year-on-year to $1.34 billion, according to statistics released by Taiwan's Ministry of Finance. This month, the cost of imports of pig iron and steel in the country amounted to $862 million, a decrease of…
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Algerian SNS signed several agreements to stimulate industrial cooperationThe Algerian National Steel Company (SNS) took an important step on strengthening its industrial base, signing eight agreements in the amount of $ 950 million with partners from Algeria, Senegal and China, according to local media reports. These transactions are aimed at strengthening national…
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Algerian-Qatari Steel signs $1.6billion deals to expand across AfricaThe Algerian-Qatari Steel Company (AQS) has announced a new wave of strategic and commercial agreements worth more than $1.6 billion. The announcement was made during the 4th African Intercontinental Trade Fair in Algeria.Landmark agreement worth $1.2 billionThe centerpiece of the deals is a $1.2…
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September showed that the August rally in the Chinese coal market has endedChina's coal imports grew in both July and August.In August, prices for thermal coal in Asia showed the longest increase in almost 2 years, but this momentum faded as domestic prices in China stabilized amid easing safety checks at mines, lower demand in the summer and increased hydroelectric power…
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Have you been introduced your last project?We are sure that the team works in a new way when you do not look? You consider the cost of a ton of products, take into account the depreciation of equipment and logistics risks. But what do you think the cost of the resistance of your team? It is time to change the rules - stop hidden losses with…
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Lead imports to Ukraine increased 9-fold, exports decreased by 14%In January-August 2025, imports of lead and lead products increased 9.1 times to $5.58 million (in August – $859 thousand).At the same time, exports decreased by 13.7% to $6.313 million (in August – $832 thousand).Lead is currently used mainly in the production of lead-acid batteries for the…
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Openai has concluded a gigantic contract with Oracle for 300 billion for cloud computing for a period of about 5 years - reports Wall Street JournalThis is one of the largest contracts for cloud computing in history. Infrastructure expenses for AI continue to grow with record pace, despite the fears of the “overheating” of the market. The scale of the transaction: - Openai will require 4.5 gigavatt of power - this is more than two gouveers'…
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