Metallurgy news
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The Turkish HRC Import increased by 3.5 percent in January-July 2025In July of this year, the import of a hot coil of Turkey amounted to 411,367 metric tons, which is 42.6 percent compared to June and 163.3 percent per year, in accordance with the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, The Value of these Imports Totaled $…
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SAFTU: S. Africa Steel Sector Couplapsse As Arcelormittal Shuts OperationsThe South African Federation of Trade Unions (SAFTU) has condemned Arcelormittal South Africa (AMSA) for closing its long steel operations in Newcastle and Vereeniging, and endangering the future of Vanderbijlpark. The union warned that the closures would devastate workers and communities…
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Steegra's Green Steel project in Sweden is looking for new financingSwedish industrial company Steers, the developer of one of the largest European green steel projects in Boden, is under financial pressure after state funding was partially withheld. Despite the fact that the EU approved 265 million euros as Swedish support, only 100 million euros were released…
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S. Korea imposes advance advertising in HRC from China and JapanSouth Korea’s Ministry of Trade, Industry and Energy has announced that it has decided to impose provisional antidumping duties on hot rolled coil from China and Japan, following the recommendation of the country’s Trade Commission.The provisional antidumping duty rates are at 31.58 percent, 32.75…
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Italy needs a balanced combination of technology and a clear roadmap to achieve the goals of energy transition by 2050During the annual event of the Ambrosetti forum held in Chernobibio, Italy, on September 5-7, 2025, the leading Italian energy company Edison and the Analytical Center group of the European House Ambrosetti (Tex) presented a study called the “state of energy transition to Italy: the principles and…
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US Steel to stop processing at Granite City WorksAccording to media reports, US Steel has announced that it will stop processing at its Granite City Works plant.It is reported that the company has retained about 800 employees to handle operations and continues production of the enterprise until 2027. This is due to a U.S. agreement agreed with…
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Mining companies Anglo American and Teck Resources have agreed to merge at a cost of 53 billion, in the second largest mining deal in history.Anglo American shares rose by more than 7% following the merger announcementAnglo American will own 62.4% of the newly merged Anglo Teck company, while Teck shareholders will own 37.6%.Anglo Teck headquarters will have In Canada, but the initial stock listing is in London, said two companies with a…
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Prices for steel in Russia fell again and updated the annual minimum“Such a dynamics of prices coincides with our expectations and again emphasizes that the“ cyclic bottom ”in the Russian steel industry has not yet been passed. We believe that by October, the quotes of metal rolling can lose even 5%, which is especially negative for Severstal and MMK: both…
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In August, the production of cast iron increased to 747.5 thousand tonsUkrainian metallurgical enterprises in January-August 2025 increased the production of cast iron by 8% compared to the same period last year-up to 5.109 million tons. according to Ukrmetallurgprom, in August the production of cast iron amounted to 747.5 thousand tons, while in July-621.1 thousand…
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Ukraine reports an eight percent increase in pig iron production in January-August 2025In August of this year, pig iron production in Ukraine totaled 747,500 tons, an increase of eight percent month-on-month and 16.1 percent year-on-year, according to data released by the Ukrainian Steel Association Ukrmetallurgprom.In this month, the country's pig iron production increased by 11.9…
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