Metallurgy news

• Long -term energy storage (LDES) is widely recognized by the key technology of the future, critical to maintain the stability of the network during interruptions In the work of renewable energy sources. However, in addition to potential advantages, it raises questions about the availability of raw materials and its influence on the markets of raw materials. In addition, the commercialization of LDES technologies will require a significant reduction in... 20.08.2025  08:00

• The combined turnover of the three leaders in jewelry retail – Sunlight, Sokolov and 585 Zolotoy – increased by 37.6% to 226.1 billion rubles. Besides - Three of the twelve companies showed a decrease in sales.- Sunlight, Sokolov and Tous turned out to be the fastest growing.- Tous increased sales by one and a half times against the background of a low base.- Sunlight increased turnover by 45.3% to 115.4 billion rubles- Sokolov's financial... 20.08.2025  08:00

• In June 2025, CRC exports to the United States decreased by 0.7 percent According to the export of the US Department of Trade, the export of American coils with a cold fainting amounted to 61,214 tons in June this year, which is 0.7 percent per month and decreased by 11.6 percent per year. In value, CRC exports amounted to 82.8 million dollars. The United States in... 20.08.2025  03:00

• In June 2025, imports of HRC decreased by 35.0 percent According to preliminary census data from the U.S. Department of Commerce, imports of hot flakes to the United States totaled 84,244 tons in June this year, up 35.0 percent from May and 46.0 percent from June 2024. With a value of HRC, imports totaled 56.8 million. USD. In June of the 3rd year,... 20.08.2025  03:00

• Sales of Xiaomi electric vehicles tripled The Chinese manufacturer of household electronics and electric vehicles Xiaomi increased net profit in the second quarter of 2025 by 2.3 times, while the adjusted indicator and revenue reached record maximums. as noted in the company’s press release, net profit in April-June amounted to 11.87 b... 19.08.2025  18:00

• Import of steel pipes from Turkey grew by 12.3% in January-July 2025 In January-July of this year, the total foreign trade turnover of Georgia with Turkey, which is the leading trading partner of the country, amounted to $ 1.75 billion, including imports worth $ 1.55 billion, increased by 2.2%, and exports worth $ 196.24 million, decreasing by 31.6%, as in annual... 19.08.2025  17:00

• POSCO Assan rejects rumors about sale of stainless steel plant, confirms commitment to Turkish market According to information obtained by SteelOrbis, South Korean steel giant POSCO has denied rumors of a potential sale of its Turkish subsidiary POSCO Assan TST after reports of mounting losses due to Chinese imports. The company stressed that it has no plans to withdraw from the Turkish market and... 19.08.2025  17:00

• Uzmetkombinat JSC has published its results for the 1st half of 2025 * Revenue fell by 23.1%* Cost of sales decreased by 28%* EBIT increased by 10%* Net profit decreased by 12 times* The estimated P/B ratio at 4,000 soums per share is 0.4;* The estimated P/E ratio at 4,000 soums per share is 22.The rating is below the market, upside when the situation... 19.08.2025  17:00

• The net profit of the BHP Billiton increased by 14.2 percent in 2024-25 financial year, despite the decrease in sales revenue Australian mining company BHP Billiton announced its financial results for the 2024-25 financial year, which ended on June 30. , billion in the previous financial year, while the proceeds from the company's sales decreased by 7.9% in the annual calculus to $ 51.26 billion due to lower average... 19.08.2025  16:00

• The Turkish company Hasçelik has completed a trial production with vacuum closed casting Turkish steel company Hasçelik has announced the successful trial production of hardened and tempered 42CrMo4 and 41Cr4 steels using vacuum closed casting technology. This achievement highlights the company's ongoing efforts to supply steels with superior quality, reliability, and performance.The ... 19.08.2025  16:00