Metallurgy news
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Give us a convenient trial suitcaseThere is only one month of summer left - Hurry up to relax! The newspaper Speech, together with the company Severstal, will give the lucky suitcase for travel. to take part in the drawing of the suitcase: 1. Subscribe to the "speech" about Cherepovets 2. Subscribe to Severstal 3. Click the “Gather…
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Rio Tinto has published the lowest profit in the first half of the year over the past five years due to low iron ore pricesThe basic profit in 1P25 decreased by 16%, without justifying the expectations of the income for the first half of 2025 were the weakest since 2020 on Wednesday, the company recorded the lowest base in the first half of the years over the past five years, which is due to low prices for iron ore…
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Attracts a strategic co-investor to a project to develop the world's largest fluorite deposits in Primorsky Krai, which has been mothballed since 2013Fluorite is used in metallurgy, chemical and glass industries, and mechanical engineering. Yaroslavskoye GRK LLC owns reserves at the Voznesenskoye deposit -4570 tons and Pogranichnoye-2929 tons. In 2013, Rusal completely stopped production at the plant for modernization due to depreciation of…
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Metallurgists: results for 2 square meters. 2025 and the view of the companies last week MMK and Severstal published expected weak operating and financialThe results that reflect the continued negative conjuncture in the steel market. In this post, we will briefly consider the results and give our view of the company. Severstal • Saluations of steel products increased by 4% g/g to 2.8 million tons mainly due to an increase in the sales of cast iron…
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China opened the first offshore gold storage in Hong Kong - this changes the rules of the game in the world of finance established back in 1922In May 1922, representatives of 34 countries in Genoa agreed to use world reserve currencies as reserves instead of gold - to save on transportation. As a result, this led to manipulations when one gold was rebuilt several times on the papers and bubbles pouted. One of them led to the great…
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Nucor increased revenue by 4.7%American Nucor Corp., one of the largest steel companies in the United States, reduced net profit by 6.5% in the second quarter of fiscal year 2025, while revenue increased by 4.7%.According to a company press release, net income for the quarter ended July 5 was $603 million, or $2.60 per share…
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“Now I’ll finish the whole operating room, and then I will deal with strategic tasks,” the top managers think. But the operating room does not endOften, the general director or owner of the company cannot distract from the business for a second. He has to solve problems with personnel, processes, finances, sales - to answer literally for everything. in order to configure the company's work and leave time for strategic tasks, go through the…
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Flight number 1 left Magnitogorsk almost 2 weeks ago, and the news about the results of the president's trip has not ended.According to the Ministry of Education and Science of the Chelyabinsk Region, Vladimir Putin, during a visit to Magnitogorsk, approved a joint project of Magnitogorsk Iron and Steel Works and Nosov Moscow State Technical University to create a scientific and engineering cluster based on the…
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The price of a hot -rolled sheet in Russia at the current course is about 660/t, and the export price of the roll of the roll is 448-471/tWhat, of course, makes export strange. & quot; ... cost level in Russia is already the level of Chinese export prices. And if you take into account the costs of delivery to the seaport, the cost of transshipment and freight, then the cost can exceed 500-550 per ton, which makes a very sharp…
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We are starting to cover the gold mining sector: Polyus, Seligdar, YUGKWe are launching an analytical coverage of key gold mining players and sharing our first recommendations.:Recommendations:BUY — Pole (PLZL)BUY — Seligdar (SELG)Without recommendation — UGC (UGLD)Key theses:1 Pole (PLZL)Low score: 4.7 EV/EBITDA 2025 — historical minimumProduction growth: potential…
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