Metallurgy news
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The Swiss company Stahl Gerlanfingen is upgrading the wire rodThe Swiss-based subsidiary of the Italian metallurgical concern AVF Beltrame Group, Stahl Gerlafingen AG, has upgraded its wire rod plant at its Gerlanfingen plant, according to the British manufacturer Primetals Technologies. Thanks to the modernization, the plant's wire rod production is now…
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Sales of cars in India decreased by 7.3% in August due to tax uncertaintySales of cars in India, as evidenced by the newsletters of manufacturers of dealers, in August fell sharply, fixing the decrease by 7.3 percent in annual calculus against the backdrop of uncertainty and speculation on the proposed reform of the tax and services tax (GST), which forced automobile…
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Salzgitter lays the foundation for a new scrap metal shredding plantOn September 1, 2025, the German steel company Salzgitter AG announced that it marked an important milestone in its transition to low-carbon steel production with the groundbreaking ceremony of a new large-scale scrap metal crushing plant at its subsidiary Deutsche Erz- und Metall-Union GmbH…
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The floating cost of coking coal LTA in China increased by 12.4% in August compared to July 2025According to data jointly published by the Chinese Association for the transportation and distribution of coal (CCTDA) and the Working Committee for the Raw Material Association of ferrous metallurgy (CISA) on August 31, in August of this year, the floating cost of coal coal in China increased by…
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Turkey is nearing the exhaustion of the EU's quota for HRC imports for the third quarterStarting from the last month of the EU quota period from July 1 to September 30, some import quotas for certain steel products allocated to countries such as South Korea, Taiwan, Egypt, China and some other countries have already been exhausted, according to the latest data from the European…
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WEF: critical reserves of minerals in the south of Africa - the key to the global energy transitionThe World Economic Forum (VEF), in cooperation with the Bank for the Development of South Africa and McKinsey & Company, issued a report that emphasizes the huge potential of the southern part of Africa in the supply of the most important minerals necessary for the transition to pure energy…
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Canadian Algoma Steel launches new electric arc furnaceAlgoma Steel, a Canadian steel company, has reached an important milestone in its transformation of green steel by producing the first thermal energy at its new Electric Arc Furnace (EAF) plant in South Ste. Marie, Ontario. According to Italian manufacturer Danieli, supplier of the electric arc…
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Sumitomo and Itochu-Maryubeni will combine units for the distribution of sheet steel by October 2025Japanese Sumitomo Corporation Global Metals (SCGM) and ITOCHU-MARUBENI STEEL announced the merger of their distribution operations in flat steel. Integration will unite their joint enterprises Mazda Steel and Benichu Summit Coil Center, which specialize in storage, processing and distribution of…
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Fenix Resources secures 30-year iron ore mining rights for the Weld Range projectAustralian mining company Fenix Resources Ltd has announced the signing of a binding mining rights agreement with Sinosteel Midwest Corporation Limited (SMC), a subsidiary of China Baowu Steel Group, granting Fenix an exclusive 30-year right to extract and export iron ore from the Weld Range…
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Average new home prices in 100 Chinese cities rose 0.2% in August from July 2025.In August of this year, average new home prices in 100 major Chinese cities totaled 16,910 yuan/square meter ($2,382/square meter), up 0.2 percent per month, while increasing 2.73 percent per year, according to the CIA, the largest independent independent real estate research organizations in…
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