Metallurgy news
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Solar panel installations in China decreased by 57% year-on-year in July, accelerating from a 31% drop in June, according to the data.The NEA, as some key subsidies for local solar projects expired in early June, and investments in grid infrastructure have not kept pace with the rapid growth in renewable energy installations over the past few years.However, the indicator still grew by 76% year-on-year in the first 7 months of…
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In January 2025, Toyota's global vehicle capacity increased by 5.7 percent.Japanese automaker Toyota Motor Corporation announced that its global vehicle production increased 5.3 percent annually to 846,771 units in July this year. In particular, the company's domestic productivity decreased by 5.5 percent to 292,041 units, while its foreign products increased by 12…
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TCUD: Turkish imports increase sharply in July, raising concernsAccording to a statement released by the Turkish Steel Producers Association (TCUD), in July of this year, crude steel production in Turkey increased by 4.2 percent per year to 3.18 million tons. Tons, while in the first seven months production decreased by 0.9 percent per year to 21.48 million…
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Severstal restarts the domain furnace No. 4 after major repairsThe Russian steel SEVERSTAL resumed its modernized explosive furnace No. 4, known as Vologzhanka, at Cherepovets Iron and Steel Works (Chermk). The re -increase project required to apply 22 billion ($ 273.95 million) in investments in capital investments and marks a significant step in increasing…
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Crude steel production in Argentina shows a slight increase in JulyThe Argentine Steel Chamber Acero Argentino (AA) reported that the country's crude steel production in July reached 327,500 tons against 320,100 tons in June.On a similar comparative basis, HRC production decreased by 8.9 percent to 149,300 tons, CRC production increased by 9.2 percent to 103,200…
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Export of steel scrap from Japan grew by 17.8% in January-July 2025According to customs statistics, in July of this year, the export of Japanese scrap of ferrous metals amounted to 615,634 tons, which is 7.9 percent more compared to 570,221 tons in the same month of the previous year. In the period from January to July of this year, the country exported 4.43…
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China has released a work plan for the steel industry, with production expected to decrease by more than 25 million tons in 2025Five Chinese government departments, including the Ministry of Industry and Information Technology (MIIT), the Ministry of Natural Resources, the Ministry of Ecology and Environment, the Ministry of Commerce (IOC) and the State Administration for Market Regulation, have published a Work Plan for…
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The South Korean company Pan Ocean has concluded a contract for the transportation of goods by Vale $ 82 millionSouth Korean navigable company Pan Ocean announced the signing of a five-year iron ore contract with the Brazilian manufacturer of iron ore Vale, strengthening its positions on the global wholesale transportation market. cost 113.6 billion South Korean won ($ 82,82 Milln), will operate from October…
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New car registrations in the EU decreased by 0.7 percent in January-July 2025In July of this year, new passenger car registrations in the EU increased by 7.4 percent year-on-year to 914,680 units, according to the European Automobile Manufacturers Association ACEA.In this month, the French market (-7.7%) saw the sharpest decline, followed by Italy (-5.1%), while Spain…
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Vinton Steel collaborates with Tenova for an advanced stove with a walking podThe American subsidiary of the Japanese manufacturer became Kyoei Steel Vinton Steel LLC instructed the Italian company Tenova to put a modern fire heating furnace, which is planned to be commissioned in the first half of 2027, together with the launch of Green Citymill Flex, a new melting…
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