Metallurgy news
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South Africa preliminarily increases import duties on steel to protect the local industryThe International Trade Management Commission (ITAC) of South Africa announced preliminary results of a revision of tariffs for steel, begun in March this year. The commission proposed increasing import duties to protect the South African steel industry from increasing inexpensive imports mainly…
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Kardemir cooperates with Sinosteel to modernize coal injection and agglomeration plantsThe Chinese company Sinosteel Engineering & Technology Co., Ltd. has signed two important contracts with the Turkish steel company Karabuk Demir Celik Sanayi ve Ticaret A.S. (Kardemir). The projects include the construction of a 2 x 30 tph coal injection plant and the modernization of the sintering…
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Japanese Kobe Steel expands to Saudi Arabia with a new service centerJapanese steel company Kobe Steel, Ltd. She announced the creation of the Kobelco Machinery Solution Arabia (KMSA) in Saudi Arabia, one of the most important markets in the world for non -standard compressors and plastic granulation systems. This step is aimed at strengthening after -sales service…
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Turkey bans Israeli ships from entering Turkish portsAccording to media reports, Turkish port authorities have begun making informal inquiries to shipping agents planning to dock at Turkish ports to provide evidence that they are not affiliated with Israel and that they are not transporting any military or dangerous goods.The sources claimed that…
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Trump drives America into a systemic inflation change, which will influence prices and competitiveness in the coming yearsThe most rise in price of raw materials: metals in the short term can increase in price by 41%. In industry, the most tangible increase in electrical equipment (26.4%), vehicles (14.2%) and transport equipment (10.8%). even in the long term, when the business adapts and finds alternatives and finds…
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India launches a new round of auctions of coal blocks for sectors-usersThe Ministry of Coal Industry of India announced the launch of the 13th round of coal blocks for industries using steel, cement and electricity, according to the Ministry of Thursday, August 21. The upcoming 13th round will continue to offer mines with the very liberal conditions, contributing to…
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JSW Steel's Indian subsidiary has announced the winner of the auction for the coal block.JSW Steel Limited's Indian subsidiary Mivaan Steel has been declared the winner of the tender for the Rajgamar Deepside coal block in Chhattisgarh state in the 12th round of the recently concluded auction, the company said in a statement released on Thursday, August 21.The auction was held by the…
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The production of raw steel in Germany decreased by 12.1 percent in January-July 2025In July of this year, the production of steel in Germany was reduced by 13.7 percent in the annual calculus to 2.72 million tons, according to the information provided by the Federation of the manufacturers of Germany Wirtschaftsvegung Stahl (WV Stahl). In the first seven months of this year, the…
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Turkish company Çelik Halat ve Tel Sanayii reports higher net losses despite revenue growth in the first half of 2025Turkish manufacturer of steel wire and ropes from Kocaeli Çelik Halat ve Tel Sanayii AŞ. announced its financial results for the first half of this year.In the period, the company reported a net loss of 463.24 million Turkish liras ($11.32 million), compared with a net loss of 37.90 million Turkish…
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Norwegian Hydrogen and the Swedish Greenron strengthen partnership to increase the production of metals without fossil fuelNorwegian company Hydrogen AS and the Swedish company Greenron P AB announced the signing of a strategic agreement on expanding the production of metals without the use of fossil types of fuel by combining the supply of green hydrogen with direct recovery technology. Cooperation is based on…
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