Metallurgy news
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Iron ore imports to Turkey decreased by 7.1 percent in January-September 2025 In September of this year, Turkey's iron ore imports totaled 975,684 metric tons, up 16 percent from August and down 5.9 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, revenue from these imports amounted to $100.56 million, an...
17.11.2025 12:00
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The Chinese company Hengyang Valin commissioned Danieli to upgrade the capacity of seamless pipes Italian manufacturer Danieli Technologies has announced that Chinese pipe manufacturer Hengyang Valin has commissioned it to expand its seamless pipe capabilities by supplying two SDM cutting lines for its new large-scale pipe production project in China. The facility, which is currently under...
17.11.2025 12:00
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Turkey's OYAK receives $400 million loan to support sustainable growth Turkey's OYAK Group announced the signing of a $400 million loan agreement with DenizBank and its shareholder Emirates NBD (ENBD). The loan has a six-year repayment term, including a one-year grace period.Purpose and use of financingThe loan will be used to finance strategic investments in line...
17.11.2025 11:00
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China's real estate investment fell 14.7 percent in January-October 2025 Between January and October this year, total real estate investment in China was 7.3563 trillion yuan ($1.04 trillion), down 14.7% year-on-year, 0.8 percentage points faster than the decline recorded in the first nine months of this year, China's National Bureau of Statistics (NBS) announced....
17.11.2025 10:00
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Indian KIOCL Limited reports a decrease in net loss in the second quarter of fiscal year 2025-26 Indian state-owned iron ore pellet producer KIOCL Limited reported a net loss of 171.60 million rupees ($1.93 million). in the second quarter (July-September) of the fiscal year 2025-26, which is lower than the net loss of 692.10 million rupees ($7.80 million) in the corresponding quarter of the...
17.11.2025 10:00
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China's FAI will decline by 1.7 percent in January-October 2025 Between January and October this year, China's total fixed asset investment (FAI) (excluding rural households) was 40.8914 trillion yuan (US$5.8 trillion), down 1.7 percent from last year, China's National Bureau of Statistics (NBS) announced.In the first ten months, China's overall infrastructure...
17.11.2025 09:00
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Industrial production of China's steel industry increased by 5.3 percent in January-October 2025 In the period from January to October of this year, industrial value-added products in the smelting and rolling of ferrous metals in China recorded an increase of 5.3 percent year-on-year, as announced by the National Bureau of Statistics of China (NBS) on November 14.In October alone, industrial...
17.11.2025 09:00
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January ore futures on the Dalian Exchange fell by 4.4% to 107.4/t from October 31 to November 10, and December contracts on the Singapore Exchange fell by 4% to 102/t. On the Black Sea square billet market (Black Sea FOB), average quotes in October decreased by 5 to 433/t. At the same time, exporters plan to increase by 2-3 to 443-447/t.The reference export price of Brazilian slab in October increased slightly by 3, to 458/t (FOB terms).Canadian steel companies...
17.11.2025 07:00
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China's steel output fell 12% year-on-year in October, accelerating from a 5% fall in September. The recent decline in output comes as Beijing plans to cut “excessive” steel output in 2025 (to 5% of China's 2024 supply, according to market estimates) and strictly prohibit new capacity expansion in 2025-26. Although local crude steel production fell 4% year-on-year in the first 10 months of 202...
17.11.2025 06:00
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Kazakhstan — focus on mining industry Cove Capital (USA) — invests 1.1 billion in the development of tungsten deposits. This is one of the largest C51 projects in the USAChina is the main producer and consumer of tungsten in the world. He mines it at home and uses it in industry, mainly in steelmaking. Another role of tungsten in the f...
17.11.2025 06:00
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