Metallurgy news

• CELSA at IREPAS: 2025 will be a record year for steel exports from China During his speech at the SteelOrbis 2025 autumn conference and the 93rd IREPAS meeting, held in Munich on September 28-30, Alexander Gordienko, Export Director of the Spanish CELSA Group, began by saying that in July this year, the IMF lowered its forecast for global GDP growth for 2025 from 3.3... 29.09.2025  13:00

• Observation: the industry has cooled down on two fronts — demand and personnel Business confidence index by the end of May: mining 1.7%, processing 0.1%Capacity utilization is holding at 59-61%, while stocks of finished products are growing67% of enterprises cannot staff jobs — salary allowances stop workingWhat this means for business: there is a higher risk of downtime and f... 29.09.2025  13:00

• Jindal Steel doubles the power of the Angul steel plant with new 5 million tons of BF Jindal Steel limited (JSL) put into operation a new domain furnace with a capacity of 5 million tons per year at its steel Angul plant in the framework of its expansion worth $ 2.56 billion, the company announced on Monday, September 29. The production capacity of the Angul steel plant doubled to... 29.09.2025  12:00

• IREPAS Chairman: The global debt market faces constant challenges of competition and tariff uncertainty Murat Cebecioglu, Chairman of IREPAS, the global association of manufacturers and exporters of long products, delivered a welcoming speech at the SteelOrbis Fall 2025 conference and the 93rd IREPAS meeting, held in Munich on September 28-30. The conference gathered more than 400 participants,... 29.09.2025  12:00

• The Chinese FAI in transport is 2.26 trillion Yuan in January 2025. The total number of investments with the main assets (FAI) in transportation in China in January-August this year amounted to 2.26 trillion of lawyers (0.32 trillion dollars), as Yan, Deputy Minister in the Ministry of Transport of China (MOT) at a press conference belonging to the State Council... 29.09.2025  11:00

• The India-Efta Trade Agreement will enter into force on October 1. India will establish its trade agreement with the European Free Trade Association (EFTA) on October 1, marking the world's first trade pact with the European grouping, a government official said on Monday, September 29.The EFTA Four Nation block consists of Iceland, Liechtenstein, Norway and... 29.09.2025  11:00

• Kryvyi Rih TPP Boiler repairs before the heating season The Krivy Rich Thermal Plantral boiler, which provides heating to more than 345 thousand residents of the northern part of the city, is undergoing major repairs in preparation for the heating season."The company's experts are changing the steam overheating of two steam boilers that have been... 29.09.2025  11:00

• Gross profit of Chinese steel enterprises 83.7 billion yuan in January 2025 In January-August of this year, a gross profit of 83.7 billion yuan (11.8 billion US dollars) was registered in the sector of felvas in China in China compared to a gross loss of yuan registered in the same period last year, which was announced by the National Statistics Bureau (NBS). 303.51... 29.09.2025  10:00

• Corex Launches Iron Ore Port Index on September 28 Beijing Iron Ore Trading Center Trading Center (COREX) launched the iron ore port index on September 28, 2025, including the iron ore port index (61% Fe Qingdao) and the Iron ore Port index (61% Fe Caofeidian), which stood at RMB 772/WMT and RMB 781/WMT, COSTIMITY, COSTIMITY, COSTIMITY, with RMB... 29.09.2025  10:00

• The industry association of ferrous metallurgy enterprises "Russian steel" turned to the head of the Ministry of Industry and Trade to Anton Alikhanov with a request to prevent the growth of fees from the industry, which insists of Russian Railways insisted Market participants do not agree with the plans of the state monopoly to introduce an additional tariff allowance for the transportation of empty gondola cars in the amount of 10% and raise ten times a fee for finding wagons on public ways. It is characterized as a crisis. Products in the first... 29.09.2025  10:00