Metallurgy news
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Bengang Steel Plates reported a net loss of 2.216 billion yuan for January-September 2025 China's largest steel producer Bengang Steel Plates Co., Ltd. Liaoning Province announced that for the period from January to September of this year, its operating revenue was 35.201 billion yuan (5 billion US dollars), down 12.47 percent from last year, and its net loss was 2.216 billion yuan (0.3...
30.10.2025 10:00
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What is it used for in the world? Most people will be surprised to learn that all the gold ever mined in the world would fit in just three Olympic pools (measuring 50x25x2 meters). Even more surprising, it may seem that a little more than half of this amount is invested in jewelry, while only 17% is invested in central bank...
30.10.2025 10:00
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India's SAIL expects consolidated net profit to decline by 53% in the second quarter of fiscal 2025-2026 Steel Authority of India limited (SAIL) achieved a consolidated net profit of INR 4.2 billion (USD 47.40 million) in the second quarter (July-September) of fiscal year 2025-26, down 53 percent from the corresponding quarter of the previous fiscal year, according to a company statement on Thursday,...
30.10.2025 09:00
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India's AAPL expects consolidated net profit to grow by 460% in the second quarter of fiscal year 2025-26. Indian company APL Apollo Limited (AAPL), a manufacturer of structural steel pipes, achieved a consolidated net profit of INR 3 billion (US$34.14 million) in the second quarter (July-September) of fiscal year 2025-26, which is 460 percent more than in the corresponding quarter of the previous...
30.10.2025 09:00
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Demand for gold accelerated sharply in 3Q: inflows into gold ETFs totaled 26 billion — Global central banks increased purchases of gold in 3Q 2025, despite record prices The growth was driven primarily by investment demand, which accelerated in the third quarter, reaching 537 tons (47% YoY) and accounting for 55% of total net gold demand.3 This momentum was driven by a powerful combination of an uncertain and unstable geopolitical environment, the weakness of the...
30.10.2025 09:00
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Additional dam stability certified by Vale The Brazilian mining agency ANM has raised emergency level 1 for the Vale Dam No. 6 at the Aguas Claras mine in Nueva lima, Minas Gerais, confirming its stability after completion of strengthening work. In addition, specialized engineering teams responsible for the Periodic Safety Review of Dams...
30.10.2025 00:00
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Platinum - Platinum will continue to strengthen despite relatively stable demand, especially in the automotive industry - The platinum market will remain in deficit, supporting price growth of 29% in 2025, with further increases expected by 4% in 2026 and 2% in 2027.Base Metals- Price performance of base metals will depend on the state of global economic growth, production disruptions and political trade...
29.10.2025 21:00
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Markets Outlook BY World Bank According to the World Bank's latest Commodity Markets Outlook report, global commodity prices are projected to Prices are forecast to fall by 7% in both 2025 and 2026 due to weak global growth, a growing oil glut and ongoing political uncertainty.Despite the recent decline, commodity prices remain above pre-pandemic levels, with forecasts showing that In 2025 and 2026, they will be 23% and 14% higher,...
29.10.2025 20:00
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Nucor increased net profit by 2.4 times American Nucor Corp., one of the largest steel companies in the United States, in the third financial quarter increased net profit by more than 2.4 times, revenue by 14.5%, both figures being better than analysts' forecasts.Million, or $2.63 per share, compared to $250 million, or $1.05 per share,...
29.10.2025 19:00
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Samarco reaches record production level in third quarter In a preview of third-quarter results, Brazilian iron ore and pellet producer Samarco said its total iron ore and pellet production reached 4.1 million tonnes, the highest since resumption of operations, up from 3.9 million tonnes in the previous quarter.Samarco product sales were consistent with...
29.10.2025 17:00
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