Metallurgy news
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Germany will introduce a price for industrial electricity from 2026 At the 8th Ministerial Meeting of the Friends of Industry, held in Berlin on November 3, 2025, German Economy Minister Katerina Reiche announced that Germany will introduce an industrial electricity price from January 1, 2026, with retroactive budgetary support to 2027.High energy costs have become...
05.11.2025 17:00
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IREPAS: The global long-range rental market is struggling with weak demand, oversupply and intense competition The global long products market remains under pressure due to weak demand, new capacity and low plant utilization, according to IREPAS, the global association of long products exporters and manufacturers. Demand is stagnating, supply continues to grow, and trading opportunities are dwindling in the...
05.11.2025 17:00
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Car production in Japan increased by 4.2% in January-August 2025 According to data provided by the Japan Automobile Manufacturers Association (JAMA), in August of this year, car production in Japan (including cars, trucks and buses) It amounted to 543,212 units, an increase of 0.4 percent compared to the same month in 2024. Meanwhile, in January-August 2025, car...
05.11.2025 16:00
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Nippon Steel reported a net loss in the first half of 2025-26. Nippon Steel Corporation of Japan has announced consolidated financial and operating results for the first half of the year ended September 30, 2025-26 fiscal year.For the period, the company recorded a net loss of 98.91 billion yen (643.73 million US dollars) compared to a net profit of 259.07...
05.11.2025 15:00
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Colombia's ferrous metallurgy exports Decreased by 0.2 percent in January-September 2025 In the first nine months of this year, Colombia exported 104,479 tons of ferronickel, down 9.2 percent, worth $346.55 million, down 16.3 percent from last year, as announced by the Colombian National Administrative Statistics Department (DANE). In September alone, Colombian ferronickel exports...
05.11.2025 15:00
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US Steel Adds Premium Thread line to Alabama Pipeline Plant to Meet Growing Energy Demand United States Steel Corporation (US Steel) announced a $75 million capital investment to build new premium filament at its Fairfield Tubular Operations facility in Alabama.The project, approved by the company's board of directors, is part of a broader capital deployment plan developed in...
05.11.2025 14:00
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ADMIB: Turkish steel industry is resistant to global fluctuations The Turkish ferrous and non-ferrous metals sector continued to increase exports in September this year, demonstrating resilience to global fluctuations. According to the Turkish-based Mediterranean Association of Ferrous and Non-Ferrous Metal Exporters (ADMIB), in September this year, exports of...
05.11.2025 14:00
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CISA: Coking coal purchase costs in China decreased by 31.74 percent in January-September 2025 In January-September of this year, China's weighted average purchase costs for coking coal, metallurgical coke, domestically produced iron ore, imported iron ore fines and ferrous scrap decreased by 31.74 percent, 28.01 percent, 10.64 percent, 10.5 percent and 11.77 percent year-on-year,...
05.11.2025 13:00
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Scrap imports to Turkey decreased by 6.8 percent in January-September 2025 In September of this year, the volume of scrap imports to Turkey increased by 17.7 percent year-on-year and 21.6 percent month-on-month to 1.69 million metric tons, according to data provided by the Turkish Statistical Institute (TUIK). The value of these imports amounted to $616.98 million, an...
05.11.2025 13:00
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Turkish company Kocaer Çelik received higher net profit for January-September 2025 Turkish steel manufacturer Kocaer Çelik Sanayi ve Ticaret A.S. (Kocaer Çelik) announced its financial and operating results for the first nine months of this year.During the said period, the company achieved a net profit of TL 450.50 million ($10.70 million), compared to a net profit of TL 8.20 m...
05.11.2025 12:00
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