Metallurgy news

• Metinvest warns that CBAM could cause a serious blow to the Ukrainian economy Alexander Vodoviz, head of the office of the CEO of the Ukrainian steel group Metinvest, warned that the EU Carbon Border Adjustment Mechanism (CBAM), which is due to come into force on January 1, 2026, could cause a serious economic shock to the Ukrainian economy.Speaking at the conference... 10.11.2025  11:00

• Assofermet Acciai: Italian market awakens amid protectionism, announced price increases In recent weeks, the Italian steel market has shown an unexpected recovery due to the tightening of trade and economic protectionist measures. Interest in the purchase has significantly revived with new dynamics from both end users and service centers specializing in carbon flat products, according ... 10.11.2025  11:00

• Production of Burgundy diamonds in the 3rd quarter of 2025 decreased by 51% year-on-year to 0.61 million carats, and quarterly sales also decreased by 43% In annual terms to 0.81 million carats against the background of the continued decline in prices for rough diamonds, IDEX reports. Recall that in July 2025, Burgundy suspended part of mining operations at the Ekati mine (Point Lake) due to "sub-economical" prices.In our opinion, the current... 10.11.2025  11:00

• An auction has begun in Goa to transfer 10 idle iron ore dumps to miners The government of the western Indian state of Goa has begun the process of auctioning 10 idle iron ore dumps with an estimated combined volume of 22 million tons, a government official said on Monday, November 10.The official said the auction to transfer 10 idle iron ore dumps to private mining... 10.11.2025  10:00

• In January-September 2025, HRC exports from Turkey increased by 24.7 percent In September of this year, exports of hot rolled steel (HRC) from Turkey totaled 299,765 metric tons, up 14.1 percent from August and 32.6 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated from these exports... 10.11.2025  10:00

• https://vvv.kommersant.ru/daughter/8192606 Prices for steel products began to declineNovember on the steel market began with a decline in prices in conditions of weak demand and pressure from Chinese exports. In the remaining months of 2025, analysts allow only technical rebounds on individual positions. In 2026, according to experts, steel... 10.11.2025  10:00

• https://www.kommersant.ru/doc/8192544 Russian coal has started to become more expensive in Western marketsDemand for Russian thermal coal has begun to grow in western directions, primarily in Turkey, where utility companies are accumulating reserves. Analysts call the Turkish market the most promising for Russian coal miners today,... 10.11.2025  10:00

• The Indian Ministry of Steel has approved a slurry pipeline for the AMNS Steel Mill project The Indian Ministry of Steel has approved ArcelorMittal Nippon Steel Limited's (AMNS) plans to connect the Chhattisgarh slurry pipeline to Andhra Pradesh for a proposed new steel plant construction project, the company said in a statement released on Monday, November 10.The slurry pipeline will... 10.11.2025  09:00

• India's SMIOL forecasts consolidated net profit growth of 331% in the second quarter of fiscal year 2025-26 to diversify into the steel and energy sectors The Indian company Sandur Manganese & Iron Ore Limited (SMIOL) achieved a consolidated net profit of 1.38 billion. rupees ($ 15.61 million) in the second quarter (April-September) of the fiscal year 2025-26, an increase of 330.99 percent year-on-year, the company said in a statement on Monday,... 10.11.2025  09:00

• Indonesia is another “victim” of the correction in the coal market Russia is far from the only coal producer in the world that has faced a decline in exports this year. Indonesia, which, like Russia, is one of the three largest coal exporters, is experiencing similar problems.Physical coal exports from Indonesia decreased by 9.8% in the first half of 2025, to... 09.11.2025  17:00