Metallurgy news

• CPA: Section 232 steel tariffs remain critical to U. S. National Security and Industrial sustainability The Coalition for a Prosperous America (CPA), which represents domestic producers and workers in many U.S. industries and sectors, has released a new report confirming that Section 232 steel tariffs remain vital to U.S. national security, industrial sustainability, and defense supply chains as the... 07.11.2025  16:00

• Japanese JFE Steel reported a decrease in net profit for the first half of 2025 Japanese steel company JFE Holdings Co. announced consolidated financial results for the first half ended September 30, 2025-26 fiscal year.In the period, the company recorded a net profit of 28.36 billion yen ($184.79 million), compared with a net profit of 43.20 billion yen in the same period of... 07.11.2025  15:00

• The value of French steel exports decreased by 4.5% in January-August 2025 According to statistics published by the French Ministry of Economy, Finance and Industry, in January-August of this year, the main exports of steel products and ferroalloys to France amounted to € 6.3 billion, a decrease of 4.5% year-on-year.During the specified period, France exported € 841.22 mil... 07.11.2025  15:00

• Indian coking coal port import traffic increased by 8% in April-October 2025 According to data received from the Indian Ports Association (IPA) on Friday, November 7, coking coal imports into India through all major ports in the country were provisionally estimated at 36.06 million tonnes between April and October 2025 financial year, up eight percent year-on-year.According... 07.11.2025  14:00

• German Chancellor Merz promised to strengthen trade protections and ease energy consumption for the steel industry at the steel summit. On Thursday, November 6, German Chancellor Friedrich Merz held a high-level steel summit at the Federal Chancellery in Berlin, which brought together ministers, state representatives, trade unions and leaders of the steel industry to discuss what the participants called the existential crisis in... 07.11.2025  14:00

• Exports of finished steel products from China decreased by 13% YoY in October, replacing the 3% increase in September. Although this indicator is below the historical maximum, it remains at a high level. Coal imports to China decreased by 10% year-on-year in October, compared with -3% year-on-year in September. The decrease was mainly due to public holidays (there were fewer working days in October 2025). Although some market representatives expect that imports will be supported by winter... 07.11.2025  14:00

• Nippon Steel renews long-term OCTG supply agreement with Shell The Japanese steel company Nippon Steel Corporation has announced that, together with the Japanese company Sumitomo Corporation, which provides electrical services, they have entered into a new 10-year long-term framework agreement with the Dutch company Shell Global Solutions International B.V. on... 07.11.2025  12:00

• Polish government seeks bank loans to stabilize JSW Wojciech Balczun, Poland's minister of state Assets, confirmed that the Polish government is in talks with banks about possible loans to rescue Polish coking coal producer Jastrzebska Spolka Weglowa SA (JSW), according to a Reuters report. The government and banks will determine the size,... 07.11.2025  12:00

• TMK's net profit fell by 51% in 9 months According to the results of January-September 2025, the net profit of the Pipe Metallurgical Company (TMK) according to RAS decreased by 51.4% - to 13.8 billion rubles against 28.4 billion rubles a year earlier.The company's revenue decreased by 16.7%, reaching 272.83 billion rubles, gross profit... 07.11.2025  12:00

• Metallurgists in Germany on the verge of bankruptcy The price of electricity has become a matter of life and death for the German steel industry. The paradox is that without cheap "green" energy, steelmakers cannot switch to environmentally friendly technologies to meet EU climate requirements. This vicious circle threatens to destroy... 07.11.2025  12:00