Metallurgy news
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ArcelorMittal reports 72% increase in net profit for January-September 2025 Luxembourg steel producer ArcelorMittal has announced its financial results for the third quarter and the first nine months of the current year.In the third quarter of this year, ArcelorMittal recorded a net profit of $377 million compared to $1.79 billion in the second quarter, while its sales...
06.11.2025 17:00
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Severstal completes major repairs of electric arc furnace at CherMK The Russian steel company Severstal has announced the completion of the autumn overhaul program for the electric steel production chain at the Cherepovets Metallurgical Combine (CherMK).The large-scale repairs included complex work on electric arc furnace No. 1, ladle furnace No. 2 and a continuous...
06.11.2025 16:00
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ArcelorMittal to build steel powder production plant in Spain The Luxembourg-based ArcelorMittal steel company has received an environmental permit from the Principality of Asturias to build a new industrial steel powder plant in Aviles, northern Spain, according to local media reports. This approval marks an important step in the company's strategy to...
06.11.2025 16:00
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The German company Klöckner reported a decrease in net loss for the third quarter of 2025 Klöckner & Co., a German manufacturer and distributor of steel and non-ferrous metals, announced its financial results for the third quarter and the period from January to September of this year.In the third quarter, the company recorded a net loss of 13 million euros, compared with a net loss of ...
06.11.2025 15:00
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Swedish company SSAB accelerates transition to premium steel Swedish specialty steel manufacturer SSAB has unveiled its strategic plan to accelerate the growth of its premium steel offering with a focus on the most attractive customer segments, revealing ambitious goals to move the company further along the value chain and increase profitability by leading...
06.11.2025 15:00
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DMZ tripled its loss in the first nine months of 2025 to UAH 467 million PJSC Dnipro Metallurgical Combine (DMZ, formerly Evraz-DMZ), part of businessman Alexander Yaroslavsky's DCH Steel Group, increased its net loss by 3.1 times in January-September of this year compared to the same period last year to UAH 467.490 million from UAH 152.309 million.According to the...
06.11.2025 15:00
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Indian VPTL puts into operation a new seamless stainless steel pipeline The Indian company Venus Pipes & Tubes Limited (VPTL), a manufacturer of stainless steel pipes and tubes, has commissioned a new facility with a capacity of 1,800 tons per year for the production of seamless pipes and tubes, the company said in a statement on Thursday, November 6.With the...
06.11.2025 14:00
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The volume of production in the French steel industry increased by 0.5 percent in September 2025 compared with August According to statistics released by the French National Institute of Statistics and Economic Research (INSEE), French output increased by 0.9 percent month-on-month in September this year after falling by one percent in August this year. In the July-September quarter, French output increased by 1.3...
06.11.2025 14:00
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The mining and metallurgical industries of Russia and the EAEU are entering the strategic arena in the context of the transformation of the global technological The digital and geopolitical landscape. The emerging steady demand in the Asia-Pacific region and the Indian subcontinent creates long-term investment prospects in specialized product niches and industry solutions.Over the past six years, the Group, together with the expert scientific community,...
06.11.2025 14:00
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Eurozone industrial producer prices fell 0.1 percent in September 2025 compared to August According to a report published by Eurostat, the Statistical Office of the European Union, industrial producer prices fell by 0.1 percent in the euro area and 0.1 percent in the European Union (EU) on a monthly basis in September 2025.Year-on-year in the month, industrial producer prices increased...
06.11.2025 13:00
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