Metallurgy news

• CISA Mills daily crude steel output fell 9.8% at end-October 2025 and inventories also fell The China Iron and Steel Association (CISA) reported that at the end of October (October 21-31) this year, the average daily production of crude steel by large and medium-sized steel mills in China - all CISA members - was 1.817 million tons, down 9.8% compared to mid-October (October 11-20) this... 06.11.2025  11:00

• US Steel introduces "new era of growth" in partnership with Nippon Steel The United States Steel Corporation (US Steel) has outlined a landmark growth strategy in its partnership with Japanese steel company Nippon Steel, ushering in a "new era of growth" for the American steel industry. US Steel has announced plans to raise $14 billion in capital, with $11 billion being... 06.11.2025  11:00

• In the period from 2024 to 2030, the global demand for lithium, according to the baseline scenario, will grow by 146%, while the demand for graphite and cobalt According to the forecast, it will increase by 50-75%, mainly due to electric vehicles and energy storage systems. In addition, the demand for rare earth metals needed for permanent magnets used in wind turbines and electric motors is projected to increase by 45%. At the same time, in 2024, China... 06.11.2025  11:00

• CPCA: Retail sales of passenger vehicles in China grew by 6.0% in October 2025 According to the automobile market analysis conducted by the China Passenger Car Association (CPCA), retail sales of passenger cars in China in October this year totaled 2.387 million units, up 6.0 percent year-on-year and up 7.0 percent month-on-month.In the current year through October 31, retail... 06.11.2025  10:00

• SAIL steel plant in Bokaro produces steel for electrical and agricultural equipment for the first time. The Bokaro Steel Mill (BSP), owned by the Indian state-owned steel manufacturer Steel Authority of India Limited (SAIL), has achieved a significant breakthrough by developing electrical steel and boron-manganese steel for the first time in India, the company announced on Thursday, November 6.The... 06.11.2025  10:00

• China's auto dealer inventory warning index stood at 52.6 percent in October 2025. According to a statement by the China Automobile Dealers Association, China's auto dealer inventory warning index stood at 52.6 percent in October this year, up 2.1 percentage points year-on-year and down 1.9 percentage points month-on-month.The warning index indicated a decline from the previous... 06.11.2025  09:00

• Hebei Steel Sector PMI Rose to 48.8 percent in October 2025 In October of this year, the purchasing Managers' Index (PMI) of the steel sector in China's Hebei Province increased to 48.8 percent, up 0.1 percentage points from the previous month, according to the Hebei Province Metallurgical Industry Association (MIA). In a given month, the PMI trend for the... 06.11.2025  09:00

• Rating: Gold reserves/gold reserves by country (2025) Russia and Australia have approximately 12,000 tons of undeveloped gold reserves each, which together account for almost 40% of the global total.In total, 10 countries account for more than 85% of the world's untapped gold deposits, the value of which exceeds 7 trillion.This visualization ranks... 06.11.2025  09:00

• Rio Tinto launches investigation into corruption at Oyu Tolgoi oil field Rio Tinto's acquisition of the Turquoise Hill mine has been suspended indefinitely due to personnel corruption.The Oyu Tolgoi underground mine is a critical development project in Rio. Rio Tinto Group subsidiary Oyu Tolgoi LLC is conducting an internal investigation into allegations of corruption... 06.11.2025  08:00

• From the fourth quarter of 2025, the world's largest mining company will pay for 30% of its spot iron ore sales to China in yuan, not in US dollars. Fifteen years ago, BHP CEO Marius Kloppers restructured the iron ore trade by abolishing the annual benchmark and introducing spot index pricing. This move shifted power towards mining companies and anchored the market in the US dollar system.This time the situation has changed. By accepting... 06.11.2025  07:00