Metallurgy news

• UK Steel calls for decisive action on finance, energy and carbon reform in Budget 2025 British trade body UK Steel has called on the government to act quickly in Budget 2025, setting out six key measures to restore competitiveness, cut energy costs and accelerate decarbonisation in its latest budget document. The association is calling for rapid provision of targeted funding and... 31.10.2025  11:00

• Qatar Steel and Qatar Customs Authority to regulate scrap exports Qatar Steel has announced that it has signed a memorandum of understanding with the General Administration of Customs of Qatar, formalizing a partnership to establish controls and procedures aimed at limiting and regulating the export of scrap iron from the State of Qatar.Purpose and objectives of... 31.10.2025  11:00

• Metallurgists criticize the work of RZh� Yesterday at the conference "Transport and Metallurgy - 2025" they talked a lot about the forced outflow of cargo to road transport.Senator from the Chelyabinsk region oleg Tsepkin reported that the share of transportation of metallurgical goods by rail this year fell by 8%, while by road, on the... 31.10.2025  11:00

• India's Welspun Corp forecasts consolidated net profit growth of 53% in the second quarter of fiscal year 2025-2026 India's Welspun Corp, a manufacturer of carbon steel pipes, ductile iron pipes and fittings, achieved consolidated net profit of INR 4.4 billion (USD 49.55 million) in the second quarter (July-September) of fiscal year 2025-26, up 53 percent from the corresponding quarter of the previous year, the... 31.10.2025  10:00

• Net profit of Wujin Sustainable Steel Pipe decreased by 49.14 percent in January-September 2025 Chinese stainless steel manufacturer Wujin Stainless Steel Pipe Group Co.,Ltd, based in Jiangsu Province, announced that for the period from January to September, its operating revenue was 1.718 billion yuan (0.24 billion U.S. dollars), down 17.79 percent from last year, and its net profit was... 31.10.2025  10:00

• More materials from the museum An interesting fact is that NLMK made and presented St. Petersburg with a Glory Column in 2003 on the occasion of its 300th anniversary, which is located near the Trinity Cathedral on Izmailovsky Prospekt.The cast-iron part in the form of copies of Turkish cannons was cast in Lipetsk. The entire... 31.10.2025  10:00

• Shanxi Coking Coal's net profit decreased by 49.62 percent in January-September 2025 Major Chinese coking coal producer Shanxi Coking Coking Coal Energy Group Co., Ltd announced operating revenue of 9.122 billion yuan (US$1.3 billion) between July and September this year, down 20.84 percent year-on-year, and net profit of 420 million yuan (US$59.2 million), down 52.24 percent less ... 31.10.2025  09:00

• Baosteel reported a net profit of 7.959 billion yuan for January-September 2025 Major Chinese steel producer Baosteel announced that its operating revenue for the period from January to September this year was 232.436 billion yuan (32.7 billion U.S. dollars), down 4.29 percent from last year, and net profit was 7.959 billion yuan (1.12 billion U.S. dollars) for the period.... 31.10.2025  09:00

• Goldman Sachs Group Inc. raised its forecast for iron ore prices for 2026 to 93 per tonne due to macroeconomic support, inventory reduction and steady steel production in China. The Bank still expects iron ore prices to drop to $88 per tonne next year by the last quarter of 2026, as China's steel sector is already experiencing oversupply again.Global iron ore shipments increased 15% year-on-year this quarter, which is likely to exacerbate seasonal inventory growth at ports... 31.10.2025  09:00

• Round table of producers, suppliers and consumers of raw materials and rolled non-ferrous metals invites you on November 13 this year. in St. Petersburg for a round table of producers, suppliers and consumers of raw materials and rolled non-ferrous metalsThe key issues of the round table will be:- exchange of views on the current situation in the markets of raw materials and rolled non-ferrous... 31.10.2025  08:00