Metallurgy news

• "Open dialogue" with Alexander Shevelev: ask your question! Dear friends, we have prepared many surprises for you as part of the Metal Expo 2025, and meet one of the main ones.We invite our clients and partners, representatives of the expert community and the media to participate in a unique event — an "Open Dialogue" with Alexander Shevelev, CEO of S... 30.10.2025  15:00

• Metinvest intends to acquire ArcelorMittal's pipe business in Romania The European Commission has received notification of the planned acquisition by Ukrainian metals and mining group Metinvest ArcelorMittal Tubular Products Iasi, a Romanian subsidiary of ArcelorMittal headquartered in Luxembourg.According to the notification, Metinvest intends to acquire full ... 30.10.2025  14:00

• VSSL's consolidated net income in India increased by 34% in the second quarter of fiscal year 2025-26 India's Vardhman Special Steels Limited (VSSL) achieved a consolidated net profit of INR 345.6 million ($3.91 million) in the second quarter (July-September) of fiscal 2025-26, an increase of 33.9% compared to the corresponding period of the previous year, according to a company statement on... 30.10.2025  14:00

• Swedish company Vattenfall orders fossil fuel-free steel from SSAB for hydropower project Swedish energy company Vattenfall has announced that it has signed an agreement with Swedish special steel manufacturer SSAB to supply 120 tonnes of fossil fuel-free steel to build the world's first carbon-free dam gate.The gate will be installed at the Vattenfall Stornorrfors hydroelectric power... 30.10.2025  13:00

• Goldman Sachs raises its forecast for iron ore prices for 2026 to $93/ton, but maintains a bearish outlook on the market The American investment banking company Goldman Sachs Group Inc. has revised its forecast for iron ore prices for 2026 to $93/ton, citing macroeconomic support, tighter inventories and steady steel production in China, according to a Bloomberg report.The upward revision means an increase of $5/ton... 30.10.2025  13:00

• Finding a solution for automatic delivery of workpieces EVRAZ NTMK is looking for a solution for autonomous intra-shop logistics based on self-propelled trolleys (AGV/AMR) for moving workpieces to machines.Current situation:Currently, the movement of goods is carried out by overhead cranes, hand trucks and rail carts between spans.Solution... 30.10.2025  13:00

• Trump and Xi reached agreements to reduce duties and lift restrictions on trade in rare earth minerals with China, which signaled a reduction in trade tensions. Both leaders promised to "work together" on the conflict in Ukraine, although they revealed few details.Trump announced plans to visit China in April and hinted at a broader trade agreement.This news should remove some pessimism about the prospects for the global economy. "Shipments of rare earth... 30.10.2025  13:00

• Turkish company Çemtaş reports net profit and revenue decrease for January-September 2025 The Bursa-based Turkish steel company Çemtaş Çelik Makina Sanayi ve Ticaret A.Ş (Cemtas) has announced financial and operating results for the first nine months of this year.In the period, the company reported a net profit of 24.25 million Turkish liras ($577,518), compared with a net loss of 25.19 ... 30.10.2025  12:00

• EUROMETAL: Distribution activity has stabilized, confidence in a sustainable recovery remains weak The latest market sentiment survey by the European Federation for Distribution and Trade of Steel, Pipes and Metals (EUROMETAL) for October 2025 shows a cautious mood among European steel distributors. Although current market activity appears to have stabilized after several months of decline,... 30.10.2025  12:00

• Algerian SNS forms partnership to revive Ouled Moussa plant The Algerian National Steel Holding Company (SNS) and the Bank for Agriculture and Rural Development (BADR) have formalized a new partnership to complete and operate the Ouled Moussa steel project in the province of Boumerdes. The Memorandum of Understanding, signed at the SNS headquarters in... 30.10.2025  11:00