Metallurgy news

• Algerian-Qatari Steel signs $1.6billion deals to expand across Africa The Algerian-Qatari Steel Company (AQS) has announced a new wave of strategic and commercial agreements worth more than $1.6 billion. The announcement was made during the 4th African Intercontinental Trade Fair in Algeria.Landmark agreement worth $1.2 billionThe centerpiece of the deals is a $1.2... 11.09.2025  13:00

• September showed that the August rally in the Chinese coal market has ended China's coal imports grew in both July and August.In August, prices for thermal coal in Asia showed the longest increase in almost 2 years, but this momentum faded as domestic prices in China stabilized amid easing safety checks at mines, lower demand in the summer and increased hydroelectric power... 11.09.2025  13:00

• Have you been introduced your last project? We are sure that the team works in a new way when you do not look? You consider the cost of a ton of products, take into account the depreciation of equipment and logistics risks. But what do you think the cost of the resistance of your team? It is time to change the rules - stop hidden losses... 11.09.2025  13:00

• Lead imports to Ukraine increased 9-fold, exports decreased by 14% In January-August 2025, imports of lead and lead products increased 9.1 times to $5.58 million (in August – $859 thousand).At the same time, exports decreased by 13.7% to $6.313 million (in August – $832 thousand).Lead is currently used mainly in the production of lead-acid batteries for the aut... 11.09.2025  13:00

• Openai has concluded a gigantic contract with Oracle for 300 billion for cloud computing for a period of about 5 years - reports Wall Street Journal This is one of the largest contracts for cloud computing in history. Infrastructure expenses for AI continue to grow with record pace, despite the fears of the “overheating” of the market. The scale of the transaction: - Openai will require 4.5 gigavatt of power - this is more than two gou... 11.09.2025  08:00

• White Cap acquires two companies in Texas and Florida White CAP, the leading distributor for construction and safety supplies in the United States, announced the acquisition of two companies, strengthening the supply of steel in Texas and Stuart construction products in Florida. This will expand the manufacturing portfolio and concrete accessories.... 11.09.2025  01:00

• Export of heavy plates from Brazil decreases sharply in August Brazil exported 7,230 tons of heavy plates in August against 30,800 million MT in July, according to Siscomex. The decrease does not reflect the export in the USA in August, when there were imports of import tax, compared with 17,700 million tons in July. $ 901/MT) and Trinidad and Tobago (49... 11.09.2025  00:00

• CSN sells its USMINAS shares to react confidence The Brazilian manufacturer of steel, usiminas, told the market that the reacting trust investors acquired part of their joint-stock capital belonging to the Brazilian manufacturer of steel and iron ore, Companhia Siderórgica Nacional-CSN. Promotions equivalent to approximately $ 30 million. ... 10.09.2025  20:00

• Ernst & Young: The costs of the green hydrogen of India to obtain steel by 2030. The cost of the production of green hydrogen for the manufacture of steel in India is currently almost double the cost of traditional methods, but, according to the new report, Ernst & Young (EY) of India, it is predicted that prices will fall half by 2030. The decrease will be due to the economy... 10.09.2025  19:00

• TOFAş and Stellantis Sign Production Agreement The new production agreement signed between the Turkish automobile manufacturer Tofaş and the Italian automaker Stellantis Europe S.P.A marks a significant step for the Turkish automotive industry.Under the new course, Tofa will produce light commercial and combined versions of the model and ... 10.09.2025  19:00