Metallurgy news

• EU steel supply chain reports highlight scrap quality, trade risks and decarbonization path The EU remains one of the world's largest steel producers despite a 20 percent decline in production between 2018 and 2024, according to the European Commission's Joint Research Center (JRC). The bloc's steel industry continues to rely heavily on imports for 75 percent of its iron ore and coking... 27.10.2025  13:00

• McKinsey & Company: Global energy demand will peak by 2035 as renewable energy usage increases Geopolitical instability, policy shifts and growing demand for electricity are changing the global energy system, according to the Global Energy Perspective 2025 report published by the American consulting firm McKinsey & Company.The report predicts that global temperature increases will range from... 27.10.2025  13:00

• The 4th INTERNATIONAL CONGRESS and EXHIBITION "Mining Industry of Uzbekistan and Central Asia"! When: December 3-4, 2025Where: Tashkent, UzbekistanTopic: construction and modernization of mining plants, expansion of capacities and development of new depositsKey facts:— 200 heads of the largest mining companies in Uzbekistan and other Central Asian countries— 50 reports from representatives of ... 27.10.2025  13:00

• Saudi G5PS to expand spiral pipe production to more than 1 million tons Saudi pipe manufacturer Group Five Pipe Saudi Company (G5PS) has announced that it will increase its annual spiral pipe production capacity by 350,000 tonnes through the installation of a new production line.The additional capacity is expected to come online from January 2027, bringing total volume... 27.10.2025  12:00

• Shandong Steel's net profit for January-September 2025 amounted to 140 million yuan Chinese steelmaker Shandong Iron and Steel Company Ltd released its financial report for the first nine months of this year, saying it recorded operating revenue of 54.828 billion yuan ($7.7 billion) in the period, down 14.77% from the previous year, and net profit was 140 million yuan ($19.7... 27.10.2025  11:00

• Negotiations between the US and Canada failed because of Reagan's advertisement in Ontario, Carney is ready to resume negotiations According to media reports, trade talks between the United States and Canada have been suspended after President Donald Trump halted discussions on the Ontario government's announcement using edited clips of 40th U.S. President Ronald Reagan's 1987 speech criticizing tariffs.The advertisement,... 27.10.2025  11:00

• Cities in China's Hebei province initiate Level 2 emergency response The cities of Tangshan, Langfang and Handan in China's Hebei province have decided to begin a Level 2 emergency response from 12:00 on October 27 to reduce pollution. The timing of the end of the emergency response will be announced later.Atmospheric diffusion conditions in Hebei provinces are... 27.10.2025  10:00

• MIIT is reviewing measures to replace metallurgical facilities and is waiting for public comments. On October 24, the Department of Raw Materials Industry of the Ministry of Industry and Information Technology of China published a notice in which it announced that it had revised "Measures to replace Ferrous Metallurgy Capacities" (MIIT[2021]No. 46) in accordance with relevant national laws,... 27.10.2025  10:00

• MOC: The average price of rebar in China decreased by 1.5 percent from October 13 to October 19, 2025 China's Ministry of Commerce (MOC) announced that the average price of finished steel in China decreased from October 13 to 19 this year.During this period, the average prices of rebar, hot-rolled steel strip and ordinary steel middle plate decreased by 1.5 percent, 1.3 percent and 1.1 percent... 27.10.2025  09:00

• The gross profit of Chinese metallurgical enterprises in January-September 2025 amounted to 97.34 billion yuan. In the period from January to September of this year, the ferrous metals smelting and rolling sector in China recorded a gross profit of 97.34 billion yuan (13.7 billion US dollars), compared with a gross loss of 34.1 billion yuan recorded in the same period last year, as announced by the National... 27.10.2025  09:00