Metallurgy news

• US Steel to stop processing at Granite City Works According to media reports, US Steel has announced that it will stop processing at its Granite City Works plant.It is reported that the company has retained about 800 employees to handle operations and continues production of the enterprise until 2027. This is due to a U.S. agreement agreed with... 09.09.2025  19:00

• Mining companies Anglo American and Teck Resources have agreed to merge at a cost of 53 billion, in the second largest mining deal in history. Anglo American shares rose by more than 7% following the merger announcementAnglo American will own 62.4% of the newly merged Anglo Teck company, while Teck shareholders will own 37.6%.Anglo Teck headquarters will have In Canada, but the initial stock listing is in London, said two companies with a... 09.09.2025  19:00

• Prices for steel in Russia fell again and updated the annual minimum “Such a dynamics of prices coincides with our expectations and again emphasizes that the“ cyclic bottom ”in the Russian steel industry has not yet been passed. We believe that by October, the quotes of metal rolling can lose even 5%, which is especially negative for Severstal and MMK: both compa... 09.09.2025  18:00

• In August, the production of cast iron increased to 747.5 thousand tons Ukrainian metallurgical enterprises in January-August 2025 increased the production of cast iron by 8% compared to the same period last year-up to 5.109 million tons. according to Ukrmetallurgprom, in August the production of cast iron amounted to 747.5 thousand tons, while in July-621.1... 09.09.2025  17:00

• Ukraine reports an eight percent increase in pig iron production in January-August 2025 In August of this year, pig iron production in Ukraine totaled 747,500 tons, an increase of eight percent month-on-month and 16.1 percent year-on-year, according to data released by the Ukrainian Steel Association Ukrmetallurgprom.In this month, the country's pig iron production increased by 11.9... 09.09.2025  15:00

• Mobarakeh Steel has achieved a breakthrough with the first production of octagonal slabs in Iran According to local media reports, the Iranian sheet steel manufacturer Mobarakeh Steel Company (MSC) has taken a new step towards the development of Iran's steel industry for the first time and has successfully started mass production of octagonal slabs. This advanced product is expected to play a... 09.09.2025  15:00

• Indian Jindal Steel will probably reach 12 million tons of raw steel in the 2025-26 financial year Indian company Jindal Steel limited (earlier Jindal Steel & Power limited) will probably reach the volume of raw steel of 12 million tons in the 2025-26 financial year, said the chairman of the company Navin Dzhindal in his statement on Tuesday, September 9. “Our goal is to produce 12 million t... 09.09.2025  14:00

• The daily production volume of raw steel Hoa Phat will reach 40,000 tons to 4 quarter of 2025 The largest steel company in Vietnam Hoa Phat Group announced that in August 2025 it produced 953,000 tons of steel, an average of 31,800 tons per day. This is 34.0% more in annual calculus. Currently, the company expects to increase the daily production of steel to 40,000 tons from the fourth... 09.09.2025  13:00

• Thyssenkrupp Steel gets workers' approval for restructuring plan Thyssenkrupp Steel Europe, a subsidiary of German steel producer Thyssenkrupp Steel, has reached a critical milestone in its overhaul strategy. Workers voted to approve a radical restructuring plan, which is considered important for securing the company's future, although final implementation now... 09.09.2025  13:00

• Posco evaluates the potential acquisition of HMM, the decision has not yet been made The South Korean steel company Posco Holdings officially responded to media reports about its interest in acquiring the HMM shipping company. The company conducts a preliminary review to evaluate whether the acquisition of its long -term strategic purposes corresponds to it. according to media... 09.09.2025  12:00