Metallurgy news

• 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

• November 14, 2025 — MINEX Mining Club meeting: \"Large mining projects – from idea to implementation\" Engineering and its role in the process from exploration to productionDear colleagues, the Russian mining industry is entering a period of profound changes. International standards are gone, but there are still no new, recognized and reliable rules of the game.This means that any feasibility study,... 27.10.2025  09:00

• Russian coal has risen in price on the Chinese market, quotes increased by 2–3% over the week The cost of Russian thermal and metallurgical coal on the Chinese market during the week of October 13–17 increased by 2–3%. Thermal coal with a calorific value of 5500 kcal per kg rose to 86.3 per ton including freight (CFR), premium coking coal PLV on the same basis - to 193 per ton.Market sen... 27.10.2025  07:00

• Farid Khusainov, expert, Institute of Economics and Regulation of Infrastructure Industries, National Research University Higher School of Economics In 2024, the share of coal in Russian Railways' freight turnover was 38.8%, in cargo loading - 28.4%, in transportation - 27.7%, and in revenue from freight transportation - 21.4%;Russian Railways' income rate for all cargo increased by 53% in the period from 2021 to 2024. (up to 706.8 kopecks per... 26.10.2025  19:00