Metallurgy news
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FAI on Chinese railways in January-September 2025 amounted to 593.7 billion yuan, an increase of 5.6% China Railway Corporation (CRC) announced that the total fixed capital investment (FAI) of China's railways in January-September this year amounted to 593.7 billion yuan ($83.6 billion), up 5.8% year-on-year.In the first nine months, 968 were put into operation kilometers of new railway...
22.10.2025 12:00
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Volkswagen will use GMH Gruppe green steel for round production German automaker Volkswagen AG will purchase Green Power Premium Steel from Georgsmarienhütte GmbH, a subsidiary of German specialty steel manufacturer GMH Gruppe, according to a statement released by the latter. Low-carbon steel will be used in Volkswagen's own production of transmission ...
22.10.2025 12:00
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Indian NMDC limited reduces prices for fines and lump iron ore India's state-owned NMDC limited has cut prices for all grades of lump iron ore and fines for all shipments with immediate effect, company sources said on Wednesday, October 22.The price of lump iron ore (10-40 mm, 67 percent Fe content) has been reduced by INR 650 per ton ($7 per ton) to INR 6,200...
22.10.2025 11:00
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India's main industries recorded 3% growth in September, which is the lowest in 3 months. India's growth in eight industries designated as the "core sector" recorded three percent growth in September 2025, a three-month low, according to data released by the government on Wednesday, October 22.The growth of the core sector in August 2025 was 6.4 percent and 2.4 percent in September...
22.10.2025 11:00
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Wildberries & Russ acquired a large tour operator Fun&Sun from Alexey Mordashov Fun&Sun (formerly TUI Russia, legal entity - TT-Travel LLC)The company cooperates with more than 12 thousand travel agents and is among the top 3 tour operators in Russia.Financial indicators of TT-Travel LLC for 2024:Revenue - 104 billion (46% y/y)Sales profit - 12.7 billion (145% y/y)Net profit -...
22.10.2025 11:00
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Coke exports from China in January-September 2025 decreased by 18.5 percent Between January and September this year, China's metallurgical coke exports totaled 5.49 million tons, down 18.5 percent year-on-year, Chinese customs officials announced.In September alone, China's metallurgical coke exports totaled 540,000 tons, down 1.1 percent year-on-year. calculus and...
22.10.2025 10:00
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Imports of steel scrap to China increased by 6.54 percent in January-September 2025 In September of this year, China's steel scrap imports totaled 27,500 tons, up 47.08 percent month-on-month and up 108 percent year-on-year, according to the Chinese customs authorities.In the period from January to September of this year, imports of steel scrap to China amounted to 201,800 tons,...
22.10.2025 10:00
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ETHYL ALCOHOL Khimzakaz company forms an accessible link between manufacturing plants and the needs of the average consumer.You can get acquainted with the assortment by following the link in the Telegram channelHttps://telegra.ph/himz-09-29 All brands of ethyl alcohol from food raw materials are available:Alpha...
22.10.2025 10:00
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Freight rates for imports of finished steel from Brazil increased in September Brazil's COMEX foreign trade authority reported average freight rates for steel imports into the country in September.For coated flat products, they were $59/t from China, $151/t from South Korea, $86/t from Japan, $24/t from Hong Kong and $21/t from Germany.For HRC, $32/t from South Korea, $36/t...
22.10.2025 03:00
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Thyssenkrupp continues negotiations with Jindal over the sale of its steel division Germany's Thyssenkrupp AG has confirmed it is in "intensive" discussions with Jindal Steel International, a subsidiary of India's Jindal Steel limited, regarding the potential sale of its steel business, according to a Reuters report.CEO Thyssenkrupp Miguel Lopez told Reuters that talks with Jindal...
21.10.2025 20:00
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