Metallurgy news

• Norway's Rana Gruber has set a new iron ore production target of 67% by 2029 Norwegian iron ore producer and supplier Rana Gruber has announced that it plans to convert its production to high-grade iron ore concentrate with an iron content of about 67 percent Fe by 2029.Having recently completed its Fe65 project - increasing the iron content of concentrates from about 62... 14.11.2025  11:00

• CRC imports to Turkey increased by 38.7% in January-September 2025 In September of this year, imports of cold-rolled steel (CRC) to Turkey totaled 86,521 metric tons, up 23.5% from August and 14.7% year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of these imports amounted to $55.49 million, down... 14.11.2025  11:00

• NBS: Rebar prices in China fell 0.1 percent at the beginning of November 2025 At the beginning of November (November 1-10) this year, the average price in China of HRB 400E 20mm rebar decreased by 3.8/mt ($0.5/mt) or 0.1 percent to 3118.5 yuan/t ($439/t) compared with the price at the end of October (October 21-31), as announced by the National Bureau of Statistics of China.... 14.11.2025  10:00

• NBS: Prices for new housing in China's first-tier cities decreased by 0.8% in October 2025 In October of this year, out of 70 surveyed large Chinese cities, prices for new housing in first-tier cities decreased by 0.3 percent month-on-month, the same as in September month-on-month, although they decreased by 0.8 percent year-on-year, 0.1 percentage points faster than the decline in this... 14.11.2025  10:00

• A good signal for Norilsk Nickel? U.S. passenger car sales fell 5% year-on-year in October, a reversal from a 6% rise in September. The negative performance is mainly due to the electric vehicle segment as some key subsidies have expired. Overall sales are also 8% below pre-Covid (2019) levels.New US budget legislation eliminated... 14.11.2025  08:00

• The Simandou project in Guinea has begun operations with a phased increase to 120 million tons per year, according to a press release from Rio Tinto The company has begun the first shipments of iron ore from the project, with production ramp-up expected to last approximately 30 months. At full capacity, the mine will account for approximately 7% of global seaborne supply, in market terms.In our view, if Simandhu's production ramp-up goes on... 14.11.2025  07:00

• Lithium prices are coming up South Korea's POSCO is investing $817 million to acquire lithium assets in Australia and Argentina.The investment will allow POSCO to produce 270,000 tons of lithium concentrate annually from the Vodgina and Mount Marion mines operated by Mineral Resources in Western Australia.The South Korean... 14.11.2025  07:00

• Europe's dreams of commodity independence in terms of critical metals are crumbling The Australian-British concern Rio Tinto has mothballed its Jadar lithium project in Serbia, which caused many protests due to the environment. The project was estimated at 2.95 billion.Rio's management announced earlier this week that the project would be put into a "care and maintenance" mode as... 14.11.2025  07:00

• El Mutun Steel Complex starts steel production in Bolivia The Bolivian El Mutun Steel Complex has completed testing at all of its seven plants and has begun production of rebar and wire rod.Jorge Alvarado Rivas, CEO of El Mutan, announced that after successful testing, the complex is ready to supply continuous production to the local market.The El Mutun... 13.11.2025  18:00

• Nickel imports to Ukraine decreased to $21 million In the first ten months of 2025, imports of nickel and its products decreased by 4.8% to $21.05 million, while in October, nickel was imported by $3.81 million, according to the State Customs Service.At the same time, exports almost doubled to $1.13 million against $0.57 million in 2024.In 2024,... 13.11.2025  18:00