Metallurgy news
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Turkish company Çemtaş to suspend production to replace refractory Turkish steelmaker Çemtaş Çelik Makina Sanayi ve Ticaret A.Ş. (Çemtaş) announced that it will temporarily suspend production at its smelter and rolling mill from October 23 to October 31 for scheduled maintenance and overhaul of the crane and scheduled replacement of the lining in the superheating f...
24.10.2025 14:00
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Global steel production in September fell by 2% year-on-year to 142 million tons, in contrast to zero dynamics in August. Chinese production (52% of global unrefined steel supplies) decreased by 5% year-on-year (-3% year-on-year for the first 9 months of 2025), while global production excluding China increased by 2% year-on-year, according to the WSA. In particular, shipments from Russia and the EU fell by 4% and 5%...
24.10.2025 14:00
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Polyus may pay dividends for the third time in a year. On Thursday, it became known that a number of large Russian issuers, including Polyus, have added The EU sanctions list. However, the company noted that this will not have an impact on operational activities, which continue as planned.And today, the gold miner seems to have decided to back up his words with deeds and announced that on November 5, the board of directors will consider the issue...
24.10.2025 14:00
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AI is taking the mining industry by storm. Is it successful? A new study from ATK Consulting talks about how artificial intelligence is penetrating a rather conservative industry.At present, artificial intelligence is not a panacea for mining companies. Solutions built into individual processes can provide up to 5% cost savings in specific areas (for...
24.10.2025 14:00
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TCUD: Türkiye leads Europe in steel production, protectionism hampers exports Türkiye ranked seventh in the world and first in Europe in steel production during the first eight months of 2025, according to the Turkish Steel Association (TCUD). Veysel Yayan, Secretary General of TCUD, stressed that protectionist measures are putting pressure on the Turkish steel industry and ...
24.10.2025 13:00
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The Greek company Sovel invests in a new line of Danieli spoolers to increase the capacity of the valve coil The Greek steel company Sovel, part of the Spanish steel manufacturer Sidenor Group, has ordered a new line of spool valves for its Almyros micro milling cutter in Greece from the Italian manufacturer Danieli. After commissioning, the upgraded line will allow the production of compact, non-twisted...
24.10.2025 13:00
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China's core finished steel product inventories fell 1.1 percent in mid-October 2025 As of October 20 this year, the total domestic inventories of five major finished steel products in China's 21 major cities totaled 9.36 million tons, down 100,000 tons, or 1.1 percent, from October 10, the China Iron and Steel Industry Association (CISA) announced.Specifically, as of October 20,...
24.10.2025 11:00
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U. S. Federal government Shutdown causes Delays to Construction Projects across the Country
On October 1, 2025, the U.S. federal government announced a work stoppage after Congress failed to pass an appropriations bill for fiscal year 2026. The shutdown, triggered by partisan disputes over the level of federal spending, cuts in foreign aid, and subsidies for health insurance, which caused...
24.10.2025 11:00
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We present the next review of price dynamics for basic goods in the metallurgy and mining sector for September 2025 Most of the raw materials of the mining and metallurgical industry finished the month in positive territory. The impetus for the rise in prices for key metals was the expected reduction in the US Federal Reserve interest rate in September. At the same time, the events of early October - the...
24.10.2025 11:00
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Daily steel production at CISA plants fell 0.9% in mid-October 2025, inventories rose 4.4% The China Iron and Steel Association (CISA) announced that in mid-October (October 11-20) this year, the average cumulative daily crude steel output of large and medium-sized steel mills in China - all CISA members - was 2.014 million tons, down 0.9 percent from early October (October 1-10) this...
24.10.2025 10:00
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