Metallurgy news

• India's Jindal SAW expects consolidated net profit to fall by 64% in the second quarter of fiscal year 2025-2026. Indian company Jindal SAW Limited, a manufacturer of submerged welded steel pipes and a pellet manufacturer, reported consolidated net profit of INR 1,518.90 million (US$17.30 million) for the second quarter (July-September) of fiscal year 2025-26, which is 64.18 percent less than last year.... 20.10.2025  10:00

• Copper supply shortage looms Copper recycling, by recycling scrap copper, can help alleviate supply constraints. Mckinsey partner Sergei Sokolov and his colleagues note that the volume of copper scrap received from consumers has been growing steadily for 40 years, and will grow by 4% annually until 2050. The rise in scrap use... 19.10.2025  17:00

• Metaverse in Mines: Digital Revolution in Mining 9 Key Findings and Trends from the Mining Metaverse - Identifying Risks Report Transition to Mining 5.0: The industry is actively implementing the concept of Mining 5.0 - the synergy of humans and smart machines, digital twins and the metaverse, reducing the need to replace personnel with automation, focusing on collaboration and complementing human skills.VR, AR and IoT... 19.10.2025  13:00

• mining companies with projects at the stage of estimated resources and reserves before the stage of enterprise construction and mining Analysis of projects for which Feasibility Study studies have been conducted However, no mining enterprise has been built and no mining is underway, which makes it possible to better understand the reason for the systematic difference between NPV in the technical reports of public companies and the market value of projects estimated using their market capitalization. The... 19.10.2025  13:00

• The processes of digital transformation and the introduction of digital twins in the Russian coal industry lag significantly behind other industries Reasons:– high price of digital technologies and lack of resources, significant economies of scale;– lack of a clearly structured model for the development of the coal industry and a strategy for its digitalization;– low level of automation of production and management, insufficient digital infra... 19.10.2025  13:00

• Russian Russian update of the sector assessment (October 17, 2025) from Alfa Bank Here are the 9 main conclusions from Alfa-Bank's Russian Steel report and key trends in the metallurgical sector - Reduced profitability: EBITDA of the leading companies in the sector in 2024-2025 shows negative dynamics or stagnation due to export pressure, limited demand and rising domestic costs.-Weakening of investment activity: Russian steel producers are reducing capital investments and new projects,... 19.10.2025  12:00

• In August, the rate of decline in coal production in Siberia fell almost four times compared to July due to support measures and rising world coal prices In Kuzbass, despite a decrease in production, coal exports increased by 5%, but the domestic market faced a contraction due to low demand. Energy companies have increased their coal consumption due to the hydrological situation. 16 coal companies in the region have received state support, another... 18.10.2025  16:00

• Global copper production will increase slightly in 2025 Global copper production will rise by just 2.1% to 23.4 million tonnes in 2025 due to lower production in Australia and Indonesia. In these countries, production is expected to decline from 1.8 million tons to 1.5 million tons.In Indonesia, the decline is due to lower ore grades and the accident at... 18.10.2025  14:00

• Mineral wealth of the Amur region: mining results for January-September 2025 As of October 1 of this year, the mineral resources sector of the Amur region is demonstrating steady growth in indicators. Gold was mined in the amount of 14,973.2 kilograms. The increase was 6.7 percent compared to last year.Among gold mining enterprises, the leading positions are consistently... 18.10.2025  13:00

• Algeria plans to launch Gara Djebilet iron ore processing plant in 2026 Algeria has entered a decisive phase in the development of its mining sector, officially setting April 2026 as the start date for its first iron ore processing plant at the Gara Djebilet mine in Tindouf, according to local media reports.Strategic step towards economic diversificationPlant under run... 17.10.2025  20:00