Metallurgy news

• The sale of AHMSA in Mexico is moving forward with an estimated $1.33 billion in asset auctions The long-awaited bankruptcy sale of Mexican steel Altos Hornos de Mexico (AHMSA) has entered a crucial phase, according to local media reports. Taking into account the estimated assets of 1.326 billion. The steel producer is preparing for the official auction process, designed to satisfy creditors... 15.09.2025  20:00

• Germany calls on the EU postponing a phased rejection of free quotas for carbon emissions for heavy industry Germany calls on the European Union to postpone a phased refusal of free quotas for carbon emissions for energy -intensive industries as part of the EU emissions (ETS) system, according to Bloomberg. Referring to the growing costs of energy and economic pressure, Berlin claims that the mechanism... 15.09.2025  18:00

• India's proposed 30 percent export tax on low-grade iron ore pits miners against steel mills The Indian government is preparing to introduce a 30 percent export tax on small fractions of low-grade iron ore by October this year to boost domestic added value and ensure higher availability of raw materials for local steel mills. Currently, high-grade iron ore with an Fe content above 62... 15.09.2025  18:00

• Tenaris will put pipes for the BúZIOS 11 project in Brazil The Luxembourg manufacturer of the steel pipes Tenaris announced a major contract for the supply for the Bәzios 11 naval project in Brazil. The company will provide seamless linear pipes and specialized coatings to ensure efficiency and stability in one of the most significant marine deposits in ... 15.09.2025  17:00

• Metinvest of Ukraine reported a net loss for the first half of 2025 The Ukrainian Mining and Metallurgical Group Metinvest has announced consolidated financial results for the first half of this year.In the period indicated, the company reported a net loss of $58 million, compared to a net profit of $179 million in the same period of the previous year, mainly due... 15.09.2025  17:00

• Registration of new cars in South Korea increased by 13.3 percent in January-August 2025 In August of this year, the registration of new cars in South Korea grew by 0.8 percent in monthly calculus and 22.6 percent in annual terms of up to 27,304 units, according to data published by the Korean Association of importers and car distributors (KAIDA). Eight months of this year,... 15.09.2025  16:00

• EUROFER: Imports of finished steel to the EU decreased by seven percent in the second quarter of 2025 According to the report Economic and Steel Market Outlook 2025-2026/Q3 2025 by the Economic Committee of the European Steel Association (EUROFER), total steel imports to the EU, including semi-finished products, decreased by three percent year-on-year in the second quarter of 2025. In the same... 15.09.2025  16:00

• Acciaierie d'Italia: The deadline for submitting applications has been postponed to September 26 The Extraordinary Commissioners of the Italian steel producer in Taranto, Acciaierie d'Italia (formerly Ilva), announced that the deadline for submitting mandatory applications for the purchase of facilities has been postponed to September 26, 2025. According to the announcement, the extension is... 15.09.2025  15:00

• Car production in Turkey increased by 3.5 percent in January-August 2025 In August of this year, the volume of car production in Turkey amounted to 73,299 units, an increase of 37.0 percent year-on-year and a decrease of 42.9 percent month-on-month, according to monthly statistics released by the Association of Automobile Manufacturers of Turkey (OSD). In January-August... 15.09.2025  15:00

• Export orders for new vessels in Japan decreased by 5.8 percent in August 2025 compared to July According to data published by the Japanese Association of Ship Exporters (JSEA), Japanese new orders for export of vessels in August this year decreased by 5.8 percent of the tonnage compared to the previous month, decreasing to 12 vessels, including general cargo vessels, eight carriers and one... 15.09.2025  14:00