Metallurgy news

• Toyota plans major investments to expand production of hybrids in the United States Toyota Motor North America, a subsidiary of Japanese automaker Toyota Motor Corporation, announced a $912 million investment in five manufacturing plants in the United States to significantly expand its hybrid vehicle production capacity and meet growing demand in the American market.The investment... 24.11.2025  15:00

• Global steel production fell 5.9% in October World steel production in October 2025 decreased by 5.9% compared to October 2024 - to 143.340 million tons, with a decrease recorded in most countries of the top ten producers, according to data from the World Steel Association (Worldsteel).The top ten countries for steel production in October... 24.11.2025  15:00

• BHP abandons Anglo-American takeover plan Australian miner BHP Group has released a statement saying it is abandoning a potential takeover of British mining giant Anglo American.Although talks were resumed this Sunday, they quickly collapsed, as seen in BHP's latest statement, according to Reuters. BHP noted that it is no longer... 24.11.2025  13:00

• Global DRI production decreased by 1.4 percent in October 2025 According to data released by the World Steel Association (Worldsteel), global direct reduction iron (DRI) production in 12 countries, accounting for approximately 85 percent of total global DRI production in 2024, totaled 11.34 million metric tons in October this year, an increase of 2.4 percent... 24.11.2025  13:00

• Ukrainian Sukha Balka launches a new iron ore block The Ukrainian iron ore mining and processing complex Sukha Balka, part of the DCH group, announced the completion of preparations for a new block for the extraction of iron ore, which significantly increases the production capacity of the mine.In early November, a specialized commission signed an... 24.11.2025  12:00

• Taiwan's base metal export Orders Decreased by 9.5% in January-October 2025 According to statistics released by Taiwan's Ministry of Economy, Taiwan's export orders for base metals and products made from them totaled $1.92 billion in October this year, down ten percent from October 2024 and up 2.3 percent from the previous month. In September, export orders for base metals... 24.11.2025  12:00

• ArcelorMittal Powders suspends operations in Aviles The Spanish company ArcelorMittal Powders, a subsidiary of Luxembourg steel manufacturer ArcelorMittal, created to serve the additive manufacturing industry, announced the suspension of its operations in Aviles.According to the statement, the shutdown followed technical problems that prevented the... 24.11.2025  11:00

• Shagang completes test run of high quality CA8 silicon steel hot load unit The new high-quality silicon steel project CA8 of China's Shagang steel mill in Jiangsu province successfully completed hot load testing on November 18, signaling that the first phase of this project has entered into operation, according to WISDRI Engineering and Research Ltd.Hot load tests of unit... 24.11.2025  10:00

• The Indian government is working to ease royalties for low-grade iron ore processing The Indian government is considering a proposal to charge a lower royalty rate for low-grade iron ore produced by local steel producers if they carry out enrichment, government sources said on Monday, November 24.Sources said the government is working on a proposal to charge 5% of the average... 24.11.2025  10:00

• NBS: Local Chinese rebar prices rose 0.7 percent in mid-November 2025 In mid-November (November 11-20) this year, China's average price for 20mm HRB 400E rebar increased by RMB 20.5/t ($2.9/t) or 0.7 percent to RMB 3,139.0/t ($442/t) compared with the price in early November (November 1-10), China announced. National Bureau of Statistics.During the period, average... 24.11.2025  09:00