Metallurgy news
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CPCA: Retail sales of passenger cars in China decreased by 7.0% in November 2025 According to an analysis of the automotive market conducted by the Chinese Passenger Car Association (CPCA), retail sales of passenger cars in China totaled 2.263 million units in November this year, down 7.0 percent from the previous year and up 1.0 percent month-on-month.This year, through...
04.12.2025 10:00
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Historic trade agreement between the United States and South Korea has been completed On Monday, December 1, 2025, Howard Lutnick, the U.S. Secretary of Commerce, announced that the U.S.-South Korea trade agreement has been finalized. He confirmed that the total tariff rate on imports from South Korea will be reduced to 15 percent retroactively until November 1, 2025, as South Korea...
04.12.2025 09:00
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Global central banks bought a net 52 tonnes of gold in October, up from a revised 42 tonnes net in September, marking the 29th Consistent month of reserve accumulation, reports World Gold CouncilIn particular, gold purchases in October were mainly recorded in Brazil, Poland (16 tons each) and Uzbekistan (9 tons), while the only significant seller was Russia (-3 tons). We remind readers that official purchases by central...
04.12.2025 08:00
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How are technologies changing the mining and metallurgical industry? On February 18-19, 2026, an open symposium "Digital Mining and Metallurgical Enterprise: Science and Technology" will be held in Verkhnyaya Pyshma and online.With the support of the UMMC Technical University, a new platform is being created for open dialogue, exchange of experience and...
04.12.2025 08:00
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2029: the end of the era of cheap business in Russia The other day, a statement by the Deputy Chairman of the State Duma Committee on Economic Policy, Artyom Kiryanov, spread:"I believe that what is called an individual entrepreneur today is a morally outdated form of taxation and business conduct. Perhaps, after summarizing the results of the...
04.12.2025 08:00
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Scrap metal exports from the United States grew by 10.5 percent in August 2025. According to the latest data from the U.S. International Trade Commission, U.S. scrap metal exports totaled 1,113,217 tons in August this year, up 10.5 percent month-on-month and down 34.2 percent year-on-year.Turkey was the largest recipient of U.S. iron and scrap exports in August with 323,159...
04.12.2025 02:00
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Steel Dynamics acquires remaining 55 percent of New Process Steel shares In a press release dated December 1, 2025, Steel Dynamics announced the completion of the acquisition of the remaining 55 percent stake in New Process Steel, a supply chain management and solutions company for metallurgy headquartered in Houston, Texas."The acquisition of New Process expands our...
04.12.2025 02:00
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The strategy for the development of the Russian coal industry should take into account the future reduction of coal consumption in India India, one of the largest Russian coal sales markets, has reached a 50% share of non—fossil fuel energy sources this year. This happened five years ahead of the deadline set by the Paris Agreement.The acceleration of the country's transition to clean energy is particularly intense in 2025: r...
03.12.2025 18:00
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Japanese car production fell slightly in September 2025 In September this year, Japanese vehicle production (including cars, trucks and buses) totaled 760,764 units, down 0.1 percent from the same month in 2024, according to data provided by the Japan Automobile Manufacturers Association (JAMA). Meanwhile, Japanese auto production rose 3.6 percent...
03.12.2025 17:00
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Domestic sales prices of Turkish metallurgists in November 2025 increased by 1.63% compared to October According to statistics published by the Turkish Statistical Institute (TUIK), in November this year, the domestic producer price index (PPI) for the Turkish industry as a whole increased by 0.84 percent month-on-month and by 27.23 percent year-on-year, while an average increase of 25.37 percent...
03.12.2025 17:00
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