Metallurgy news. May

Russia is sitting on coal reserves that will last it more than 500 years, Russian Deputy Prime Minister Alexander Novak wrote in an article for Energy Policy magazine. "The development of new coal mining hubs will provide up to 250 million tons of additional production capacities by 2050. The environmentally friendly and safe mining of reserves remains our priority," he noted. According to Novak, by 2050 the industry will be made up of high-tech, modern enterprises operating under strict environmental ...

Brazilian President Luiz Inacio Lula da Silva announced his intention to strengthen cooperation with Russia in the field of rare-earth minerals mining. Following his visit to Moscow and talks with Vladimir Putin, the foreign leader emphasized the importance of joint development of critical minerals for both states. “We have plans to increase our cooperation on exploration and production of critical minerals. Brazil should not miss any opportunities in the energy sector,” he told reporters. Subscription ...

Magnitogorsk Iron and Steel Works (MMK), one of the world’s largest steel producers, took part in the 25th China Int'l Metal & Metallurgy Exhibition, which was held from May 10 to 12 in Guangzhou, China. The Asian market is one of the promising areas for MMK to develop export sales. The company's exposition is focused on hot-rolled coils, which are consistently in high demand among consumers from China and other Southeast Asian countries. Visitors also have access to information about the technologies ...

By early May, export prices for Russian steel had fallen to the levels of the crisis year 2022. This affected both semi-finished and remanufactured steel products. The escalation of trade conflicts and steel overproduction will lead to a further decline in value, experts predict. The trend of 2025 in terms of pricing in the market, in their opinion, will be regionalization: prices in Asia, Europe and the U.S. for the same brand of rolled products can differ by hundreds of dollars. Export prices ...

Russia's Rosatom has filed a lawsuit in Moscow against Finnish energy holding Fortum and steel producer Outokumpu, demanding 227.8 billion roubles ($2.8 billion) in compensation for losses over the termination of a contract for the Hanhikivi-1 nuclear power plant in Finland, court documents and Rosatom's statement show. Rosatom is seeking compensation for losses caused "by the unlawful termination of the EPC contract" for the construction of the nuclear power plant, "violations of the shareholder ...

Russia has proposed to India a series of measures to expand imports of Russian coal, the Russian Energy Ministry said after Coal Industry Department director Pyotr Bobylev visited the country. For example, Russia suggested signing an intergovernmental agreement to support imports of coking coal as well as establishing supply volumes for thermal coal. "Given the Indian steel industry's rising demand for coking coal, we see a lot of potential in the development of Russian-Indian cooperation in ...

EN+ GROUP IPJSC (the “Company”, “En+” or the “Group”) (LSE: ENPL; MOEX: ENPG), the world’s leading vertically-integrated independent producer of low-carbon aluminium and renewable energy, announces that on 28 April 2025 its Board of directors has reviewed and preliminary approved its 2024 Consolidated (Annual) report (hereinafter referred to as the Consolidated report). It is available on the Company's website in PDF format. Subscription to news

According to the report of the Federal State Statistics Service (Rosstat) ‘On the Socio-Economic Situation of Russia’, the metallurgical production index in the Russian Federation for March 2025 was 97.9% year-on-year, down from 97.2% in the first quarter. Production of unalloyed steel in ingots/other primary forms and semi-finished products in March decreased by 4.4% year-on-year to 4.8 million tonnes, with an 8.6% improvement on the previous month. YTD production was down 2.6% to 13.8 million ...

Russia’s Cybersteel, a manufacturer of high-tech seamless stainless pipes, has supplied 400,000 metres of pipes for the construction of the El Dabaa NPP in Egypt. The products intended for the assembly of steam generators were manufactured according to an individual technical specification with a standard size of 16 by1.5 mm from high strength and wear resistant 08X18N10T grade steel. All products underwent comprehensive non-destructive testing of external and internal surfaces, control of geometric ...

At the production site in Chengdu (China, Erzhong Heavy Machinery Plant), the casting of the bed of the 2800 hot rolling mill for Ashinskiy Metallurgical Works was successfully completed. In order to achieve uniform distribution of metal structure along the entire length of the casting, the technology of simultaneous casting by three steel ladles was applied, which will make it possible to achieve the required stand rigidity and ensure maximum rolling force. The project team is focused on the ...

Rusal has started reducing production volumes as part of optimization of its aluminium output capacities amid record alumina prices, having cut them by 10%, Vice President Elena Bezdenezhnykh said in an interview with Vedomosti newspaper. "Aluminum production has been declining, indeed, unfortunately. The process started late last year. We have slashed volumes by 10%, evenly at all plants, including in Siberia. The reasons are obvious, the sanctions pressure. That said, I would stress that no ...

Dmitry Pukhnarevich, Director of Project Solutions Sales Department of EVRAZ Trading Company, presented on the topic "EVRAZ on the Central Asian and South Caucasus Markets: Products and Services for Regional Consumers" at the 5th International Conference “ Iron & Steel Market of Central Asia and the Caucasus ” which was held in Tashkent at the end of April. He highlighted the key product being promoted – the I-beam for project solutions. Currently, EVRAZ has approximately 3,000 active projects ...