Indonesia’s stainless steel exports dropped sharply in August, with lower HR shipments and an almost complete pause in slab exports accounting for most of the monthly decline. Read more
South Korea’s stainless exports fell in August as lower CR and long product shipments offset stronger HR feedstock flows to key overseas rolling markets. Read more
In the third quarter of 2026, BYD reached a record 762 thousand BEV sales, outperforming Tesla by 276 thousand vehicles and extending its lead in the global EV market. Read more
Global container rates rose as European routes recovered after weeks of declines. Rates to Los Angeles rose while those to New York fell. More capacity could limit further rate increases in Europe. Read more
Global economic growth is projected to slow from 3.5% in 2025 to 3.1% in 2026 before recovering to 3.4% in 2027, according to the IMF's October 2026 World Economic Outlook. Read more
Passenger car production in Germany totaled 392 thousand units in September, unchanged from the same month in 2025. The share of BEVs in both production and sales continues to rise. Read more
Türkiye’s stainless imports fell 17% in August as a delayed Indonesian cargo depressed arrivals, while HR imports rebounded on stronger Korean and Chinese supplies. Read more
China's auto production and sales recovered in September after the August slowdown, but remained below last year's levels as weak domestic demand contrasted with another month of strong exports. Read more
Vietnam is assessing an AD petition on stainless CR from China, Indonesia, and Taiwan with market sources linking the move to Yongjin’s planned integrated project. Read more
Taiwan’s investigation into Vietnamese stainless CR has advanced following a preliminary injury finding, bringing possible provisional duties a step closer. Read more
The EU is assessing whether chromium should be listed as a critical raw material, as producers warn that abundant reserves do not guarantee secure supply. Read more
Cleveland-Cliffs faces possible court action in Canada after idling Stelco’s Hamilton finishing lines, a move it partly attributes to 50% US steel tariffs. Read more
Glencore and Mercuria have announced USD 500 million commitments each to VaultCo, the company implementing the US government’s USD 12 billion Project Vault critical minerals reserve. Read more
The US, EU, Japan and 25 other economies have agreed to step up action against steel overcapacity, which the OECD projects will reach 745 million tonnes by 2028. Read more
Taiwan’s Froch Enterprise has completed construction of its Moroccan stainless steel tube plant, with equipment moving in ahead of planned production in early 2027. Read more
China’s stainless flat stocks rose after the National Day holiday as mill deliveries continued during the market shutdown, with post-holiday demand set to determine further inventory changes. Read more
The US has slowed export licensing for aircraft parts bound for China and capped parts approved for Commercial Aircraft Corp of China (Comac), according to reports. Read more
The US Nuclear Regulatory Commission (NRC) has approved construction of the country’s first commercial small modular reactor, a GE Vernova Hitachi BWRX-300 in Tennessee. Read more
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