Latest news

U.S. STS flat imports more than doubled in H1/2022
2022-08-07, Market News, America
U.S. imports of stainless steel flat products increased 110% (yoy) in the first half of the year and reached to 332 thousand tonnes level. Read more ...
Baosteel’s new extra thick stainless steel plates
2022-08-05, Producer News, China
Baosteel Heavy Plate Division produced 98mm thick and 3000mm wide high-performance S31603 stainless steel plates for pressure vessels. Read more ...
SIJ Metal Ravne resumes work
2022-08-05, Producer News, Europe
After an explosion occurred during the night shift, work resumes smoothly at SIJ Metal Ravne Steelworks in Slovenia. Read more ...
Klöckner & Co increased its sales in H1/2022
2022-08-05, Distributor News, Europe
Klöckner & Co increased sales, mainly due to the significant temporary rise in steel and metal prices, by 48.8% (yoy) to EUR 5.0 billion in the first half of 2022 Read more ...
LNG Dual Fuel Shuttle Tanker delivered
2022-08-05, End User News, Global
A dual-fuel LNG shuttle tanker ordered by KNOT (Knutsen NYK Offshore Tankers) was delivered at Daewoo Shipbuilding & Marine Engineering. Read more ...
ATI had best quarter of the last years in Q2/2022
2022-08-05, Producer News, America
ATI sales increased 56% (yoy) and 15% (qoq) to USD 960 million in Q2/2022, making it the company’s highest quarterly total since Q4/2019. Read more ...
Outokumpu stainless steel deliveries decreased Q2/2022
2022-08-04, Producer News, Europe
Outokumpu stainless steel deliveries decreased 4% (yoy) and 7% (qoq) to 603 thousand metric tons whereas sales increased 58% (yoy) and 7% (qoq) to EUR 2.95 billion. Read more ...
VDM Metals received award from EcoVadis
2022-08-04, Producer News, Europe
VDM Metals has been awarded Gold status by EcoVadis, a platform through which companies can have their sustainability performance assessed and customers can access this evaluation. Read more ...
voestalpine posts record performance in Q2/2022
2022-08-04, Producer News, Europe
voestalpine revenue for second quarter increased 38% (yoy) to EUR 4.6 billion and High Performance Metals division revenue increased 36% (yoy) to EUR 959 million levels. Read more ...
MBI Steel Day 2022 conference on September 27-28
2022-08-03, Market News, Europe
MBI Steel Day 2022 conference will take place in Frankfurt am Main, Germany on September 27-28 and it will also be live stream. Read more ...
Akcelik starts construction of a new service center
2022-08-03, Producer News, Distributor News, Europe
Akcelik have started the construction of its 7th location in Turkey in line with its 2027 goals. Read more ...
SIJ Americas established a new warehouse facility
2022-08-02, Producer News, Distributor News, America
SIJ Americas has acquired and established a new 35,000 square foot warehouse facility located 25 miles southwest of Chicago and is slated to be fully operational August 1, 2022. Read more ...
Groupe SEB sales increased in H1/2022
2022-08-02, End User News, Global
Groupe SEB achieved first-half sales of EUR 3.67 billion, up 1.6% versus demanding end-June 2021 comparatives. However sales in Q2/2022 decreased 0.4% to EUR 1.75 billion level. Read more ...
Shandong Xinhai to have new stainless steel capacity
2022-08-02, , Global
Shandong Xinhai announced their new project which is planned to have 1.62 million tonnes stainless steel capacity. Read more ...
E United Group to acquire 50% of Tang Eng
2022-08-01, Producer News, Asia
E United Group, which failed in its attempt to acquire Tang Eng more than a decade ago, announced on the 29th July that it will restart the merger and acquisition. Read more ...
Aperam had another record in Q2/2022
2022-08-01, Producer News, Global
Aperam achieved the sixth consecutive set of record results in the second quarter of 2022, despite an increasingly challenging market environment. Read more ...