The European Commission (EC) introduced a temporary plan so that EU countries can help energy-intensive industries cover surging electricity and fuel costs. Read more
2026-05-17Market News, Price News, Raw Material NewsIndia
Indian stainless scrap prices grew further by mid-May, supported by tightening supply, firm alloy costs and continued strength in import offers, although actual trading activity remained cautious. Read more
Nippon Steel has raised domestic prices for stainless cold-rolled flats for May contracts, as higher alloy costs and growing concerns over Middle East war continued to support the market. Read more
India’s auto wholesales softened in April from March’s high base, but passenger vehicles, two-wheelers and three-wheelers still posted record sales for the month. Read more
EU draft CBAM rules would recognise foreign ETS payments and limited Article 6 credits, while sharply restricting deductions linked to free allocations and compensation schemes. Read more
U.S. President Donald Trump left Beijing on Friday, 15 May after a two-day summit with Chinese President Xi Jinping that produced few concrete agreements. Read more
The U.S. Department of Commerce (USDOC) has issued preliminary results from its 2024-25 anti-dumping (AD) duty review of stainless steel bar from India. Read more
The U.S. Court of Appeals for the Federal Circuit has temporarily allowed the Trump administration to keep collecting its 10% global tariff while a legal challenge against the duties proceeds. Read more
2026-05-16Producer News, End User News, Market News, Distributor NewsEurope
Concern is building across the UK stainless steel supply chain over incoming trade measures that industry figures warn could disrupt supply, inflate costs and push manufacturing offshore. Read more
During the Q1 2026 earnings call, Outokumpu shared updates on key projects under its EVOLVE strategy, with the main focus on the ferrochrome business development. Read more
Outokumpu’s Q1 2026 earnings improved on higher stainless deliveries and stronger CBAM-driven activity in Europe. Backlog orders tied to a new planning system still weighed on results. Read more
European flat stainless mills saw limited Q1 impact from Middle East tensions, while tube and pipe producers reported more direct disruption to projects and logistics. Read more
April 2026 prices from SMR's monthly price census are available in the Stainless Club for both flat and long products. The latest prices are presented in a compact table. Read more
Italian stainless market conditions deteriorated further in April as weak demand, geopolitical tensions and rising costs weighed on the sector, while stainless scrap prices remained broadly stable, a Read more
Saritas Stainless Steel has placed a major equipment order with Andritz for the first phase of its integrated stainless steel project in Yalova. Read more
Taiwan’s stainless flat exports were broadly stable in April, as higher cold-rolled shipments largely offset a decline in hot-rolled coil exports. The imports eased from March’s sharp increase. Read more
Tsingshan has raised Indonesian stainless export offers again in May, lifting hot-rolled input costs across Asia, although market acceptance of higher prices in Taiwan remains very weak. Read more
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