Latest news

© Alfa Laval
© Alfa Laval
Outokumpu to supply Circle Green steel to Alfa Laval
2023-12-06, Producer News, End User News, Europe
Alfa Laval, the leading global provider of first-rate heat transfer, separation, and fluid handling products, will become another customer for Outokumpu Green Circle Steel. Read more ...
© Walsin Lihwa
© Walsin Lihwa
Walsin drops revenue again on falling prices and STS production
2023-12-06, Producer News, Asia
Walsin Lihws, the major Taiwanese stainless steel longs and cable producer, reported another revenue decline in November due to falling prices and volumes. Read more ...
© Nippon Yakin Kogyo
© Nippon Yakin Kogyo
Japan’s STS exports lose another 5.5% in October
2023-12-06, Market News, Asia
Japan’s stainless steel exports decreased again in October despite the recovery of HR shipments. Most of the decline was seen in China, Thailand, and India. Read more ...
© Aperam
© Aperam
BSH chooses Aperam as low-CO2 STS supplier
2023-12-06, Producer News, End User News, Europe
Aperam’s long-time customer and a leader in the home appliance industry, BSH Hausgeräte, has chosen Aperam's infinite reduced-CO2 stainless steel to fulfill its decarbonization targets. Read more ...
China cut STS output again to ease oversupply in November
2023-12-06, Market News, China
Chinese stainless steel makers cut production for the third consecutive month in November. The decline was caused by oversupply and falling market prices. Output may be stabilized in December. Read more ...
STS Companies Financials Q3/2023
2023-12-05, Market News, Global
Q3/2023 period financial results of stainless steel industry companies are available in the club for download. Read more ...
© Glencore
© Glencore
Glencore affecting FeCr supply in China
2023-12-05, Market News, Raw Material News, Global
Glencore reduced the annual target of ferrochrome production in 2023 due to sharp output cuts in Q3 this year. The decline impacted supply in China and is likely to support prices in December. Read more ...
[Update] Alloy Surcharge Forecast: January and February 2024
2023-12-04, Price News, Global
Alloy surcharge forecast of Europe stainless steel flat products (grades 304L, 316L, 430) Read more ...
Safeguards Report Q4/2023, week 49
2023-12-04, Market News, Europe
India reaches full exhaustion in “Seamless Tube and Pipe” Read more ...
SMR Raw Materials Report, November 2023
2023-12-04, , Global
SMR Raw Materials Report, November 2023 is now available for all club members. It has the latest price trends and price analysis for stainless steel scrap, NPI, nickel, ferrochrome and molybdenum. Read more ...
Russia's STS apparent consumption adds 24% in Jan-Sep
2023-12-04, Market News, Rest of the world
Stainless steel consumption hiked in Russia in January-September. Imported supplies mainly covered it, while output also increased. Exports fell. Read more ...
Japan's auto sector supports STS suppliers
2023-12-04, End User News, Asia
The Japanese automobile industry achieved double-digit growth in production, sales, and exports in January-September. The sector remained the major support for STS consumption in the country. Read more ...
ATI aims for over USD 5 billion revenues in 2027
2023-12-03, Distributor News, America
Allegheny Technologies Incorporated (ATI) updated its revenue target for the following four years based on extremely goods performance of its main customers - aerospace and defence industries. Read more ...
Profitability of Italian STS distributors deteriorates
2023-12-03, Distributor News, Europe
Due to low demand and cost increases, Italian STS service centers continue facing profitability squeezes. The future also holds uncertainties as no significant improvements are in sight. Read more ...
© Outokumpu
© Outokumpu
Outokumpu extends HR coils supply agreement with AM/NS instead of building new mill in US
2023-12-01, Producer News, America
Outokumpu has disclosed a successful extension of its long-term partnership with ArcelorMittal Nippon Steel (AM/NS) to procure hot rolling services in the Americas. Read more ...
Arvedi AST to sell its service center in Turkey to neighbor
2023-12-01, Producer News, Distributor News, Europe
Arvedi AST intends to sell its service center in Turkey to a leading domestic stainless steel processor, Sarıtaş. Read more ...
© AST
© AST
Arvedi AST installs Fives's quality management system
2023-11-30, Producer News, Europe
Italian stainless steel flats producer Arvedi AST has chosen Fives to digitalize and transform their production management. Read more ...
© Walsin Lihwa
© Walsin Lihwa
Walsin Lihwa drops WR prices for December
2023-11-30, Producer News, Price News, China
The major Taiwanese stainless steel longs maker Walsin Lihwa announced domestic price decline for December, as expectations for the last month of the year are not bright. Read more ...
© YUSCO
© YUSCO
YUSCO claims sharp price decline for December
2023-11-30, Producer News, Price News, Asia
YUSCO, the major Taiwanese stainless steel flats maker, announced a price decline for December due to weak demand and a downtrend in raw materials. Read more ...
© Carpenter Technology
© Carpenter Technology
Carpenter Technology announces management changes
2023-11-29, Distributor News, America
Carpenter Technology has named a new Senior Vice President and Chief Operating Officer to lead the group toward operation expansion and meeting record customer demand. Read more ...