Chinese New Investor into Indonesian NPI
2021-12-02, Raw Material News, Asia, full text for subscribers only
Beijing Easpring Material Technology Co.,Ltd. and CNGR Advanced Material Co., Ltd. signed a strategic cooperation framework agreement to develop Indonesian NPI (nickel pig iron). Read more ...
Swiss Steel Group continues to increase profitability in Q3/2021
2021-12-02, Producer News, Europe, full text for subscribers only
Sales volume in Q3/2021 of 410 kt, up 23.5% compared to 332 kt in Q3/2020, driven by steady demand in the company’s two main end markets of automotive and mechanical and plant engineering. Read more ...
Brazil: Stainless Steel Flat Production 9M/2021: +27% yoy
2021-12-01, Producer News, America, full text for subscribers only
Stainless steel sheet and coil production (single producer: Aperam) increased by 27% in 9 months of 2021 compared to the same period last year. Read more ...
OECD: Global Recovery Continues
2021-12-01, Market News, Global, full text for subscribers only
According to OECD, after a rebound of 5.6% in 2021, global growth would move along at a brisk pace of 4.5% in 2022, moderating to 3.2% in 2023. Read more ...
Tsingshan’s Processing Center Project officially started
2021-12-01, Producer News, Project News, China, full text for subscribers only
Tsingshan Holding’s Jingjiang Stainless Steel Processing Industrial Park project started in Jingjiang Economic and Technological Development Zone. Read more ...
Aichi Steel raises Surcharge for Molybdenum Stainless Steel
2021-12-01, Producer News, Asia, full text for subscribers only
Japan’s Aichi Steel announced that from December 2021, the surcharge for molybdenum stainless steel products (section and round bars) will be increased by about 30%. Read more ...
ACEA: State of the EU auto Industry in 9M/2021
2021-11-30, End User News, Europe, full text for subscribers only
EU car output increased by only 3.1% in the first nine months of 2021 to reach 7.6 million cars built, which is still 3 million units less than 2019 pre-crisis volumes. Read more ...
Commission clears acquisition of ELG Haniel by Aperam
2021-11-30, Producer News, Europe, full text for subscribers only
Under the EU Merger Regulation, the European Commission has approved the acquisition of ELG Haniel GmbH of Germany by Aperam S.A. of Luxembourg. Read more ...
Union’s concerns about AST sale to Arvedi
2021-11-30, Producer News, Europe, full text for subscribers only
Ongoing discussion between Italian steel workers union and AST about union concerns regarding the sale of AST. Read more ...
ifo: Shortage of Materials Intensifies in German Manufacturing
2021-11-29, End User News, Europe, full text for subscribers only
The materials shortage in German manufacturing has worsened considerably. In November, 74.4% of companies complained about bottlenecks and problems procuring intermediate products and raw materials. Read more ...