Chinese stainless steel stocks started lowering in mid-April on somewhat better market sentiment in the country. However, the price rise is not expected to last long, which may cool buying down. Read more
In the first quarter of 2024, Vale reported a total nickel production of 39.5 kilotonnes (kt), which marks a decrease of 4% year-over-year (y/y). Read more
For the nine months ending March 31, 2024, BHP reported a total nickel production of 59 kilotonnes (kt), marking a modest increase of 1% year-over-year. Read more
The major Chinese stainless steel maker, Yongjin, raised output and sales last year, but its net profit dropped slightly. The company has a very ambitious plan for 2024. Read more
U.S. President Joe Biden seeks to enhance the protection of the national steel, aluminum, and shipbuilding industries from Chinese unfair trade practices. Read more
By choosing equipment suppliers, NetZero Metals, a wholly-owned subsidiary of Canada Nickel, has taken another step toward projecting stainless steel and nickel plants in Timmins, Canada. Read more
Tubos Reunidos will be the world's leading producer in the manufacture of seamless pipes with 0.0 kg of CO2e emissions per kg of pipe or tube produced, within its direct operations and energy used. Read more
Multi-functionality, which is the ability of many workers to be able to work on different machines within production, is a trump card for CPC Inox. Read more
Rina has been awarded a contract for the design approval and construction supervision of the fourth and fifth Excel-class cruise ships for Carnival Cruise Line. Read more
Electra commissioned its pilot plant in Boulder, Colorado to produce metallic iron from already mined, high-impurity, commercially stranded ores to decarbonize the steel industry. Read more
CEOs of major European ports unite to secure a sustainable future for industry, urging government leaders to merge climate and industrial policies for Europe's economic and environmental well-being. Read more
Constellium has announced the closure of its coal-fired power station located at its Singen facility in Germany, concluding the company's global transition away from coal usage. Read more
Tosyali has won the tender for the "Rhine Water Transport Pipeline", one of the most important environmental transformation projects in Germany. Read more
Alleima in collabration with KPMG, has developed a generative AI solution, Alleima Guru, which makes searching through the material easier and more efficient to manage. Read more
thyssenkrupp Steel Executive Board reacted to challenging market conditions and presented initial conceptual outlines of a planned realignment of steel operations. Read more
Jindal Stainless announced its official commitment to the near-term science-based emissions reduction and Net Zero targets outlined by Science-Based Targets initiative (SBTi). Read more
Following record-breaking delivery levels in the final quarter of 2023, both companies witnessed a notable retreat during the first quarter of 2024. Read more
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