As the political strike in Finland was extended for the second time, bringing it to four weeks, the economic impact on the country's steel companies continues mounting. Read more
The French government's proposed bailout deal, set to address the crisis engulfing in New Caledonia's nickel sector, has encountered a postponement. Read more
Boliden, a Sweden-based metals company, is bracing for a significant impact on its Q1/24 profit, estimated at around 500 mill. SEK (43.5 mill. EUR), due to prolonged industrial strikes in Finland. Read more
Taiwan's key stainless steel flats maker has decided to raise prices for April due to improved exports from one side and rising costs from another. Domestic demand still lags behind. Read more
Amidst the fluctuating dynamics of the nickel market, recent data from the International Nickel Study Group (INSG) offers a fresh perspective on global supply and demand. Read more
Norma Group, a leader in advanced and standardized joining and fluid handling technology, saw just a marginal decrease in sales in 2023. The company finished the year in black. Read more
As the second reporting deadline nears, SMR interviewed stainless steel suppliers in India, China, and Taiwan. They assessed their readiness to provide emission data to EU customers. Read more
voestalpine's greentec steel cuts CO2 by 10%, meeting rising demand for green steel. Plans for decarbonization involve shifting to electric route, aiming for carbon neutrality with green hydrogen. Read more
Ascometal terminates sale talks with Acciaierie Venete, seeks court protection for French sites, preserving Swiss Steel Group's financial plans. Read more
According to SMR analysis based on census data, the growth in Chinese industry segments related to stainless steel speeded up in early 2024 thanks to better-than-expected economic conditions. Read more
London launched additional consultation on introducing the UK Carbon Border Adjustment Mechanism (UK CBAM), proposing specific features of the tool for consideration. Read more
Yıldırım Group has recently made another significant acquisition in the nickel market by purchasing Euronickel Industries in North Macedonia, along with the NOVA Refractories factory. Read more
Sentiment in German companies has improved noticeably. The Business Climate index rose to 87.8 points in March, up from 85.7 points in February, according to ifo Institute. Read more
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