The leading Taiwanese stainless steel maker, Walsin Lihwa, announced another price rise for 300 series products due to continuous increases in production costs but still weak demand. Read more
Jindal Stainless partnered with Indian Institute of Technology Kharagpur for metallurgical R&D, such as process optimisation, materials characterisation, and primary alloy production. Read more
After the plunge in January, Japan’s stainless steel exports recovered last month, improving supplies to Taiwan, China, and the US. Imports from all three major sources increased. Read more
Yongjin Corporation claimed it will delay the launch of the second phase of the project in Gansu province, first phase of which was completed in the Q3 last year. 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
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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