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2024-03-28 Market News, Price News Asia
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
2024-03-28 Raw Material News Global
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
2024-03-28 End User News Europe
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
2024-03-28 Market News Asia
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
2024-03-28 Producer News Europe
Tubacex received recognition in Paris for its contribution to addressing maintenance challenges in France's nuclear sector. Read more
2024-03-28 Producer News, End User News Europe
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
2024-03-28 Producer News Europe
Ascometal terminates sale talks with Acciaierie Venete, seeks court protection for French sites, preserving Swiss Steel Group's financial plans. Read more
2024-03-28 Producer News, End User News Europe
Butting secures stainless steel pipes supply contract for Europe's largest e-methanol plant under construction. Read more
2024-03-28 Market News China
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
2024-03-28 Producer News, Market News, Distributor News Europe
London launched additional consultation on introducing the UK Carbon Border Adjustment Mechanism (UK CBAM), proposing specific features of the tool for consideration. Read more
2024-03-27 Raw Material News Global
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
2024-03-27 Distributor News Europe
BE Group announces closure of unprofitable Baltics operations due to persistent losses, impacting approximately 25 employees. Read more
2024-03-27 End User News Europe
GEA introduces perfusion technology, promising enhanced productivity and sustainability in new food production. Read more
2024-03-27 End User News Europe
Arcelik's revenue decreased in 2023 by 33% to EUR 10 billion, although it remained flat in local currency terms. Read more
2024-03-27 End User News Europe
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
2024-03-27 Producer News Europe
The Board of Directors members Barend Fruithof and Oliver Streuli, both representatives of the major shareholder PCS Holding, have informed Swiss Steel Holding of their immediate resignation. Read more
2024-03-27 Distributor News Global
Jacquet Metals saw a 17% decrease in annual sales to EUR 2.23 billion in 2023, with early 2024 projecting even lower business levels due to evolving market conditions. Read more
2024-03-27 Distributor News Europe
In the last quarter of 2023, BE Group's stainless steel sales value for the business areas of Sweden & Poland and Finland & Baltics decreased closer to levels seen in the second half of 2020. Read more
2024-03-26 Price News Global
Alloy surcharge forecast of Europe stainless steel flat products (grades 304L, 316L, 430) Read more
2024-03-26 Raw Material News Global
The European benchmark price for ferrochrome for the second quarter of 2024 has been announced at USD 1.52/lb of chromium, marking a 5.6% increase from the first quarter's price of USD 1.44/lb. Read more