Latest news

2024-04-25 Price News Global
Alloy surcharge forecast of Europe stainless steel flat products (grades 304L, 316L, 430) Read more
2024-04-24 Producer News Global
Swiss Steel Group confirmed the completion of the capital increase to support the company in challenging times in the market. Read more
2024-04-24 Producer News Europe
Outokumpu will close its operations at Dahlerbrück and Hockenheim this year, and will be partially transferred to the Dillenburg mill. Read more
2024-04-24 End User News Europe
Tranter will supply four large plate and frame heat exchangers in stainless steel to a DRI green steel plant set to be constructed in Germany. Read more
2024-04-24 Producer News Europe
Waelzholz has received the first delivery of thyssenkrupp’s low-emission steel, reducing carbon emissions by 75%. Read more
2024-04-24 Producer News Europe
Marc-Simon Schaar has been appointed as Outokumpu’s new Chief Financial Officer as of June 1, 2024. Read more
2024-04-23 Raw Material News Global
In the first quarter of 2024, Nornickel reported a notable 10% decrease in nickel production compared to the same quarter in the previous year, producing 42,101 tonnes down from 46,667 tonnes. Read more
2024-04-23 Market News, Price News, Raw Material News India
Stainless steel scrap prices moved up in India, following the trend in the nickel market. Due to limited local supply, import trading will likely stay active in the coming two months. Read more
2024-04-23 Market News Asia
South Korea raised stainless steel exports last month as foreign demand for hot-rolled coil and sheets was improved. Longs and pipes supply also slightly increased. Read more
2024-04-23 Producer News America
ELLWOOD has unveiled a plan to set up a vacuum induction melting (VIM) furnace at its New Castle, Pennsylvania plant. Read more
2024-04-22 Market News Europe
India increases further in “Seamless Tube & pipe” Read more
2024-04-22 Raw Material News Global
Merafe Resources, in partnership with Glencore, has experienced significant declines in ferro-chrome production throughout the past year and into the early months of 2024. Read more
2024-04-22 Market News China
China sharply increased its export volume of stainless steel products in March on competitive prices and delayed shipments from previous months. Due to oversupply, imports lost 30% from February. Read more
2024-04-22 Market News, Price News Asia
Stainless steel prices continued to increase in the second half of April, supported by nickel quotes surge and climbing offers in China’s local market. Read more
2024-04-21 Producer News Europe
SIJ Group has achieved ResponsibleSteel certification, which is a new sustainability milestone in the history of the company. Read more
2024-04-20 Market News Europe
Italy will engage in a dialog with the European institutions regarding existing issues with the Carbon Border Adjustment Mechanism (CBAM). Read more
2024-04-19 Market News China
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
2024-04-19 Raw Material News Global
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
2024-04-19 Raw Material News Global
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
2024-04-19 Producer News China
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