The U.S. is pushing for all steel under the USMCA to be melted and poured in North America in order to receive preferential tariff treatment. Read more
China’s stainless flat product inventories increased slightly in late May and early June as seasonal demand weakened, offsetting the impact of lower mill deliveries and maintenances. Read more
Indonesia’s stainless steel exports remained broadly stable in April, as the first slab shipments to the EU this year helped offset some drops in other categories and destinations. Read more
Yangjiang Hongwang has moved a new stainless black coil pickling line into the environmental review stage, adding to its broader expansion in Guangdong. Read more
The European Commission (EC) has begun a consultation on the documentation importers will need to provide to demonstrate where steel was originally melted and poured under the new steel import regime. Read more
Worthington Steel has completed its takeover of Klöckner & Co, securing about 62% of the shares and moving ahead with plans to delist the German service center group. Read more
Marcegaglia has raised the planned investment in its Fos-sur-Mer steel project in France to EUR 1.2 billion, confirming one of the largest investments currently underway in the European steel sector. Read more
Alleima has inaugurated its expanded steam generator tube facility in Sandviken, Sweden, completing a SEK 330 million investment aimed at growing demand from the global nuclear sector. Read more
Insolvent German speciality steel producer Bergische Edelstahlwerke could secure a new owner this June as negotiations with several investors enter a decisive stage, according to German reports. Read more
PZSS has set new steelmaking records under Guangqing/Tsingshan management, but government output limits are expected to cap any major annual production increase. Read more
Global manufacturing stayed in mild expansion in May led by the US, while Eurozone growth slowed and China remained flat, with demand mixed and cost pressures still present. Read more
CBAM is increasingly influencing sourcing decisions, pricing strategies and supplier selection across the stainless steel distribution sector as importers face uncertainty over future carbon costs. Read more
Aperam Recycling North America has named two new executives to lead its U.S. operations, as the stainless and specialty scrap recycling business continues to consolidate under the Aperam brand. Read more
Ulbrich Stainless Steels & Special Metals has ordered a new stretch-bend-levelling line from Germany's Burghardt + Schmidt to improve flatness control across its precision strip range. Read more
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