China’s stainless steel crude output fell sharply in February as Lunar New Year stoppages hit mills nationwide, with Tsingshan alone accounting for just over half of the decline. Read more
Indonesia’s stainless steel exports increased in January, as stronger shipments of hot-rolled feedstock to Taiwan and Vietnam more than offset weaker exports of slabs and cold-rolled flats. Read more
Indonesia’s talk of a possible mid-year increase in nickel ore quotas cooled supply fears in early March, pressuring nickel prices and softening near-term cost pressure for stainless steel. Read more
Shyam Metalics lifted stainless realizations in February mainly on higher market prices, with a richer product mix and export growth providing additional support, even as sales volumes edged lower. Read more
President Donald Trump’s tariff policy is facing renewed legal scrutiny after a coalition of 24 U.S. states filed a lawsuit challenging new global tariffs introduced under Section 122. Read more
Stainless market sentiment in the U.S. remained cautious in late February, as tariffs, pricing changes and uneven demand continued to shape the outlook. Read more
The sale of Speciality Steel UK (SSUK), the former Liberty Steel business, has entered a decisive phase, following media reports that multiple bidders are in active discussions to acquire the assets. Read more
The European Parliament has prolonged the suspension of work on implementing the EU-US trade agreement due to uncertainty over U.S. tariff policy and a dispute involving Spain. Read more
The Slovenian steelmaker SIJ Group has secured a long-term refinancing agreement with its key lenders, providing financial stability as the company continues its restructuring. Read more
After several delays, the European Commission (EC) has unveiled its Industrial Accelerator Act (IAA). The plan aims to revive EU manufacturing, but the support for steel demand remains limited. Read more
Türkiye’s Çolakoğlu Metalurji has overturned in court the extension of anti-dumping duties on stainless steel hot-rolled products from Indonesia to shipments from Türkiye that took effect in 2023. Read more
The EC has announced that the first-ever price for the Carbon Border Adjustment Mechanism (CBAM) certificates will be revealed on April 7, marking another step toward the tax’s full implementation. Read more
Glencore-Merafe Chrome Venture extended its labour consultation process to March 31 while negotiations continue on a proposed 62 ZAR cents/kWh electricity tariff for the ferrochrome sector. Read more
2026-03-08Market News, Price News, Raw Material NewsIndia
Indian stainless scrap prices remained firm in early March, as mills continued to favor domestic material while import costs stayed supported by a strong dollar and higher alloy-related inputs. Read more
Industry leaders meet on 13 April 2026 to discuss market developments, CBAM requirements and key trends shaping the stainless steel and nickel alloy tube & pipe sector. Read more
ICDA Africa Chromium Week 2026 will bring together policymakers, industry leaders and market participants from 14-16 April 2026 in Victoria Falls, Zimbabwe. Read more
Langley Alloys has acquired UK-based Offshore Stainless Supplies out of administration, expanding its precision bar and high performance alloy capabilities. Read more
President Donald Trump will intensify the administration’s “America First” trade policy in 2026, according to the U.S. Trade Representative’s 2026 'Trade Policy Agenda' and '2025 Annual Report'. Read more
SMR Raw Materials Report, February 2026 is now available for all club members. It has the latest price trends and price analysis for stainless steel scrap, NPI, nickel, ferrochrome and molybdenum. Read more
This website uses cookies, which are necessary for the technical operation of the website and are always set. Other cookies to personalize content and ads and to analyze access to our website are only set with your consent.
