Shyam Metalics’ stainless sales recovered in June after the annual rolling shutdown in May, while average realizations eased slightly from the previous month’s high level. Read more
Walsin Lihwa’s June revenue jumped y-o-y, extending the company’s second-quarter recovery, although sales eased from May and first-half revenue still remained marginally below 2025 levels. Read more
Canada is backing development of Greenland's Malmbjerg molybdenum project with funding for metallurgical research, in its first direct involvement in mining in the territory. Read more
Effective 1 July 2026, the formal merger of Nova Trading and Nova Metale was completed through the acquisition of Nova Metale by Nova Trading. Read more
Just two days after the EU's new steel import regime entered into force, allocation requests for several stainless steel products have already reached or exceeded the available quarterly quotas. Read more
European stainless steel producer Outokumpu has joined other European steelmakers in urging the EU to preserve the current Emissions Trading System (ETS) ahead of its upcoming review. Read more
Weak housing activity, cautious consumer spending and lingering inflation continue to pressure the US appliance market, limiting the gains domestic producers hoped to see from recent trade measures. Read more
US stainless mills successfully maintained their recent price increases in June, even as underlying demand softened and a handful of strong markets propped up activity. Read more
The US has declined to renew the USMCA at its July 1 review, keeping the pact alive for now but triggering a decade-long annual review process. Read more
At last month's G7 summit, the US urged allies to adopt a Pentagon-developed AI model called OPEN to generate reference prices for critical minerals. Read more
Sherritt International has warned of "material uncertainty" over its survival after US sanctions left the nickel and cobalt producer facing default on its debt. Read more
China’s stainless flat inventories rose in late June as concentrated arrivals in Wuxi outweighed continued destocking in Foshan amid weak seasonal demand. Read more
Guangxi Ganglian New Materials is seeking at least 2 million tpy of compliant steelmaking capacity before China’s two-year transfer window closes. Read more
The US Department of Energy has committed up to USD 17.5 billion in loans to finance long-lead components for 10 AP1000 nuclear reactors, aiming to accelerate deployment by up to three years. Read more
Russian stainless steel consumption fell sharply in January-May, as high interest rates, disrupted imports and weakening civilian demand deepened the market crisis. Read more
Market talk over a possible sale of POSCO Assan TST has revived with stronger grounds, while POSCO Thainox is also seen as a possible divestment candidate. Read more
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