Olympic Steel increased stainless deliveries in Q1 2025 and projected a long-term growth of the Specialty Metals division driven by acquisitions and continued investments. Read more
Italian stainless steel flat products producer Arvedi Acciai Speciali Terni (Arvedi AST) paused operations in the hot area again in May, following a two-week stoppage in April. Read more
Leading U.S. stainless steel producer North American Stainless (NAS) has announced the introduction of a new “tariff” line item to its monthly surcharge sheet, beginning May 2025. Read more
India is expected to start an anti-dumping investigation on stainless steel imports from China, Vietnam, and probably some other Southeast Asian countries in the near future. Read more
2025-05-12Market News, Price News, Raw Material NewsIndia
Stainless scrap import prices in India edged slightly lower in May, yet a broader downtrend is not anticipated, as demand for finished steel and raw materials remains relatively stable. Read more
Stainless flat product imports increased in Türkiye in March compared to the previous month, but they were still below the level a year ago. Up-to-date volume also reflected a decline. Read more
Chinese stainless steel stocks continued rising in late April and early May due to speculative buying on the one hand and suspended end-use buying during the holidays on the other hand. Read more
Chinese stainless steel makers set a new record high production level last month, but 300 series output dropped by 99 kt m-o-m due to lower profitability. Read more
Jindal Stainless reported a significant sales rise in Q1 2025, despite weakening exports and growing import penetration in the Indian market. Read more
At Made in Steel 2025 in Milan, industry voices highlighted the growing pressure on Europe’s stainless steel sector amid weak demand, rising imports, and policy uncertainty. Read more
Acerinox improved results in Q1 2025 through higher production and the full integration of Haynes, despite continued market weakness and trade-related uncertainty. Read more
Weak stainless demand, low prices, and high imports continued to weigh on Outokumpu in Q1 2025, though profitability improved thanks to higher volumes and strong performance in Ferrochrome. Read more
Cleveland-Cliffs’ Q1 2025 results were affected by weak automotive demand, non-core assets losses, and an unprofitable slab supply contract, while restructuring efforts are underway. Read more
Daido Steel reports slight declines in its financial performance over the period from April 2024 to March 2025. However, the company anticipates moderate improvements in stainless steel demand. Read more
Walsin Lihwa, a major Taiwanese industrial giant and stainless steel maker, reported a sharp rise in its April revenue due to the expanding cable business. Read more
In April, domestic passenger car production reached a volume of 367,500 units. This was 7% less than in the same month last year, with one fewer working day available, according to VDA. Read more
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