The Korea Institute of Materials Science (KIMS) introduced world’s first lightweight stainless steel which is about 20 % lighter than existing stainless steel. Read more
Order intake in the German mechanical engineering sector increased at a double-digit growth rate yoy. July was already the sixth month in a row with a strong growth. Read more
Despite the ongoing safeguard measures, EU-27 stainless steel flat products imports from Non-EU countries in first five months of 2021 increased by 2.6 % and reached to 480 kt level. Read more
“All Japan Stainless Steel Distributors Association” recently released the “National Stainless Steel Sheet Statistics” which summarizes the statistics of the multiple organizations and companies. Read more
According to Russian SpetsStal Association, in the first half of 2021, Russia’s production of stainless steel products increased by 0.2 % and reached to 72.1 thousand tons. Read more
The French producer of special and stainless long product steels, nickel alloy and titanium products, Aubert & Duval has recently reported a further drop in sales. Read more
The flood in July has hit DEW’s Hagen (Swiss Steel subsidiary) plant hard. A specialist company is working with the workforce to get the plant free of sludge and to save what can be saved. Read more
The leading US oil service providers Schlumberger, Halliburton and Baker Hughes are getting increasingly optimistic for the future and see growing momentum in the oil and gas market world-wide. Read more
As steel prices continue to hit new records, end-users demand President to end Section 232 for steel imports. Read more
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