No surprising increases of exhaustion this week – “Others” including Indonesia and Vietnam, heading for full exhaustion in STS Colled Rolled Coils section. Read more
Increased Stainless steel AD duties were upheld by US Trade Court against Venus Group, Jindal and Laxcon. Venus Group has dropped appeal against measures. Read more
Faurecia (largest stainless steel exhaust equipment maker) extended a syndicated credit line for EUR 1.5 billion in May 2021. The company also received orders for hydrogen equipment. Read more
Chinese stainless steel flat producer Tisco signed a contract with Chinese engineering companies for the upgrading of Tisco's hot rolled stainless steel plate-mill-plate equipment. Read more
Duplex and Lean Duplex specialist for building and construction applications, Modersohn (Germany) has developed a special surface finishing process. Read more
In Germany, the number of newly registered cars increased by 37%. In May 2021, production even grew by 58% but still remained below pre-pandemic levels. Drivers were e-cars and exports. Read more
Cold Weather and return to the normal VAT scheme at the end of 2020 has led to a Q1/21 slowdown in the German building and construction industry. Read more
International Stainless Steel Forum awarded members for good practices and novel ideas in the areas of best technology and market development as well as safety and sustainability. Read more
SMR’s latest analysis of the next 10 years shows that the European stainless steel industry will need more crude steel capacity. It looks now that Aperam will be the first company to answer that call. Read more
The European Commission has imposed provisional anti-dumping duties on cold rolled stainless steel originating from India and Indonesia. Association Eurofer sees it at first step. Read more
The latest surcharge from ‘LZ Prognose’ is available including data until August 2021. ‘LZ Prognose’ has adjusted its Forecast and expects partially substantially higher surcharges than before. Read more
SIJ Metal Ravne, stainless steel and special steel long product company in the SIJ Group, launched a new specialized heat treatment line in the forge worth € 5.8 million. Read more
The Taiwanese stainless steel wire rod producer Yieh Hsing will not announce prices for wire rod in June and July. Orders will only be taken through individual bargaining. Read more
After delivery shortages including allocation and supply delays in the European stainless steel flat product market, the same is reported also from the stainless steel wire rod market. Read more
Workers at Roldan (Acerinox stainless steel long product production in Spain) decided to stop the two week strike at the Ponferrada site. Read more
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