Sandvik SMT’s orders improved by 74% in Q2/21 (HY1/21: +18%), while revenues did not improve (-4% in Q2/21 / even -9% yoy in the first half year 2021). Read more
A leading stainless steel supplier to the European appliance industry said to SMR that the appliance industry will experience a strong second quarter 2021. Read more
ATI Metals announced that workers have ratified a new four-year labor agreement with the United Steelworkers, which ends the strike that began at the end of March. Read more
Russian pipe and tube maker TMK is implementing an investment project called "Stainless River" for the modernization of the electric steel-making production at Volzhsky Pipe Plant (VTZ). Read more
Italy’s equipment maker AIC develops a new Level 2 system for Acciaierie Valbruna S.p.A plants. Main target is a wireless data collection and delivery to interfaces of machines and control systems. Read more
The good times are back! Markus Moll talks about the stainless market in the second half 2021 – what will bring HY2 after the extreme takeoff since Q4/20? Read more
Germany’s electricity consumption 2030 will be much higher than previously expected. Reasons: More stringent climate targets and an unexpected strong market for e-cars. Read more
SMR has finalized the June 2021 stainless steel flat product price forecast: Distributor sales prices rose again by several hundred Euros month on month. Read more
SMR has completed the stainless steel long product price survey for June 2021. Distributor sales prices for 50 mm diameter bars grew by around 240 EUR/t (Europe). Read more
2021-07-14Market News, Raw Material News, Distributor NewsEurope
A leading European stainless steel scrap processor reported that 18/8 scrap prices are on peak levels. For the second half a stainless steel demand normalization is expected. Read more
Reuters reported recently that Indonesia is considering to limit NPI smelter construction in order to use reserves for higher-value products. Read more
2021-07-14Market News, Raw Material NewsRest of the world
Earlier announced export taxes for raw materials including Nickel expire by end of the year. Russia is working on measures to replace these taxes with more sophisticated methods. Read more
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