In contrast to a report on the club website a week ago, Chinese consumers are not forced only to use stainless steel for in-house water piping in the future. Read more
The leading stainless steel processor ELG is being acquired by Aperam in a EUR 357 mill deal from the Haniel Group. But will this create value for the Luxemburg based stainless steel producer? Read more
Aperam reported the best quarter in its history with double digit in sales and volumes in Q1/21. The company announced to acquire the stainless and nickel alloy scrap trader ELG (Germany). Read more
Automotive registrations increased by 90% in April bringing January-April registrations to +8%. German car production January-April: even +22% yoy. 2021 numbers are significantly lower than 2019. Read more
Daido sales in the High Performance and Magnetic Materials Division (stainless steel included) declined by 11% in the FY ended March 31, 2021. Read more
According to a leading European stainless steel distributor, the European stainless steel flat market is extremely tight at the moment. Almost all mills have put their customers on allocation. Read more
Hitachi Ltd announced that it will transfer its Hitachi Metals shares to a U.S.-Japanese consortium consisting of Bain Capital, Japan Industrial Partners and Japan Industrial Solutions Read more
The Group’s business and profitability benefited from both a positively oriented demand with sold volumes increased by +6.6 % compared to Q1 2020 and the increase in raw materials prices. Read more
In spite of a strong market, stainless steel shipment levels of Q1/20 have not been reached in the last quarter. Ryerson reported a 4% decline. Read more
This newsflash shows quarterly production results of Sherritt International, PT Aneka Tambang and the Weda Bay project. Read more
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