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2021-01-07 End User News, Market News Europe
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Despite the second Corona wave and partly lock-downs German economic indicators were surprisingly strong in November 2020. Read more
2021-01-06 Producer News Europe
Outokumpu has announced details of headcount reduction after employee negotiations. In total it is planned to reduce the number of employees by around 1,000 until the end of 2021. Read more
2021-01-06 End User News Europe
Alstom presented its Coradia iLint fuel-cell train in 2016 and plans to start serial production in 2021. Read more
2021-01-05 End User News, Market News Europe
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According to a reports by Handelsblatt, German companies like Siemens Energy, RWE and ThyssenKrupp are positioning themselves in order to play a dominant role in the growing hydrogen market. Read more
2021-01-05 End User News Asia
The Chinese government announced cuts of subsidies for electric cars in 2021. Read more
2021-01-04 End User News, Market News Asia
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The Japanese government announced plans to only allow sales of electric, hybrid and hydrogen cars by mid-2030. This is a part of the green strategy that should make Japan carbon neutral by 2050. Read more
2021-01-04 Market News Global
According to International Stainless Steel Forum, stainless steel crude steel production for January to September 2020 declined by 8% yoy to 36.7 million t. Read more
2021-01-04 Producer News Europe
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The Board of Directors of Swiss Steel Group has appointed Frank Koch as Chief Executive Officer (CEO) of the Group effective January 1, 2022 at the latest. Read more
2021-01-04 Raw Material News China
China will cut its ferrous scrap import tax to zero, effectively ending its import ban on ferrous scrap. This however does not mean that there will be no import taxes in the future. Read more
2021-01-04 End User News Global
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German automotive component supplier and steel tube maker Benteler agreed on refinancing plan with banks. Read more
2021-01-04 End User News Europe
ACEA (European Automobile Manufacturers Association) reported a modest increase of commercial vehicles registrations in the EU in November 2020. Read more
2020-12-21 Producer News Asia
The former leader of the stainless steel business unit, Mr. Kyung Hwa Song has been transferred to Posri as Senior Advisor and the new Stainless Steel business unit leader is Read more
2020-12-20 End User News Global
2020-12-18 Producer News China
Delong will build a stainless steel new plant in Liyang (Jiangsu Province) with a capacity of 6 million t for Hot Rolling. Construction start was in December. Read more
2020-12-18 Market News Asia
Almost 500 local enterprises jointly requested POSCO to withdraw the complaints against stainless steel imports from three Asian countries. Read more
2020-12-18 End User News America
Around 2,400 t of stainless steel re-bars have been used for the northbound Mile Long Bridge deck in Illinois. Read more
2020-12-18 End User News America
US Census reported Shipments by end use segments. Overall shipments of the US industry fell by 7% compared to ten months of 2019. Read more