South Korean stainless steel cold rolled flat production dropped 5% in Q3/20 compared to the previous quarter, stainless steel quarto plate production was even 24% down qoq. Read more
German Electronic Industry grew the second consecutive month showing a positive growth. In October orders for the domestic market grew while orders from abroad declined. Read more
The Internal Market Protection Department of EEC issued announced the final ruling of the anti-dumping (AD) sunset review on December 1, 2020 against Chinese cutlery and utensils imports Read more
Tata Projects Limited, India, ordered a seawater flue gas desulphurization plant (FGD) with wet stack and integrated seawater treatment from Andritz. Read more
In the third quarter 2020 South Korean stainless steel crude steel production declined by 6%. Compared to the previous quarter production was 20% up. Read more
Extension of Indian AD Duties for stainless cold rolled stainless steel announced for Deliveries from China, Taiwan, South Korea, EU, South Africa, Thailand and the United States Read more
Reported finished production of stainless steel hot rolled, cold finished and wire rod was 6% below the previous quarter. Hot rolled bars declined by 16%, while cold finished bar production even grew. Read more
Germany’s mechanical engineering association VDMA has revised its production forecast for 2020 upwards after a better than expected third quarter 2020. Read more
After the start of Baosteel Desheng’s No.1 hot rolling mill in summer, the No.2 hot rolling mill has been started at the end of November as well. Read more
Consolidation in the US stainless steel business: ATI Metals plans to exit the stainless steel business in 2021. ATI will focus on high-value products with high margins only. Read more
The industrial production index for Germany has fallen from 16.3 points in October 2020 to 5.5 points in November 2020. It is assumed that the 2nd COVID-19 wave had a strong negative impact on results Read more
A leading seamless producer reported to SMR that the demand for tube and pipe was satisfactory until September this year but declined since then. Read more
The Association of car importers to Germany (VDIK) expects a level of 2.9 million new passenger car registrations for 2020. This is the lowest level in 30 years Read more
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