During the first half of the year, EU commercial vehicle registrations went up by 36.9% to 1 million units. Trucks and Vans grew substantially, Buses and coaches only moderately. Read more
Indian Stainless Steel flat product producer Jindal Stainless (JSL) plans to lift melting as well as hot and cold rolling annealing and pickling capacities in the next two years. Read more
According to the standalone financial results, JSL’s sales volumes were 168% higher than in the same quarter last year, revenues increased by over 200%. Read more
Sales of the French small household appliance producer improved by 24% yoy in the first half year 2021. The performance was driven by buoyant demand and continued strong demand from e-commerce. Read more
Stainless Steel welded tube and pipe producer Schoeller Werk in Hellenthal/Germany was flooded during the heavy rainstorm in mid-July but returned to almost normal work in the meantime. Read more
The Korea Trade Commission has decided to impose anti-dumping (AD) duties on flat-rolled products of stainless steel originating in China, Indonesia, and Taiwan, for a period of five years. Read more
Due to fast recovery after pandemic, China is currently suffering from power shortage. According to newspapers several regions have this problem at the moment. Read more
The recent flooding damage in several parts of Germany and Western Europe had an impact on OTK’s Dahlerbrück stainless steel precision strip plant. Read more
ACEA reported that registrations of electrically-chargeable cars continued to expand in the EU in Q2/21. The market shares of battery electric cars reached 7.5%. Read more
Stainless producer Acerinox and Técnicas Reunidas have reached an agreement to work together in the study of the decarbonization process of the Acerinox Europa facilities. Read more
Revenues of AK Steel owner were USD 4.9 billion in Q2/21 and USD 8.8 billion in the first half year 2021. Steel production stood at around 3.8 million metric ton in the quarter. Read more
Reliance Steel and Aluminum presented financial results for Q2/21. Stainless steel tonnage improved by 11% yoy in HY1, Q2 was volume-wise at the same level as Q1/21. Read more
Swedish steel, stainless and aluminum distributor BE Group net sales improved by 22% yoy in the first half 2021. Stainless steel sales however declined yoy. Read more
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