2026-04-03Market News, Price News, Raw Material NewsIndia
Indian stainless scrap prices continued to increase by early April, supported by higher freight costs and tighter domestic availability, although buying interest remained limited. Read more
Türkiye’s stainless imports eased in February after January’s spike, as cold-rolled arrivals corrected sharply while the first sizeable Malaysian cargo drew close market attention. Read more
Indonesia’s stainless steel exports declined in February, as weaker hot-rolled coil and billet shipments more than offset higher exports of cold-rolled flats and slabs. Read more
India again extended BIS-related relief for some stainless flat imports, despite continued unease among domestic mills over repeated exemptions. Read more
Metal One has taken full control of Thai stainless processor PSCTH, aiming to expand higher-value polished product sales and strengthen its regional export platform. Read more
Japanese stainless steel exports fell in February as weaker flat product shipments outweighed a recovery in tube and pipe, while imports remained broadly stable. Read more
POSCO kept its April stainless prices unchanged, as a further rise risked pushing Korean buyers toward imports just as fresh second-quarter quota became available. Read more
Worthington Steel has exceeded the minimum acceptance threshold for its takeover offer for Klöckner & Co, securing control of the German metals distributor. Read more
Swiss Steel Group has commissioned an electric forging furnace at its Finkl Steel-Sorel plant in Quebec, as part of its previously announced modernization program. Read more
Walsin Lihwa and Yieh Hsing raised April stainless longs domestic prices, following YUSCO as higher raw material and energy costs continued to support the market. Read more
Yongjin Thailand stainless cold-rolling project is nearing its planned July launch, though market participants remain skeptical that the company’s broader overseas expansion will progress as smoothly. Read more
Japan’s auto industry started 2026 on a softer footing, with output easing and domestic sales losing momentum after a steadier end to last year. Read more
Merafe has extended negotiations with Eskom over a proposed electricity tariff relief scheme, while prolonging its labor consultation process as discussions continue. Read more
Greenland Resources signed an MoU with ROGESA, a joint subsidiary of Germany’s Dillinger and Saarstahl, covering future molybdenum supply from its Malmbjerg project. Read more
Swedish stainless steel fastener producer BUMAX is expanding its presence in Eastern Europe, establishing a base in Hungary and appointing Tibor Prezenszki to lead regional development. Read more
Indonesian Tsingshan raised hot-rolled coil offers again at end-March, extending a month-long uptrend that has pushed Asian stainless prices higher. Read more
YUSCO, a major stainless steel producer in Taiwan, announced further price increases for April stainless steel deliveries, continuing the upward trend seen since December 2025. Read more
China has opened two investigations into U.S. trade practices in direct response to Section 301 tariff probes, as fragile diplomatic relations come under increasing strain. Read more
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