Latest news

2020-12-07 Producer News America
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
2020-12-07 Producer News America
US stainless steel precision strip producer Ulbrich will unveil a new 20-high cold rolling mill in Wallingford/Connecticut Read more
2020-12-07 End User News Europe
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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
2020-12-07 Producer News Europe
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
2020-12-07 End User News Europe
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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
2020-12-07 End User News Europe
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World’s leading bottle filling equipment manufacturer Krones AG (Germany) will further reduce number of employees. Read more
2020-12-06 End User News Europe
The German Retail Association HDE (Handelsverband Deutscher Einzelhandel) reported a further weakening of consumer climate in December. Read more
2020-12-04 End User News America
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US census recently updated its regular shipments and new orders report. Data are now available for January to October 2020. Stabilization in October but substantial decline year to date. Read more
2020-12-04 End User News Europe
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In German media, the growing importance of the Chinese market was critically discussed. Read more
2020-12-04 Producer News America
Valbruna ASW is the former Slater Steel in Welland, Ontario. It produces carbon, alloy and stainless steels semis and bars. Valbruna acquired the company in September 2019... Read more
2020-12-03 Market News Europe
SMR’s interactive International Stainless Steel Webinar (December, 2) has been attended by a huge number of stainless steel community members. Read more
2020-12-03 Market News Global
During SMR’s stainless steel seminar a number of questions were interactively discussed with attendees. Some of the most interesting results of the polls are shown in the following. Read more
2020-12-03 Market News Asia
WTO: South Korean antidumping duties on stainless steel bars from Japan do not comply with WTO rules. Read more
2020-12-02 End User News Global
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The energy research company Rystad presented data for the oil/gas market. Exploration spending will decline by 33% this year. Read more
2020-12-02 End User News America
After a weaker first half year building / construction activity show growth again. Value of construction put in place grew by 4% yoy in October 2020. Read more
2020-12-02 End User News Global
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November 2020 consumer climate was dampened by COVID-19 in the United States and Germany, while Japan remained stable. Read more
2020-12-02 End User News Europe
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The German newspaper Handelsblatt recently reported about a study in which the main challenges for automotive component suppliers have been introduced. Read more
2020-12-01 Market News China
Chinese Stainless Steel Association CSSC recently reported Chinese stainless steel crude steel production for Q3/20. For the first two quarters 2020, crude steel data have been revised. Read more
2020-12-01 End User News Europe
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Tesla has recently announced plans to add a battery plant to the car plant in Grünheide / Germany. Musk talked about a capacity of up to 250 GWh in a later a stage. Read more
2020-12-01 End User News Europe
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According to VDMA, machinery exports from Germany are increasingly stabilizing. In September, German machinery and plant manufacturers recorded however still a 7.6 % export drop yoy. Read more