Latest news

2021-06-10 Producer News Europe
The metal recovery contract between Ilserv and stainless steel flat producer AST expires at the end of June 2021. Company Tapojärvi will replace Ilserv (Terni located). Read more
2021-06-10 Producer News, End User News, Market News, Price News Global
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SMR International Stainless & Special Steel Conference 2021 to be held in Como, Italy, from September 27 - 30, 2021. Register until June 18 and take advantage of the Super Early Bird Rate! Read more
2021-06-09 Market News Global
The International Stainless Steel Forum released crude stainless steel production data for the first quarter 2021: +24.7% yoy and +2.7% qoq. Read more
2021-06-09 End User News Europe
GEA was recently awarded a license to use ViwateQ wet finishing to polish stainless steel surfaces at its vibratory equipment manufacturing plant in Svendborg, Denmark. Read more
2021-06-09 Producer News America
Reported stainless steel flat production in Brazil grew by 24% yoy to 79,700 t, of which over 77,000 t was supplied to the domestic market. Read more
2021-06-09 Producer News Europe
Revenues declined by 11% to EUR 11.3 billion in the financial year 20/21 (ended March 31). High Performance Metals Division (including stainless and nickel alloys): even 20% down. Read more
2021-06-09 End User News Global
Boeing and Airbus published deliveries until May. Boeing delivered 17 aircrafts (including deliveries for cargo) and Airbus 50 units. Read more
2021-06-08 End User News Global
Baker Hughes’ rig count showed an improvement in all major regions. Worldwide, the number of active rigs grew by 7% yoy in May 2021. Read more
2021-06-08 End User News Europe
Dortmunder Brauereien GmbH (Germany) ordered at KHS resource-saving filling plant for beverage cans. Read more
2021-06-08 End User News Europe
Rational AG (German supplier of stainless steel cooking equipment for catering) experienced a 7% turnover decline in Q1/21. In spite of a weak market, the company plans to invest. Read more
2021-06-08 Producer News, Market News, Price News Asia
Taiwanese and Japanese stainless steel producers have announced to further raise stainless steel prices for 304. Read more
2021-06-08 End User News Europe
German beverage filling equipment supplier Krones AG achieved a turnover of EUR 874.6 million in Q1/21 (-7% yoy). Order intake grew by 27% yoy. Read more
2021-06-08 End User News Europe
Automotive component supplier Bosch opened its chip plant in Saxony on June 7, 2021. Read more
2021-06-08 End User News Europe
German manufacturers’ production expectations have fallen somewhat, but are still at a comparatively high level. Read more
2021-06-07 Producer News, Market News Global
Tsingshan is leading the list with 3 mill t followed by Walsin Lihwa, Viraj and Yongxing who all produced over 300,000 t in 2020. All winners and losers can be found at the new 2020 ranking. Read more
2021-06-07 Market News, Distributor News Europe
No surprising increases of exhaustion this week – “Others” including Indonesia and Vietnam, heading for full exhaustion in STS Colled Rolled Coils section. Read more
2021-06-07 Market News, Distributor News America
Increased Stainless steel AD duties were upheld by US Trade Court against Venus Group, Jindal and Laxcon. Venus Group has dropped appeal against measures. Read more
2021-06-07 End User News Europe
Faurecia (largest stainless steel exhaust equipment maker) extended a syndicated credit line for EUR 1.5 billion in May 2021. The company also received orders for hydrogen equipment. Read more
2021-06-07 Producer News China
Chinese stainless steel flat producer Tisco signed a contract with Chinese engineering companies for the upgrading of Tisco's hot rolled stainless steel plate-mill-plate equipment. Read more
2021-06-04 Producer News Europe
Outokumpu reduced net debt by EUR 210 million with the proceeds of the directed share issue. Read more