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2021-06-19 Producer News Europe
Today's news from French and Belgian media have been confirmed by the company: ArcelorMittal gave up selling its subsidiary Industeel. Read more
2021-06-18 Market News Global
New import/export data for stainless steel flat products will be available soon in SMR’s stainless club. Countries Europe: data until February 2021, for other countries data up to April are available. Read more
2021-06-18 Market News Asia
Japan has requested consultations with China at the WTO regarding AD on stainless steel originating from Japan. Read more
2021-06-18 End User News Europe
According to association VCI, German chemical and pharmaceutical industry started positive into 2021. Demand for chemical products has improved world-wide and stimulated production in Germany. Read more
2021-06-18 End User News Europe
In January to May 2021, passenger car registrations in the European Union rose by 29.5% yoy (in total 4.3 million units) – but is still far below 2019 numbers. Read more
2021-06-18 End User News Europe
General Motors and Liebherr-Aerospace will join forces to develop a hydrogen fuel cell power generation demonstrator system for aircraft. Read more
2021-06-17 Producer News Global
Tsingshan was again the largest stainless steel flat product producer world-wide. Also the number two and three are from China. More than 50% of producers in the top-25 list are from China. Read more
2021-06-17 Market News Europe
According to stainless steel market players, the EU commission has not officially announced safeguard quotas but informed already company lawyers. Read more
2021-06-17 Price News Europe
In contrast to earlier expectations of European SMR Price Census Panel members, stainless steel market prices again strongly increase in June. Read more
2021-06-17 Producer News Europe
Workers at stainless steel seamless pipe & tube maker Tubacex are striking in Amurrio and Llodio since February 2021. Read more
2021-06-17 Producer News America
The US stainless steel and nickel alloy bar producer Universal Stainless announced today a 3-10% Base Price Increase for Bars. Read more
2021-06-17 Market News Global
New import/export data for stainless steel long products will be available soon in SMR’s stainless club. Countries Europe: data until February 2021, for other countries data up to April are available. Read more
2021-06-16 Market News America
Cargo Freight Rates to US continue to increase. Shipping companies expect that container transport capacities will remain a bottleneck in 2022. Read more
2021-06-16 Market News Global
Hopes for a stop of EU steel safeguards and section 232 measures did not materialize at the EU/US Summit in Brussels. Read more
2021-06-16 Producer News Asia
Walsin Lihwa Corporation revenues improved by 22% yoy in January-May 2021 (May 2020 was extremely weak due to negative impact of pandemic). Read more
2021-06-16 Market News America
MSCI (Metals Service Center Institute) has sent a letter to Washington lawmakers to support the use of steel for infrastructure investments. Read more
2021-06-16 End User News Europe
German Association VDMA has increased its forecast for German production in Mechanical Engineering from 7% to 10% for this year. Read more
2021-06-16 End User News Europe
Volkswagen will bring another EUR 500 million into the Financing of Battery Producer Northvolt. Read more
2021-06-16 Market News Europe
German automotive component maker Mahle has started a 3D printing center in Stuttgart in order to strengthen Mahle’s role as a leading partner for the automotive industry. Read more
2021-06-15 Price News Europe
SMR has completed its stainless price census for May. Distributor sales prices rose: double digit increase in Europe and North America (May). Further increases are expected by panel. Read more