The major South Korean stainless cold-rolling mill Hyundai BNG Steel improved its first-quarter earnings sharply as higher selling prices lifted margins despite still-cautious demand. Read more
2026-05-01Market News, Price News, Raw Material NewsIndia
Indian stainless scrap prices rose sharply by early May, supported by tightening supply and a strong rally in global nickel prices, although import activity remained constrained. Read more
Carpenter Technology delivered another record quarter in fiscal Q3/2026 (calendar Q1/2026), with operating income up 20% on the previous quarter and demand growing across its most important markets. Read more
Taiwan’s Yieh United Steel Corp. (YUSCO) raised May stainless prices again, with higher Indonesian hot-rolled coil costs seen as the main driver behind the latest increase. Read more
Stainless Club has released updated data on production, imports, exports, apparent consumption, and real demand for both flat and long products. The data includes end-use by segment and grade. Read more
India has temporarily eased Quality Control Order (QCO) compliance for selected stainless flat imports, extending relief to finished flat products and slab feedstock. Read more
Production across China’s stainless steel-related industries improved markedly in March, with stronger growth seen across most end-use sectors as seasonal demand recovered. Read more
Carpenter Technology has confirmed that key equipment deliveries have begun at its brownfield capacity expansion project in Athens, Alabama, which remains on budget and on schedule. Read more
SMR Industry Dashboard displays various indicators for raw material and stainless steel product prices and demand, while the End Use Dashboard presents market developments in major segments. Read more
Merafe’s attributable ferrochrome production fell sharply in Q1 2026, as suspended smelting capacity continued to weigh on output despite initial progress in restarting the Lion smelter. Read more
More than 11.2 million import entries have been submitted to the U.S. government's new IEEPA tariff refund system in its first week of operation. Read more
Aperam reported its strongest first-quarter results in three years, supported by higher seasonal volumes in Europe, improved pricing and valuation effects, while underlying demand remained weak. Read more
Padana Tubi, an Italian welded steel tube producer, has finalized the entry of Attestor, an investment fund, as majority shareholder, completing a deal that ends 55 years of family control. Read more
TKMS and Finkl Steel–Sorel have signed a teaming agreement to explore cooperation on the production of specialized stainless steel for Canada’s patrol submarine program. Read more
Canadian and Mexican steel and aluminum producers can now halve their 50% Section 232 tariff to 25% by committing to new primary capacity in the U.S. Read more
In the first quarter of the year, Airbus commercial aircraft deliveries fell by 16% to 114 units, while Boeing’s deliveries rose by 10% to 143 units, putting Boeing in the lead. Read more
TISCO Stainless returned to a small profit in 2025, supported by cost-cutting and operating efficiency gains, while stainless revenue remained under pressure. Read more
South Korea’s vehicle output increased in March, rebounding sharply from February’s holiday-hit level as factories returned to more normal operating schedules. Read more
Reliance reported record first quarter shipments and sharply higher earnings, driven by rising prices across carbon, stainless and aluminum products. Read more
Delayed orders amid growing uncertainty weighed on Tubacex’s Q1 performance. Disruptions at its Abu Dhabi plant in March further reduced activity and impacted revenues. Read more
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