Swiss firms Hans Kohler and Suter Inox are partnering to adopt green stainless steel, aiming to offer a more eco-friendly alternative in the kitchen sector. Read more
Paralloy Group has received a seven figure loan from the Teesside Flexible Investment Fund which is managed by FW Capital with investment from the Teesside Pension Fund. Read more
Benteler has placed an order with SMS group to upgrade its seamless tube mill in Paderborn-Schloss Neuhaus, Germany, with the advanced CARTA®neo SRM Technology System. Read more
Breitenfeld Edelstahl implements energy-efficient processes and innovative projects like OxySteel, advancing sustainability in the with reduced emissions and improved resource management. Read more
Electrolux announced a new ambitious recycled materials target, which aims to increase the share of recycled steel and plastic by weight used in the products manufactured to 35% by 2030. Read more
thyssenkrupp Materials Services is expanding its portfolio of metal and plastics service centers in North America with a new plant in Santa Teresa, New Mexico. Read more
Tubacex has approved the appointment of Josu Imaz as its new CEO, replacing Jesus Esmoris, who has submitted his resignation to take on new personal business challenges. Read more
The European Commission (EC) released its final safeguard adjustments on March 25, confirming earlier updates communicated to the World Trade Organization (WTO). Read more
Import prices for stainless scrap have slightly increased over the last weeks in India, but due to rising quotes in the nickel market. Demand for raw materials and finished products remained subdued. Read more
Jiuli Special Materials, a major Chinese manufacturer of industrial stainless steel pipes, announced its 2024 financial results, showing moderate progress across various business areas. Read more
Yongjin Corporation, a prominent and rapidly expanding Chinese producer of stainless cold-rolled flat products, has announced plans for a significant investment in Türkiye. Read more
The EU Steel and Metals Action Plan, released on March 19, has sparked mixed reactions across the industry, with a particular focus on the proposed scrap tax. Read more
South Korea is ramping up efforts to prevent anti-dumping circumvention in the steel sector, which could have significant repercussions for Asian stainless cold-rolled coil exporters. Read more
South Korea's automobile industry witnessed remarkable growth in February 2025, setting multiple records and showcasing a dynamic upward trend. Read more
Swiss Steel Group experienced another volume and sales decline in 2024 amid weak demand across key consuming sectors. The company continues restructuring to stabilise the financial situation. Read more
Over the past two weeks, stainless steel inventories in China have significantly declined, primarily due to reduced supply from major mills and increased buying confidence spurred by rising prices. Read more
Local and export prices for stainless long products in India edged upward in March. However, the increase was primarily driven by higher raw material costs, while demand remained sluggish. Read more
This website uses cookies, which are necessary for the technical operation of the website and are always set. Other cookies to personalize content and ads and to analyze access to our website are only set with your consent.
