SMR awarded Yuri Atanasov, CEO of Centravis, the title of “Stainless Steel Executive of the Year 2026” at its International Stainless & Special Steel Conference in Offenbach. Read more
Centravis CEO Yuri Atanasov urged European institutions to revise steel import quotas, arguing that using wartime trade volumes unfairly restricts Ukraine’s access to its main market. Read more
Malaysia’s Bahru Stainless expects to bring its solar power system into operation by the end of October, reducing electricity costs and strengthening its competitiveness. Read more
Water shortages linked to El Niño are now curtailing nickel pig iron production at Indonesia’s Morowali Industrial Park, following warnings of disruption earlier this month. Read more
Indonesia’s Tsingshan raised stainless flats prices again as drought-related disruptions strengthened supply concerns, although high inventories may limit immediate market acceptance. Read more
South Korea’s auto production fell sharply in August as fewer working days and strikes at some automakers disrupted output, while exports and domestic sales also weakened. Read more
The European Commission has formally challenged MMG’s planned acquisition of Anglo American’s Brazilian nickel business. EC believes it could restrict ferronickel supply to Europe. Read more
Italian stainless distribution remained weak during summer, with lower volumes and squeezed margins as mills held stronger pricing power and end-user demand stayed soft. Read more
EUROMETAL and EUROFER support Parliament’s wider downstream CBAM scope, but say more is needed to prevent carbon leakage from shifting into finished goods. Read more
2026-09-20Market News, Price News, Raw Material NewsIndia
India’s stainless scrap market softened over the past two weeks as mills tested NPI and billets, while tight availability kept supplier offers firm. Read more
Nippon Steel has lowered domestic stainless wire rod prices for September-November contracts, reflecting alloy-cost adjustments amid an uneven recovery in downstream demand. Read more
The UK government will take Speciality Steel UK into public ownership at an estimated cost of GBP 350 million, after rejecting a private-sector bid from Norway’s Blastr Green Steel. Read more
China’s stainless steel-related industries remained weak in August, with the stainless-weighted indicator down for a fourth month despite improvement in several end-use sectors. Read more
Mexico is pushing to lower the 50% Section 232 tariff on its steel through an interim trade deal with the US, which both sides hope to reach before the November 3 midterms. 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.
