A trilogue compromise text clarifies some elements of the EU’s new steel trade measure ahead of its launch, while leaving some aspects, including country quotas, still unresolved. Read more
Chandan Steel Ltd. is undertaking a phased expansion of its melting capacity as part of its ongoing growth strategy to strengthen backward integration and enhance operational efficiencies. Read more
South Korea’s stainless exports rose in March on stronger cold-rolled shipments, while EU-bound volumes increased further as hot-rolled shipments to Italy jumped. Read more
JISCO Hongxing, one of China’s top-5 ferritic steel producers, stayed in the red in 2025, but losses narrowed as stainless output rose slightly and sales slipped. Read more
Jindal Stainless has launched stainless steel rebars in Punjab’s retail segment, marking its entry into a wider construction-focused distribution channel in India. Read more
CoreX Holding has completed the acquisition of the Carajás copper assets in Brazil from BHP Group for a total consideration of USD 465 million. Read more
VDM Metals, part of Acerinox Group, has completed the first heat in a new vacuum arc remelting (VAR) furnace at its Unna plant in Germany, marking progress in bringing new remelting capacity online. Read more
CoreX detailed production, capacity and development targets across its chrome and nickel portfolio in 2025, its first full year following the separation from YILDIRIM Group. Read more
Italian technology supplier Condoroil Stainless has booked its 50th electrolytic pickling tunnel, marking a wider adoption of in-line surface treatment solutions. Read more
Cleveland-Cliffs CEO Lourenco Goncalves has said an improving U.S. steel market means the company is in less of a rush to finalise a strategic partnership with South Korean steelmaker POSCO. Read more
U.S. Commerce Secretary Howard Lutnick has criticised Canada's trade strategy and called for a fundamental renegotiation of the United States-Mexico-Canada Agreement. Read more
Russia’s stainless steel output fell sharply in January-February, while tighter availability and rising prices pointed to deeper structural stress in the domestic market, Spetsstal said. Read more
India’s auto production hiked in March, while January-March sales reached record quarterly highs across all major vehicle segments, supported by stronger affordability and policy-driven demand. Read more
China’s auto output and sales rebounded sharply in March from February, while exports jumped 72.7% over the year and domestic demand remained under pressure. Read more
Marcegaglia’s Fos-sur-Mer project continues to advance, with the new plant set to produce up to 3 million tonnes of stainless and carbon steel hot-rolled coils annually once completed. Read more
The US-Israel war against Iran is driving energy supply risks and weighing on the stainless steel sector sentiment, speakers said at SMR’s Tube & Pipe event in Düsseldorf. Read more
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