Japanese leading stainless steel producer Nippon Steel Stainless Steel Corporation (NSSC) claimed another price decrease for cold-rolled coils and sheets. Read more
China’s automotive industry started the year with sharp production and sales cuts in January. However, the numbers still showed a rise in annual comparison. Read more
The year 2025 began for Taiwanese stainless steel exporters with a sharp decline in shipments despite increases in some European destinations caused by new quota openings. Read more
Indian stainless scrap prices resumed falling in February, following a decline in the finished steel market due to no sentiment improvements after the Budget announcement. Read more
Yongjin Metal Technology (Yongjin) has recently announced that it will begin construction of its precision stainless steel sheet and strip project in Thailand in July 2025. Read more
In February, Indian prices for stainless long products fell faster than last month, as trading activity did not rise after the Budget announcement. Trump’s tariffs added to the concerns. Read more
Turkish stainless steel imports significantly increased in December 2024 compared to the previous month. Meanwhile, annual import performance also showed a substantial rise. Read more
Taiwanese stainless steel export prices remained low in February, with a slight uptick due to higher production costs. Export demand is sluggish, while most suppliers have big stocks. Read more
Historically low stainless steel demand, combined with increased import pressure and lower prices, severely affected Outokumpu's financial performance in Q4 and the full year of 2024. Read more
Olympic Steel has ordered a new cut-to-length line for its facility in Minneapolis, Minnesota, USA, from Andritz. The new line will enhance the company’s production capabilities and efficiency. Read more
Outokumpu has completed a feasibility study for a Small Modular Reactor (SMR) near its Tornio plant and is seeking external investors to advance the project. Read more
College of the Atlantic in the US is implementing stainless steel reusable to-go containers, insulated tumblers, and sporks, and establishing an app-based checkout system for the items. Read more
Outokumpu has appointed Matthieu Jehl as President of business line Stainless Europe and member of the Outokumpu Leadership Team as of May 26, 2025, at the latest. Read more
Indonesian stainless steel exports experienced a slight monthly decline in December. However, overall shipments rose by 13% in 2024 over the year. Read more
Chinese stainless steel makers sharply reduced production in January due to sluggish domestic demand, falling prices, and the Lunar New Year holidays. A slight rebound is expected for February. Read more
ArcelorMittal has confirmed its plan to establish a new advanced non-grain-oriented electrical steel (NGO) manufacturing facility at Calvert, Alabama. Read more
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