The U.S. will impose a 25% tariff on all imported heavy-duty trucks starting October 1, 2025, according to an announcement by Donald Trump at Truth Social. Read more
Fujian Hongwang Industrial Co. has completed construction of its stainless steel expansion project, designed to boost annual output by 250 ktpy of cold-rolled bright stainless steel sheets. Read more
Taiwanese stainless steel producer Yieh United Steel Corporation (YUSCO) has announced another monthly price increase aimed at stimulating domestic demand. Read more
Chinese stainless steel distributors in Foshan and Wuxi were compelled to increase stock levels over the past two weeks, despite persistently high prices in the domestic market. Read more
Austria-based Breitenfeld Edelstahl claimed to have made its largest investments in recent years with the construction of a new production hall and the installation of a forging press and furnaces. Read more
Outokumpu has published a white paper examining how tariffs and geopolitical tensions are reshaping procurement strategies and impacting real stainless steel demand. Read more
Outokumpu is urging the European Commission (EC) to replace the current steel safeguards with stricter tariff-rate quotas that cap imports by true country of origin. Read more
Vietnamese authorities have levied a substantial tax penalty on POSCO VST, a subsidiary of South Korean POSCO Group, for allegedly misdeclaring the domestic sale of duty-free imported stainless steel. Read more
Nippon Steel has announced a broad-based price increase for its stainless wire rods, citing alloy costs increase, currency pressures, and upstream supply chain adjustments. Read more
2025-09-25Market News, Price News, Raw Material NewsIndia
Import stainless scrap prices remained stable across India throughout September, despite subdued demand from stainless steel mills. Foundries, however, increased their purchasing activity. Read more
South Korea’s leading stainless steel producer POSCO and the world’s largest manufacturer Tsingshan Holdings are set to establish a joint venture plant in Indonesia. Read more
South Korea’s automobile sector saw robust growth across production, exports, and domestic sales in August, marking the second consecutive month of year-on-year gains. Read more
Zhangjiagang-based stainless steel producer PZSS has reached full production capacity following its acquisition by Tsingshan Holdings in July. Read more
August 2025 prices from SMR's monthly price census are available in the Stainless Club for both flat and long products. The latest prices are presented in a compact table. Read more
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