News

  • China Group Plans To Cut In Beijing While Improving Production Capacity
    China’s biggest steelmaker created two large struggling state owned steel plants It is reported that China’s biggest steelmaker, which was created a year ago by merging two large struggling state owned steel plants, is trying to boost its total annual output capacity from the current 60 million tonnes to 100 million tonnes. According to its general manager, the ambitious plan Continue…
  • Indian Stainless Steel Manufacturers Offer Customers Higher Duty
    Indian domestic stainless steel industry seeks stronger support from the government Business Standard reported that Indian domestic stainless steel industry seeks stronger support from the government as it hopes for an upward revision of basic customs duty for stainless steel, bringing it at par with duty on primary steel products, which currently attracts a 12.5% levy. Mr NC Mathur, independent Continue…
  • Japan’s Stainless Steel Scrap Exports Increased In July
    Japanese stainless steel scrap exports report in July It is reported Japan’s stainless steel scrap exports totaled 13,630 tons for July, rose by 14.7% compared with last month. Among them, exports to South Korea totaled 6,028 tons, declining by 10.8% m-o-m; that export to China reached 2,633 tons, rose strongly by 231.2% m-o-m; and that export to Taiwan totaled 2,140 Continue…
  • Taiwan’s Stainless Steel Piece Will Hit A New High On Sep
    Taiwan’s stainless steel manufacturers will announce new prices for September It is reported that Taiwan’s stainless steel manufacturers will announce new prices for September this week. The prices are expected to increase further, due to the rising cost of material and equipment. LME nickel price has tried to reach at US$11,800/ton yesterday, but fail to do so. However, the price Continue…
  • India Made A Final Cut On Imported Cold Rolled Flat Products of Stainless Steel
    India on China-made stainless steel cold-rolled flat to make sure that the final cut Recently, the Indian Ministry of Commerce and Industry Anti-dumping Bureau issued a notice that decided to ruled Cold Rolled Flat Products of Stainless Steel from China,EU, South Africa the United States and so on related to the relevant regulations. The reason is to determine the existence Continue…
  • Global Stainless Steel Production Is Expected To Reach 48.5 Million Tons
    2017 global stainless steel production capacity compared to 2016 has increased According to the International Stainless Steel Forum (ISSF) released the latest statistics show that the first quarter of this year, global stainless steel production reached 11.76 million tons, an increase of 14.5%, compared with 10.27 million tons last year, up 3.5%. Global stainless steel production is expected to reach Continue…