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Market News Today
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Stainless Steel Prices: Rimjhim Unveils Bonanza, Jindal Adjusts Rates
India Diversifying Coking Coal Sources
Nickel Prices Surge Amid Indonesia Pricing Talks
Chinese and Vietnamese Stainless Steel Mills Raise Prices
Jindal Stainless Raises 200 Series Prices Sharply
India's 2024 Stainless Steel Policy: Boosting Production Goals
TruBoard Index: Construction Costs Rise, Innovation Encouraged
Baosteel Aims for 5 Million+ Tons in 2023 Exports
Nickel Industries Courts Tesla, Panasonic for Indonesian Plant Investment
Latest Market News Of Stainless Steel
Market Dailies
Insights
News
OfBusiness SS Scrap Dailies | 29th November 2023
Steel bundled Scrap import prices held steady at $450-453/ton CFR India. SS 304 Scrap is priced at Rs 120/kg. A slight shortage of 316L Scrap is noted, thus, storing of some 316L Scrap is advised due to shortage.
3 hours ago
Stainless Steel
Market Commentry
OfBusiness
8
70
OfBusiness Stainless Steel Dailies | 29th November 2023
Nickel opened 0.96% higher at $16,890/ton. Rimjhim's 304 CR 2B at Rs.197/kg. Jindal's 304 HR N1 at Rs.190/kg. Demand noted in 316L HR and 304 CR & HR. Jindal Stainless raised JT prices; Rimjhim Ispat is yet to adjust.
3 hours ago
Stainless Steel
Market Commentry
OfBusiness
15
229
EU urges US to make steel import quotas less rigid
The EU is urging the US to relax its quotas on imported EU steel, assuming they continue post-year-end, says European Commission Vice President Valdis Dombrovskis.
3 hours ago
Stainless Steel
General News
Hellenic Shipping News
20
163
Anna Voloshenko: Turkey’s import flat steel market mostly dominated by China
Turkey's flat steel market, majorly controlled by China, shows little recovery in October. Limited availability due to maintenance works hampers the recovery of Turkish crude steel output, as per SteelOrbis.
3 hours ago
Stainless Steel
General News
SteelOrbis
9
190
India-based JSPL subsidiary breaks ground for green steel mill in Oman
JSPL's subsidiary, Vulcan Steel, begins construction for a 5 million mt/year green steel mill in Oman's Special Economic Zone, set for completion in 2027. This follows JSPL's 2020 asset sale of its Oman operation to deleverage.
3 hours ago
Stainless Steel
General News
SteelOrbis
11
112
Veysel Yayan: Almost half of all steel consumption in Turkey is met by imports
Dr. Veysel Yayan disclosed that Turkey's steel consumption is significantly met by imports due to contraction in the global steel sector. Turkey's crude steel production also dropped by 8.8% within the first ten months this year.
3 hours ago
Stainless Steel
General News
SteelOrbis
20
207
OfBusiness SS Scrap Dailies | 28th November 2023
Steel bundled Scrap import offers decreased by 0.99% to $450-453/ton CFR India. SS 304 Scrap is priced at Rs 120/kg. A slight shortage of 316L Scrap is noted and it is advised to store 316L Scrap for medium to long-term potential.
1 day ago
Stainless Steel
Market Commentry
OfBusiness
4
22
U.S. Steel Wire Rod Prices Remain Stable in November Amidst Lowering Demand
US steel wire rod prices stayed stable in November due to lower demand from the construction sector. Market participants are concerned about potential US federal interest rate hikes. However, new deals may boost prices in coming weeks.
1 day ago
Stainless Steel
General News
CHEMANALYST
16
74
Value of Mexican metal scrap imports grows 35 percent in September
Mexico's metal scrap imports experienced the second-largest surge in 10 months in September, increasing 35% year-over-year to $111 million. This aligns with Mexico's steel production, which saw an average monthly decrease of 11.5%.
1 day ago
Stainless Steel
General News
SteelOrbis
19
219
Steel raw materials markets moving into Q1 with optimism on demand, pricing increases
Positive outlook for Q1 on steel raw materials market, with anticipated demand growth and price hikes. Market participants in Dubai project optimism following Q4's weaker performance.
1 day ago
Stainless Steel
General News
Hellenic Shipping News
7
249
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