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Stainless Steel News Today

Latest Market News Of Stainless Steel

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Ship Recycling in India and the New Green Recycling – Explained

Ship Recycling in India and the New Green Recycling – Explained

India launched a credit note scheme for green ship recycling, offering 40% of scrap value redeemable for 5% of new Indian-built ships. This boosts domestic shipbuilding, circular economy, and HKC-compliant recycling.
Stolt-Nielsen sends stainless steel-laden tanker to India for recycling

Stolt-Nielsen sends stainless steel-laden tanker to India for recycling

Stolt-Nielsen sent its 2007-delivered Stolt Innovation stainless steel chemical tanker to India for recycling, marking the second such vessel recently. April deals for similar tankers saw highest prices paid for tonnage in 2026.
KD Group Advances Capacity Expansion And Merger

KD Group Advances Capacity Expansion And Merger

KD Group's KD Iron & Steel and KD Green Industries are merging, expanding furnace capacity to 180,000t and rolling to 200,000t. A Rs 3.25bn outlay includes a 25MW solar plant, supported by Rs 6bn government incentives.
Green steel production could prove cheaper for India

Green steel production could prove cheaper for India

India's green steel could be 4% cheaper than conventional by 2030, saving nearly $1 trillion in coal imports. Green hydrogen costs $3/kg by 2030, making green steel below $500/t by 2035, leveraging India's low-cost clean power.
Geopolitical Conflict is Redefining Feedstock Competition-in-the Global Chemical Industry

Geopolitical Conflict is Redefining Feedstock Competition-in-the Global Chemical Industry

Geopolitical conflict is redefining global chemical industry feedstock competition. Resilience to volatility and supply-chain disruptions, rather than just cost, now determines competitiveness. Feedstock security is a strategic priority, notably during China's 15th Five-Year Plan.
Steel Holds Decline Despite Strong China Exports

Steel Holds Decline Despite Strong China Exports

Steel rebar futures remain near six-week lows below CNY 3,140/ton. This decline persists despite China's steel exports rising 8.8% in May, driven by weak domestic demand and better overseas margins.
One year later, Trump’s 50% tariffs leave EU steel exports to the U.S. down by one-third

One year later, Trump’s 50% tariffs leave EU steel exports to the U.S. down by one-third

One year after Trump's 50% tariffs, EU steel exports to the U.S. plummeted by 34%, from 2.93 million tonnes to 1.94 million tonnes, over three quarters.
JSW Steel crude output rises 15% to 22.93 lakh tonnes in May

JSW Steel crude output rises 15% to 22.93 lakh tonnes in May

JSW Steel's crude steel output rose 15% to 22.93 lakh tonnes in May 2026, driven by full-scale operations at Dolvi and JVML. Indian operations saw a 15% rise, while USA output increased 20%.
SAIL to prioritise value-added, special steel production, cost optimisation in 2026-27

SAIL to prioritise value-added, special steel production, cost optimisation in 2026-27

SAIL will prioritize value-added/special steel production, cost optimization, and customer engagement for FY27. FY26 saw 11.75% EBITDA growth, 50% PAT surge, and ₹8,148 crore debt reduction, reinforcing market position and profitability.
Indonesian anti-dumping verdict threatens China's PP exports

Indonesian anti-dumping verdict threatens China's PP exports

Indonesia recommended five-year anti-dumping duties on PP homopolymer imports from China, Saudi Arabia, and others, effective June 2, 2026. This threatens China's PP exports and causes market restructuring challenges.

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