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Stainless Steel News Today

Latest Market News Of Stainless Steel

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Iron ore prices are expected to remain volatile in the short term – Shanghai Metals Market

Iron ore prices are expected to remain volatile in the short term – Shanghai Metals Market

Iron ore futures closed at 762.5 yuan/mt, down 0.07%. Spot prices rose by 4 yuan/mt. Market activity was moderate, with cautious steel mill inquiries, suggesting continued short-term volatility.
PM Modi highlights how carbon capture can power India’s next steel revolution

PM Modi highlights how carbon capture can power India’s next steel revolution

PM Modi highlighted carbon capture for India's steel revolution, targeting 300 MT crude steel by FY 2030-31 and Net Zero by 2070. With steel contributing 10-12% of GHG, Rs 20,000 crore is allocated for CCUS in five sectors, including steel.
Indian Railways trials stainless steel containers for bulk salt transport

Indian Railways trials stainless steel containers for bulk salt transport

Indian Railways successfully trialed stainless steel containers for bulk salt transport in Ahmedabad division. This aims to cut corrosion, reduce maintenance, and improve freight turnaround efficiency, setting a new benchmark in freight handling.
Iron Ore Stabilizes on Policy Support Hopes

Iron Ore Stabilizes on Policy Support Hopes

Iron ore futures steadied above CNY 760 per ton after recent lows, supported by China's central bank pledging financial backing to boost domestic demand. This policy support offers hope for market stability.
Sikkim journalists visit Bhilai Steel Plant on PIB media tour

Sikkim journalists visit Bhilai Steel Plant on PIB media tour

Sikkim journalists visited Bhilai Steel Plant, which supplies 260-meter-long railway rails for Northeast projects like Sivok-Rangpo. BSP also features a 15-megawatt floating solar plant and aims to be a green steel hub.
The market has entered a semi-holiday mode, with iron ore prices continuing to be in the doldrums

The market has entered a semi-holiday mode, with iron ore prices continuing to be in the doldrums

Iron ore futures weakened, with contract I2605 settling at 761.5 yuan/mt, down 0.46%. Spot prices fell 1-3 yuan/mt. The market entered a semi-holiday mode, showing sluggish trading and limited steel mill inquiries.
55 companies commit over Rs 11,000 cr investment under latest PLI 1.2 Scheme for Speciality Steel

55 companies commit over Rs 11,000 cr investment under latest PLI 1.2 Scheme for Speciality Steel

Under PLI 1.2, 55 companies committed Rs 11,887 crore investment for speciality steel, aiming to add 8.7 MT capacity by FY2031. This third round, launched by Union Steel Minister HD Kumaraswamy, boosts India's high-end steel capabilities.
India: Sarda Energy's pellet production rise 15% q-o-q in Q3FY'26

India: Sarda Energy's pellet production rise 15% q-o-q in Q3FY'26

Sarda Energy's Q3FY'26 pellet production rose 15% q-o-q to 225,000 t, and 9% y-o-y. Sales remained stable at 115,000 t.
Gadchiroli emerging steel industry hub, Coal India eyes region as syngas cluster

Gadchiroli emerging steel industry hub, Coal India eyes region as syngas cluster

CIL plans to make Gadchiroli a syngas consumption hub for green steel, issuing tenders this month for extraction and offtake. The initiative, expected to take four years, aims to supply cleaner fuel to the emerging steel industry.
Asia-Pacific Steel Gas Pipes Market 2026 Analysis and Forecast to 2035

Asia-Pacific Steel Gas Pipes Market 2026 Analysis and Forecast to 2035

Asia-Pacific steel gas pipes market analyzed for 2026, forecast to 2035, driven by infrastructure and energy transition. Report offers insights on demand, supply, and competitive landscape, priced from $350/month.

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