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Stainless Steel News Today

Latest Market News Of Stainless Steel

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India’s Power Ministry Honors M.P.K. Steels for Pioneering Energy-Efficient Manufacturing Technology

India’s Power Ministry Honors M.P.K. Steels for Pioneering Energy-Efficient Manufacturing Technology

M.P.K. Steels (founded 2006) is honored by India's Power Ministry for pioneering energy-efficient manufacturing. The award ceremony is scheduled for 15 November 2025 in Jaipur, recognizing its leadership in sustainable steel production.
India: BigMint's coking coal index inches up w-o-w on global cues

India: BigMint's coking coal index inches up w-o-w on global cues

India's coking coal index rose $6/t to $219/t CNF Paradip. Domestic met coke saw mixed trends, with eastern prices up INR 300/t to INR 31,800/t. BF rebar dropped INR 700/t to INR 46,600/t, while HRC prices varied.
Ministry of Steel suspends enforcement of quality control order on multiple steel standards

Ministry of Steel suspends enforcement of quality control order on multiple steel standards

Ministry of Steel suspended quality control enforcement for 42 steel standards for three years and 13 speciality steel standards for one year, following HLC-NFRR recommendations to support industries and self-reliance.
Iron ore extends fall on softer China demand, set for second weekly gain

Iron ore extends fall on softer China demand, set for second weekly gain

Iron ore futures declined for a second straight session on Friday. The fall was attributed to softer demand and shrinking steel margins in top consumer China, impacting global prices.
Steel sector needs more investment in RandD, use of AI for overall growth: Kumaraswamy

Steel sector needs more investment in RandD, use of AI for overall growth: Kumaraswamy

Union Minister H D Kumaraswamy urged increased R&D investment and AI adoption for India's steel sector growth at a 'Chintan Shivir'. Stakeholders discussed technology, operational excellence, and infrastructure to boost competitiveness.
Steel Ministry extends QCO exemptions for select imports to March 2026

Steel Ministry extends QCO exemptions for select imports to March 2026

Steel Ministry extends QCO exemptions for specific Chapter 73 steel and stainless steel flat products to March 31, 2026, ensuring market availability as domestic production scales up.
China expands BHP iron ore ban to new product as talks drag, sources say

China expands BHP iron ore ban to new product as talks drag, sources say

China's state-owned buyer expanded its ban on BHP iron ore to a new product, adding to an existing ban. This escalates tensions amid ongoing contract negotiations with steel mills and traders.
Core Industries Growth Flat; Coal, Electricity Decline

Core Industries Growth Flat; Coal, Electricity Decline

India's core industries saw flat growth in October, with coal down 8.5% and electricity down 7.6%. Petroleum, fertilizer, steel, and cement output increased. Cumulative growth for April-October reached 2.5%.
Total PC output records five-year high in Jan-Oct

Total PC output records five-year high in Jan-Oct

China's polycarbonate (PC) output reached a five-year high of approximately 2.85 million tonnes in Jan-Oct. This surge was driven by new unit startups and high capacity utilization rates, fueled by improved profits.
North China PP output hit a record high in Oct

North China PP output hit a record high in Oct

North China's polypropylene (PP) output reached a historical high of 862,000 tonnes in October 2025, continuing to set new records.

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