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Stainless Steel News Today

Latest Market News Of Stainless Steel

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India’s 26% green steel mandate can unlock 16 MTPA demand by 2030: CII

India’s 26% green steel mandate can unlock 16 MTPA demand by 2030: CII

India's 26% green steel mandate could unlock 16 MTPA demand by 2030, avoiding 20.9 million tonnes of CO2 emissions. With minimal project cost impact (0.2-1.2%), 93% of producers are ready, needing clear mandates and fiscal support.
Middle East Turmoil Triggers Slight Rise in Iron Ore Prices Market Cautiously Observes

Middle East Turmoil Triggers Slight Rise in Iron Ore Prices Market Cautiously Observes

Dalian iron ore futures (I2605) closed at 754.5 yuan/mt, up 0.87%. Spot prices rose 4-8 yuan/mt. Middle East turmoil triggered a slight rise, but market activity remained mediocre with limited steel mill inquiries.
Tata Bets Big on Green Steel and Hydrogen Future

Tata Bets Big on Green Steel and Hydrogen Future

Tata Steel invests ₹11,000 crore in Jharkhand for green steel technology, while Tata Motors plans hydrogen trucks in Jamshedpur. These moves signal a major push towards sustainability and decarbonization in steel and automotive sectors.
Asia Pipe Fittings Market 2026 Analysis and Forecast to 2035

Asia Pipe Fittings Market 2026 Analysis and Forecast to 2035

Asia's iron and steel tube fittings market is projected to reach 4.6 million tons and $29.4 billion by 2035. The analysis covers consumption, production, trade, and forecasts for the region.
Iron ore dips, pressured by steel output curbs in Tangshan, high stocks

Iron ore dips, pressured by steel output curbs in Tangshan, high stocks

Iron ore prices dipped due to steel output curbs in China's Tangshan, which activated a level-two emergency response. Singapore Exchange April iron ore eased 0.16% to $98.2/ton. High portside stocks of 162.17 million tons also contributed.
MIDC Moves To Secure 3000 Hectares For Steel Mega‑Project

MIDC Moves To Secure 3000 Hectares For Steel Mega‑Project

MIDC initiates land acquisition for JSW Group's ₹1 lakh crore, 25 million tonne steel mega-project in Gadchiroli. Securing 3,000 hectares across 14 villages, this aims to transform eastern Maharashtra's industrial landscape and create jobs.
India: BigMint's coking coal index falls $10/t w-o-w in recent trade, bearish market sentiments

India: BigMint's coking coal index falls $10/t w-o-w in recent trade, bearish market sentiments

BigMint's coking coal index fell $10/t w-o-w to $250/t CNF Paradip on Feb 27, 2026, due to bearish sentiments. Australian PHCC also dropped $6/t. Indian met coke and rebar prices saw marginal increases.
Carbon capture risks leading Indian steel down a technological dead end

Carbon capture risks leading Indian steel down a technological dead end

India's ₹20,000 crore ($2.2 billion) CCUS investment for steel risks high emissions and met coal dependence. CCUS has a poor track record (Al Reyadah captures 25%); green hydrogen and scrap recycling offer better decarbonization.
Iron ore prices edged up slightly, while expectations for environmental protection-driven production restrictions strengthened

Iron ore prices edged up slightly, while expectations for environmental protection-driven production restrictions strengthened

Iron ore futures rose 0.27% to 750.5 yuan/mt, and spot prices increased 2-3 yuan/mt. Expectations for environmental production restrictions strengthened, leading to moderate trading activity.
CISA mills’ daily crude steel output up 4.3% in mid-Feb, stocks also up

CISA mills’ daily crude steel output up 4.3% in mid-Feb, stocks also up

China's large and medium steel mills saw daily crude steel output rise 4.3% to 2.029 million mt in mid-February. Finished steel inventories also surged 19.9% to 18.12 million mt by February 20.

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