Stainless Steel News Today

China's metallocene polyethylene (mPE) output rose 10.98% MoM in October 2025. However, it is projected to drop significantly by 21.76% MoM in November, according to OilChem data.

China's phenol import dependency is projected to fall to 1%-3% over 2026-2030. Despite a short-term 6.37% import increase to 187,000 tonnes in early 2025, the long-term trend points to reduced reliance.

Iron ore futures fluctuated due to softening near-term demand in China and increasing supply prospects, balanced by hopes of steelmakers' restocking. Market players weighed these factors.

India imposed anti-dumping duty of USD 121.55/MT on hot rolled steel imports from Vietnam for 5 years, effective Nov 12, 2025. This protects the domestic industry from unfairly priced products, excluding Hoa Phat Dung Quat Steel JSC.

Iron ore futures gained on Wednesday, fueled by hopes of fresh stimulus from top consumer China. This optimism overshadowed concerns regarding a gloomy market outlook due to growing supply and diminishing demand.

China's Ethylene-vinyl acetate copolymer (EVA) imports are projected to fall 21% year-on-year to 720,000 tonnes, driven by significant domestic capacity expansion and increased self-sufficiency.

Stainless steel prices remained largely stable across markets, with the 200 series outperforming due to limited imports. The 300 series witnessed mild weakness, while the 400 series gained strength on firm domestic demand. Jindal Stainless’ recent price cut and global import decline have added mixed cues to near-term sentiment.

China's Methanol market indicators for November W1, 2025, show updates on inventory, price, and production of Methanol and its derivatives. Weekly insights are available, with further data provided through monthly reports and a data charting tool.

China's bisphenol A (BPA) output for Jan-Oct 2025 reached 3.95 million tonnes, a 10% year-on-year increase. Current capacity stands at 63.51 million tonnes/year, driven by expansion.

China's PE output is projected to reach a five-year high of 2.959 million tonnes in November, up 26.47% year-on-year and 2.61% month-on-month, driven by capacity expansion and reduced maintenance.