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Stainless Steel News Today

Latest Market News Of Stainless Steel

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South China PO and downstream capacity to grow further in 2026-2028

South China PO and downstream capacity to grow further in 2026-2028

South China, China's third-largest PO producer, currently has 1.06 million t/y capacity. An additional 1.60 million t/y PO capacity is projected for 2026-2028, with downstream expansion following.
India slaps up to 12% safeguard duty on steel imports, move aimed at China

India slaps up to 12% safeguard duty on steel imports, move aimed at China

India imposed a three-year safeguard duty on steel imports, ranging from 11% to 12%, to curb cheap shipments from China, Vietnam, and Nepal, protecting its domestic industry.
JSW Steel, Tata Steel, Jindal Steel shares surge up to 4% on safeguard duty announcement

JSW Steel, Tata Steel, Jindal Steel shares surge up to 4% on safeguard duty announcement

Steel shares surged up to 4% as India imposed a 3-year safeguard duty on imports, starting April 21, 2025, at 12%, then 11.5%, and 11%. This aims to boost domestic steel competitiveness and demand by 8-10%.
Global Steel Production Slides in Nov’25 as China Curbs Output; Gradual Recovery Eyed in 2026

Global Steel Production Slides in Nov’25 as China Curbs Output; Gradual Recovery Eyed in 2026

Global steel output fell 5% in Nov 2025, driven by China's 11% cut to 69.9M tons. India, Türkiye, Iran increased production. A modest 1.3% global recovery is projected for 2026, indicating a slow rebound.
China's PVC exports eye hike of 47% in Jan-Nov

China's PVC exports eye hike of 47% in Jan-Nov

China's PVC exports hit a historic high of 3.51 million tonnes in Jan-Nov, marking a 47% year-on-year hike. This surge is driven by strong emerging market demand, favorable policies, and capacity expansion.
Iron ore rallies as China pledges more proactive fiscal policies in 2026

Iron ore rallies as China pledges more proactive fiscal policies in 2026

Iron ore futures rallied as China's pledge of more proactive fiscal policies in 2026 boosted sentiment and demand hopes for the key steel-making ingredient, signaling potential growth in the sector.
Import curbs on low ash met coke push up steel prices in India: GTRI

Import curbs on low ash met coke push up steel prices in India: GTRI

Import curbs on Low Ash Met Coke, 35-40% of steel costs, are raising Indian steel prices by 3-5%. QRs limit imports to 1.4 million tonnes/half-year, with duties up to $120/tonne. GTRI urges lifting quotas and recalculating duties.
Global iron ore prices poised to drop a tad in 2026

Global iron ore prices poised to drop a tad in 2026

Global iron ore prices are forecast to decline modestly to $85/tonne in 2026 due to weak demand and higher production. India's output is projected to reach 290 mt this year, growing to 375 mt by 2034.
India Imposes Anti-Dumping Duty On Chinese Steel And Refrigerant Gas Imports

India Imposes Anti-Dumping Duty On Chinese Steel And Refrigerant Gas Imports

India imposed anti-dumping duties on Chinese steel ($223.82-$415/tonne) and refrigerant gas (up to $5,251/tonne) for five years. This move aims to protect domestic industries from cheap imports.
Dalian iron ore ends higher on China property sector hopes

Dalian iron ore ends higher on China property sector hopes

Dalian iron ore futures finished higher on Wednesday, buoyed by China's property sector stabilization plans. This positive sentiment outweighed pressure from a decline in global crude steel output, leading to a session of directionless trading.

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