Stainless Steel Market Trends
Published on July 10, 2024, at 04:03 by Mysteel Stainless Steel Network
Market Overview
The stainless steel market has experienced a period of stagnation, with prices for grade 304 showing a decline. This has raised concerns among industry stakeholders about th...
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Meeting the Demand for Stain...
📈 Stainless Steel Fittings Market Demand Growth in 2024
The market demand for stainless steel fittings has shown an upward trend post-pandemic, benefiting from economic recovery, infrastructure construction, and the development of the new energy sector. The industry faces opportunities for tr...
🏭 Successful Production of 1.8mm J5 Stainless Steel Coil by Liugang Zhongjin 🏭
On July 4th, exciting news came from the hot rolling factory of Zhongjin Company, successfully mass-producing the extreme specification J5 stainless steel coil with a thickness of 1.8x620mm. In the afternoon of the same...
Stainless Steel Mill Closure and the "Cost" of Credit
Recent Highlights:
On Monday, the new 304 plate price increased by 100, is this a sign of good things to come?
Rumors of "nickel reserves" again, is the stainless steel show just beginning?
Market Commentary from Foshan, July 9, 2024: Ev...
🔍 Luxury Material Revisited: The Prestigious Stainless Steel
📅 Date: July 9, 2024
📍 Location: Foshan Market
As the market is grappling with the high price of 316L hot-rolled steel at 24,400, during the latest inventory check, we have once again discovered a batch of new resources of "Aperam 316L"....
ISI Marking Requirement for Stainless Steel Products in India Amidst Suspected Fake BIS Declarations
Emerging Markets: Asia Continues to Drive International Growth
Since the beginning of this year, the MSCI Emerging Markets Index has reached a performance of 12%. The driving force behind the...
US Cold-Rolled Stainless Steel Imports Surge Despite Shipping Costs
According to the US Metal Miner on July 8, 2024, the overall Stainless Steel Monthly Metal Index (MMI) has reversed its downward trend, falling by 10.88% from June to July.
Nickel prices suffered significant losses in June,...
📈 Ningde Stainless Steel Industry's Output Value Reaches 95.9 Billion in January-May 2024 📈
The stainless steel new material industry in Ningde City is led by Qingtuo Group's Dingxin Industrial, Qingtuo Nickel Industry, and Qingtuo Industrial, with industry chain extensions including Hongwang...
🔨 38,000 Tons! Shandong Stainless Steel Piercing Project Starts Production 🔧
On the morning of July 1st, the first production line of the Yao Yu Austenitic Stainless Steel Piercing Project officially began its trial production run. The entire project has an investment of approximately 100 mil...
Loudi City Government Holds Talks with India's Jindal Stainless Limited
According to Loudi News Network on July 4, 2024, the Loudi City Government and India's Jindal Stainless Limited held talks. Loudi Deputy Secretary of the Municipal Party Committee and Mayor Zeng Chaoqun, Chairman of Jind...
304 Stainless Steel Billet Prices Surge with Steel Mill Price Increase; Scrap Price Gap Widens to 150 Yuan/Ton
July 4th, Foshan Market News: Yesterday, nickel prices on the London Metal Exchange rose by $365 to $17,440 per ton, with 203,229 lots held and 6,246 lots traded, with a stock of 95,...
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