Rumors Tighten the Nerves of a Section of the Stainless Steel Community
Recently, besides the stainless steel market, there has been good news in the market operating environment sector, which has allowed those in the stainless steel industry, who have been troubled by various issues, to fi...
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Stainless Steel Inventory in Foshan Increases After Three Consecutive Decreases
After experiencing a three-week decline, the stainless steel inventory in Foshan has seen an increase, with the 300 series cold rolling up by 2.72%....
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📰 LME Suspends Deliveries of Nickel from Norilsk Nickel's Harjavalta Plant in Finland
According to a Bloomberg report on July 3, 2024, the London Metal Exchange (LME) has suspended the delivery of nickel from the Harjavalta plant owned by MMC Norilsk Nickel PJSC in Finland. Despite...
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Raw Material Prices Surge at the Start of Trading
Contrary to the efforts of some journalists, the prices of raw materials and the share prices of European steel manufacturers seem to be resisting these efforts. The prices of European raw materials, especially base metals such as nickel, cop...
304 Ice and Fire, 201 Chasing Highs and Feeling Lonely, Today's Sheet and Coil Market Rises by 20-50
Market Update: On July 3, 2024, the A-share market continued to fluctuate, with the three major indices closing lower, and individual stocks falling more than they rose.
The stainless steel fu...
Stainless Steel Industry News
Market Dynamics and Innovations
On July 3, 2024, the market witnessed a series of developments in the stainless steel industry, reflecting both market dynamics and technological advancements.
1. Stainless Steel Futures and Current Prices
The stainless steel f...
📈 Rebar Futures Break Through 3600, Steel Prices Likely to Fluctuate and Be Strong in the Short Term
📊 Steel Spot and Futures Price Summary
On July 3rd, the domestic steel market rose, with the Tangshan Qian'an universal slab ex-factory tax-inclusive price increased by 40 to 3350 yuan/ton....
Recent Highlights
July, as fiery as the sun! Is stainless steel also "fearful of light and heat"?
Stainless Steel Afternoon Stirring, Here 201 Rises 50, There 304 to Suspend!
51 Stainless Steel - On July 2, 2024, Foshan market news, in the evening, an old friend remarked: "The afternoon was full...
Why European Companies Canceled Nickel Downstream Investment in Indonesia
According to recent news from Asia Today, the French mining company Eramet has decided to cancel its downstream nickel investment in North Maluku, Indonesia, valued at 2.6 billion US dollars. Why? Eramet stated in its w...
Jindal Stainless Completes Acquisition to Build Stainless Steel Plant in Indonesia
Date: June 28th, 2024
Indian Jindal Stainless Ltd. has successfully completed the acquisition of Sulawesi Nickel Processing Industries Holdings Pte, a Singapore-based company. This acquisition will pave the way...
Australian Anti-Dumping Review on Imported Stainless Steel Sinks from China
On June 25th, the Australian Anti-Dumping Commission issued a notice No. 2024/039, stating that upon the application submitted by the Australian Minister for Industry and Technology, a review of the anti-dumping measu...