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740 news items in Stainless Steel. Show all
Dalian iron ore futures posted gains on Monday, recovering from earlier losses as expectations of improved steel demand supported the market, although long-term demand concerns persist. Analysts noted that better…
Iron ore futures fell for a fifth consecutive session on Friday as a bearish demand outlook continued to weigh on market sentiment. Iron ore futures also dropped 6pct compared to the previous Friday's morning session…
Jindal Stainless, India's largest stainless steel manufacturer, has commissioned its nickel pig iron smelter facility in Halmahera Islands, Indonesia, eight months ahead of schedule, according to a stock exchange…
Iron ore futures extended their losses on Thursday, driven by weak steel production data and concerns about demand. China's crude steel output fell by 9pct YoY to 82.9 mln tons in July and dropped 9.5pct compared to the…
Primetals Technologies has received the final acceptance certificate (FAC) from Yantai Walsin Stainless Steel for a new stainless steel combination mill in Yantai, Shandong Province, China. This mill, which can produce…
Iron ore and steel futures fell sharply on Wednesday, driven by disappointing credit data that heightened concerns about demand. China's bank lending dropped to its lowest level in nearly 15 years, affected by weak…
Iron ore futures remained steady on Tuesday, with the key steelmaking material continuing to face pressure due to weak demand. Many Chinese steel mills are experiencing losses and reducing output through maintenance as…
Outokumpu, a global leader in sustainable stainless steel, began its foray into the metal powder market for additive manufacturing nearly a year ago. In April 2023, the company launched a pilot project to produce metal…
Iron ore futures declined on Monday as persistent weak fundamentals continued to weigh on market sentiment. The majority of Chinese steel mills are cutting production to mitigate losses due to weak downstream steel…
The Federation of Thai Industries (FTI) has warned that the Thai steel industry may face dominance by Chinese companies establishing factories in the country, according to local media reports. FTI Chairman Kriengkrai…
Iron ore futures recovered on Friday, helped by improved economic data, though concerns about weak demand persist. China's consumer price index (CPI) rose by 0.5pct YoY in July, according to the National Bureau of…
Iron ore futures fell on Thursday, pressured by weak steel demand and market sentiment. Persistent sluggishness in downstream steel demand has led steel producers to cut output, reducing iron ore demand. Additionally, a…
Iron ore futures extended their losses on Wednesday due to a dim demand outlook driven by weak steel demand. Analysts expect that reduced steel profitability may lead mills to cut operations and limit production. Rising…
India's Shyam Metalics and Energy reported substantial gains in stainless steel sales, which surged 219pct YoY to 5,699 tons in July 2024, up from 1,786 tons in July 2023. Carbon steel sales, including billets and long…
Iron ore futures fell on Tuesday as market sentiment was dampened by lower production figures and persistently weak steel demand. Daily crude steel output among China Iron and Steel Association (CISA) member mills…
Iron ore futures gained on Monday, supported by expectations of stimulus measures from Beijing and an improved outlook for steel demand. China's services sector saw accelerated growth in July, driven by new orders…
Iron ore futures gained on Friday amid hopes for additional stimulus measures from Beijing, though concerns about demand remained. The market anticipates new stimulus following weak Chinese manufacturing data released…
Iron ore futures gained on Thursday, driven by a more optimistic short-term demand outlook. The National Development and Reform Commission (NDRC) of China released a survey indicating a cautious optimism for the Chinese…
Dalian iron ore futures fell slightly on Wednesday as weak demand fundamentals overshadowed stimulus hopes prompted by recent manufacturing data. China's manufacturing activity continued its decline for the third…
Iron ore futures fell on Tuesday due to ongoing concerns about weak demand. Weak steel mills' margins and mounting port-side inventories, compounded by increased imports from major miners, dampened market sentiment. The…
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