WEEKLY: Chinese traders' stainless stocks fall further
Inventories of finished stainless steel at commercial warehouses in Wuxi and Foshan, China's two core stainless trading hubs, continued to fall during April 19-25, with the total volume down for the second week by another 23,332 tonnes or 2.3% on week at 996,151 tonnes, according to Mysteel's latest
Apr 26, 2024 17:00
China's 304 stainless prices gain on week, outlook dims
China's prices of 304-grade stainless steel rose during April 16-23, with the price of 304/2B Hongwang 2*1240mm stainless cold-rolled coil (CRC) in Wuxi under Mysteel's assessment reaching Yuan 14,100/tonne ($1,945.6/t) in-warehouse including 13% VAT on Tuesday, higher by Yuan 200/t on week.
Apr 24, 2024 16:00
GACC: China's Mar stainless steel imports lower 31% MoM
China imported 152,700 tonnes of stainless steel in March, lower by 31.4% than February though registering a rise of 23.8% compared to the same period last year, according to new statistics released by the country's General Administration of Customs (GACC). The tonnage brought China's total stainles
Apr 22, 2024 15:00
WEEKLY: Chinese traders' stainless stocks fall 2.5% on week
Inventories of finished stainless steel at commercial warehouses in Wuxi and Foshan, China's two core stainless trading hubs, reversed down over April 12-18 after the previous week's rise, with the total tonnage declining by 25,857 tonnes or 2.5% on week to 1.02 million tonnes, according to Mysteel'
Apr 19, 2024 14:45
MYSTEEL: Sanctions on Russian metals escalate, Nickel market supply faces uncertainty
I. Sanctions on Russian Metal Trade Intensify, LME Responds Swiftly
Apr 16, 2024 16:50
India's SS scrap prices see weekly gains; finished product prices hold steady
India's stainless steel prices have maintained stability this week. BigMint's assessment indicates a minor uptick of $30/tonne (t) for imported 304 scrap, reaching approximately $1,380/t. Domestic 304 scrap, ex Delhi NCR price also gone up by INR 2,000/t.
Apr 15, 2024 08:30
worldstainless: Global 2023 crude stainless output grows 5% on year
During 2023, total production of crude stainless steel worldwide reached 58.4 million tonnes, higher by 4.6% from the previous year, according to latest data released on Thursday by Brussels-based worldstainless.
Apr 12, 2024 16:30
WEEKLY: Chinese traders' stainless stocks up 1.2% on week
Inventories of finished stainless steel at commercial warehouses in Wuxi and Foshan, China's two core stainless trading hubs, reversed up over April 4-11 after the decrease over the prior four weeks, with the total volume up 11,897 tonnes or 1.2% on week to reach 1.05 million tonnes, according to My
Apr 12, 2024 14:30
India's Shyam Metalics expands new SS HRC facility in Odisha
Shyam Metalics and Energy Ltd, a leading and rapidly expanding metals manufacturing firm in India, is pleased to announce the inauguration of a new Stainless Steel Hot Rolled Coils (HRC) facility at its existing plant in Sambalpur, Odisha. This move aligns with the company's approved expansion plan
Apr 12, 2024 08:30
China's stainless output surges 24% MoM in March
China's total production of crude stainless steel reversed up in March after the continuous decrease over the prior six months to reach 3.16 million tonnes, soaring by 610,300 tonnes or 24% from February, according to Mysteel's latest monthly survey among 43 stainless producers nationwide. Compared
Apr 09, 2024 15:30
304/NO.1 stainless HRC prices: China's major cities
300-series stainless HRC prices: Zibo
Stainless coil prices: Foshan
304/2B stainless CRC prices: China's major cities
300-series stainless CRC prices: Foshan