Stainless Steel Sector Well-positioned To Supply African Markets ...Tue, 07 Mar 2023 00:00:00 GMT
The biggest hurdle stainless steel production and fabrication are facing to date is loadshedding, with this challenge overriding all previous issues and leading to diminishing staff safety, motivation, productivity and increased living costs, and contributing to a visible decline in apparent...
Spain's Acerinox Q4 Steel Output Down 37% On YearThu, 02 Mar 2023 00:00:00 GMT
Spanish stainless steel group Acerinoxs melting shop production fell 37% year on year to 397,000 mt in the fourth quarter of 2022 amid low apparent demand and inventory adjustments, it said late Feb. 28. For the full year production was down 16% at 2.2 million mt. Q4 volume from its cold-rolling operations was 247,000
Stainless Steel Production Forecast At 60mt In 2023Mon, 27 Feb 2023 00:00:00 GMT
MEPS forecasts that global crude stainless steel production will reach 60 million tonnes, in 2023. Significan't contributors to this growth will be steelmakers in China and Indonesia. While India is likely to remain the third largest stainless steel producing country next year, its output is predicted to surge by more than ten percent. The
Centravis Registers Parent Company In SwitzerlandWed, 18 Jan 2023 00:00:00 GMT
Ukrainian stainless seamless pipe producer Centravis has registered its parent Centravis Ltd. in Switzerland, the company tells Kallanish. It was previously registered in Cyprus. The firm says the change of jurisdiction will help it improve its credit rating and attract longer and cheaper funds for the development of production in Ukraine. This is a
Spot Stainless Steel Transactions Were Slack As Most Market Players ...Tue, 17 Jan 2023 00:00:00 GMT
Spot prices of #304 stainless steel grew slightly last week. On the supply side, shipments from steel mills were low, but the market got a certain amount of warrant sources. On the demand side, most of the processing factories ramped up the production to deliver the previously received orders and made no stockpiling of raw materials before the Chinese New Year. The costs of stainless steel remained firm. Prices of high-grade NPI were stable last week. Spot NPI supply in the market was tight,
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