News

SMM reported on March 28 that from March 24-28, 2025, the cost and prices of 304 stainless steel cold-rolled coils rose simultaneously, but the profit margin improved only slightly. Cost side, the ...
The Chinese owner of British Steel has rejected a £500m state rescue package in a move which raises fresh doubts about thousands of steel industry jobs. Sky News has learnt that the offer was ...
Stainless steel is hardy but becomes shabby in a hurry if not cared for properly. The secret to spotless stainless steel is sitting in your produce bowl. David lives in Brooklyn where he's spent ...
DEARBORN, MI – A Midwest steel manufacturer is slated to temporarily idle some operations in Metro Detroit after confirming layoff notices to 600 employees Tuesday. Cleveland-Cliffs, Inc., an ...
Nuvama has maintained a 'Buy' rating on Jindal Stainless, but has lowered its target price, citing challenges from weak export demand and high imports impacting profitability. Brokerage firms have ...
The government is racing against time to avert the collapse of the steel industry, engaging major player ArcelorMittal South Africa (Amsa) in crucial negotiations aimed at sustaining its longs ...
[SOUTH-EAST ASIA] A potential steel glut could hit South-east Asia as US tariffs on Chinese imports upend global trade flows, reviving fears of a 2020-style price crash that forced governments to slap ...
China's stainless steel import and export market dynamics in February 2025. Imports, affected by the Chinese New Year holiday and downstream demand, saw a decline both MoM and YoY, with a slight ...