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Ferrous Metals ►  Iron & Steel, Stainless Steel, Carbon Steel, Alloy Steel
3 Dec 2008 Stainless Steel  ►  North American average stainless steel prices - Latest forecasts from Meps
Transaction prices for grade 304 products are forecast to decline further in the short term due to falling raw material costs. Type 316 figures are expected to show a substantial drop of over $US2000... more 
28 Nov 2008   Nisshin Steel expands Ni stainless cold rolled flat steel output cut
Nisshin Steel announced on Thursday the firm expands the output reduction of nickel series stainless cold rolled flat steel to more than 40% at Shunan plant in November from original plan while the... more 
24 Nov 2008   Eramet reviews investments, likely to delay some projects
Poor nickel prices and financial market upheaval have prompted French metal producer Eramet S.A. (ERA.FR) to review investments across the business, and the company will likely delay some projects,... more 
21 Nov 2008   TISCO cuts stainless steel export price by USD 750 per tonne
Taiyuan Steel Co has reduced its stainless steel export price by USD 750 per tonne for January 2009 shipments to South Korea... more 
14 Nov 2008   Europe nickel premiums fall on lower stainless use
Reuters reported that physical nickel premiums in Europe have been falling during the second half of this year as demand from stainless steel producers continues to decline... more 
10 Nov 2008   Outokumpu taking action to adjust to the weak stainless steel market
As Outokumpu stated in the outlook of its third quarter interim report, the stainless steel demand is currently weak and the company expects its fourth quarter delivery volumes to be at about the... more 
7 Nov 2008   Global stainless steel prices falling on weak demand
News & Trends Back... more 
31 Oct 2008   Stainless steel producers brace for lean patch in first half of 2009
Stainless steel consumption in the UAE is expected to go through a downturn period in the first half of 2009, in light of the global financial crunch, industry experts say... more 
30 Oct 2008   Japan's steel mills mull cuts in moly-containing stainless output
Japan's production of chrome-nickel-molybdenum stainless steel, more... more 
  India's JSL sees 25% stainless output dip for Q2 ended Sep 30
India's JSL Limited said Thursday the company's stainless steel... more 
28 Oct 2008   China to underpin stainless steel growth: BHP
BHP Billiton expects stainless steel demand to be robust over the long-term, underpinned by China's urbanisation and industrialisation... more 
27 Oct 2008   Slumping demand leading to production cuts: Macquarie
Production of Chinese crude steel continued its sharp decline, with a strong 9.1% YoY fall in September. The sharp steel cuts reduced the annualised rate of Chinese steel production from a peak of... more 
23 Oct 2008   Outokumpu's 3Q '08 interim report - Strong cash flow in uncertain and weakening markets
Third quarter highlights... more 
  Japan's NSSC extends stainless steel output cuts on demand slump
Nippon Steel and Sumikin Stainless Steel Corporation will extend cuts in austenitic and ferritic stainless steel production from October through to March next year... more 
22 Oct 2008   Posco, local rivals to cut output on slowing demand
Posco, Asia's biggest maker of stainless steel, will slash planned output by about a third this quarter and rival South Korean steelmakers may also cut production to cope with a slowdown in demand... more 
  S Korean steel mills may reduce output as demand slows
South Korean steel mills are moving to cut output this year as a global economic downturn is draining demand while inventories pile up, industry sources said Wednesday... more 
20 Oct 2008   US 18/8 stainless steel prices collapse due to demand vacuum
Prices of 18/8 or 304 series stainless steel scrap in the US market have... more 
16 Oct 2008   NSSC to keep Ni stainless cold flat supply cut for dealers
Nippon Steel & Sumikin Stainless Steel (NSSC) announced on Tuesday the firm rejects almost all order for nickel series cold rolled stainless flat steel from domestic distributors for October order... more 
15 Oct 2008   Nickel based stainless chrome sheet deals on hold in East Asia
Transactions of nickel based stainless CR sheets for October 2008 shipments have come to a virtual standstill in East Asia where a wait and see position is predominating among stainless steel... more 
14 Oct 2008   ThyssenKrupp optimizes steel mill processes
Germany’s biggest steel producer ThyssenKrupp Steel said that it will optimize its steel mill in Bochum by implementing a planning solution from Quintiq... more