News
Brussels, April 11, 2024 — The World Stainless Steel Association released data for the full year of 2023, indicating a year-on-year increase of 4.6% in global stainless steel crude steel production, reaching 58.44 million metric tons. Among them, apart from…
According to media reports on April 13th, the United States and the United Kingdom announced new trading restrictions on Russian aluminum, copper, and nickel, which may cause turbulence in the global metal market. The new regulations prohibit the London Metal…
Indian manufacturers (Facor) intends to significantly expand its chromium iron production capacity. To this end, it has reached an agreement with Finland Industrial Engineering Corporation Metso to provide necessary equipment. As part of the Bhadrak (Orrisa) production capacity project, Facor…
Stainless steel prices fluctuate weakly, and spot transactions are scarce Nickel variety: Yesterday, nickel prices fluctuated weakly during the day and rebounded slightly at night. Transactions in the Spot market were average. Jinchuan’s nickel supply was tight and the premium…
The head of the Treaty and Legal Department of the Ministry of Commerce responded to the report of the World Trade Organization (WTO) Expert Group on Japan v. China’s anti-dumping measures against stainless steel on June 19. The person in…
There is a shortage of electricity in many parts of Vietnam, especially in the northern provinces where industrial parks are concentrated. Since early June, some industrial parks have experienced sudden power outages, causing factory production to be temporarily interrupted. Vietnamese…
After a month of price increase, the prices of raw materials such as stainless steel coils and strips in China have stabilized, and global demand is currently low, with prices maintaining at a medium to low level. The depreciation of…
It is reported that an Indonesian cabinet minister said on Wednesday that Indonesia has cut Tax incentive to limit investment in low-quality nickel products. The country aims to extract as much value as possible from its rich nickel reserves and…
London Futures Nickel Trends Focusing on the London Nickel Market: The recent release of data from the United States has raised expectations that the Federal Reserve may soon stop raising interest rates, leading to a decline in the US dollar…
China 2023 March 304 SS price On March 20th, the Foshan Market News On Friday, the closing of nickels rose 115 US dollars to $ 23,580/ton last Friday, and the closing of stainless steel futures 2304 in the evening rose…