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Stainless steel mills plans to cut production further

It is reported that Taiwanese stainless steel mills planned to cut the stainless steel production output, because of the order receive can’t meet expectation. Meanwhile, LME nickel price reached to the lowest level recently. In the meantime, China also offered ...

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Stainless steel mills demand protection against cheap imports from China

The operating capacity of India’s stainless steel (SS) mills has declined to a low of 55 per cent, says the industry, due to cheap imports from China and other free trade agreement(FTA) countries, amid weak demand. The capacity utilisation was 65-70 per cent a year ...

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Japan Ni SUS scrap again drops to JPY 170,000 per tonne in Late Oct

As to the price of nickel containing stainless steel scrap purchased by Japanese Stainless Steel mills, major stainless steel mills announced another price cut, and the price of JPY 170,000 per tonne (delivered at factory) is now prevailing in the ...

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Major Chinese stainless steel mills cut NPI procurement price

Major Chinese stainless steel mills reduced the procurement price for high grade NPI according to their latest bidding price. Sichuan Southwest Stainless Steel Company resumed purchasing, but cut the procurement price by CNY 60 to CNY 1,150 per tonne. The ...

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Major stainless steel mill also raises purchasing price

The price of electrolytic manganese metal in China has shown an upward trend since mid May and the main offer price on May 29 meant for the Chinese domestic market was CNY 12,200 to CNY 12,300 per tonne up by ...

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