Asia News

News and press releases from Asia to bring our community the latest developments in the stainless steel industry. Here you can find news involving the people and companies involved in the manufacturer, supply and use of corrosion resistant alloys (CRAs). Topics such as tubes & pipes, cladding, offshore, chemical process industry, welding & fabrication, 13Cr stainless steels, titanium, nickel alloys, pulp & paper and duplex stainless steels are covered as well as interviews with materials specialists, manufacturer and end users alike.

Primetals Technologies to supply thick-slab continuous caster

rimetals Technologies Supplying a thick-slab caster upgrade in China, boosting slab capacity to 1.9M tons/year for high-end applications.

Korea Southern Power & Ulsan City sign agreement

Korea Southern Power Investing USD 450M with Ulsan City to build a 135MW hydrogen power plant by 2031, running on 100% hydrogen.

Japanese, Middle East firms eye USD 6bn energy investment

Japanese & Middle East Firms planning USD 6B investment in Vietnam for a major refinery and hydrogen engine parts plant.

SK Earthon redefines energy development in Southeast Asia

SK Earthon set to start oil production at Vietnam’s Golden Camel field in 2026, reinforcing its Southeast Asia energy operations.

Velesto secures new drilling contract for NAGA 4 in Vietnam

Velesto secured a drilling contract in Vietnam using the NAGA 4 rig for over 40 wells starting 2026, expanding regional presence.

JFE Steel to introduce large-scale electric arc furnace

JFE Steel will build an advanced electric arc furnace at its Kurashiki facility to drive carbon-neutral steelmaking in Japan, backed by a government grant as part of a national decarbonisation project.

China develops 5-meter stainless steel rocket storage tank

China has unveiled its first 5-meter diameter stainless steel rocket storage tank, a major milestone in aerospace engineering by China Aerospace Science and Technology Group.

STATS expands in Malaysia with pipeline isolation contract

STATS Group, in JV with EPOMS, has secured a multi-year pipeline isolation contract in Malaysia, expanding its local presence with new facilities and advanced tooling investments.

13,000 DWT duplex stainless steel chemical tanker launched

The 13,000 DWT duplex stainless steel chemical tanker SHAN TONG was launched at Zhoushan Ningxing Shipbuilding, featuring advanced safety systems, low emissions compliance, and multi-cargo capability. Delivery is expected before June 2025.

Wanhua Chemical signs a joint venture agreement with PIC

PIC has invested USD 638 million for a 25% stake in Wanhua Chemical (Yantai), marking a key step in their strategic partnership to boost global petrochemical collaboration.