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.

    YIEH HSING ENTERPRISE announces expansion plan

    Stainless Steel World Publisher -
    YIEH HSING is investing TWD 1.05 billion to expand its Pingnan Acid Pickling Plant, enhancing stainless steel wire rod production by 2025.

    Vietnam’s Viet Phat Steel Sheet begins construction of new plant

    Stainless Steel World Publisher -
    Viet Phat starts building a USD 45M steel plant in Vietnam, targeting 350,000 MT annual production within 200 days.

    JISCO Carbon Steel chooses SMS group’s automation system

    Stainless Steel World Publisher -
    JISCO partners with SMS to boost annual capacity to 3.5M tons, adding stainless steel to its revamped strip mill by 2026.

    Walsin Lihwa to invest USD 9.15M in Indonesia

    Stainless Steel World Publisher -
    Walsin Lihwa invests in a stainless steel wire rod plant in Indonesia, with production set to begin in 2027.

    Stolthaven Terminals expands in Malaysia

    Stainless Steel World Publisher -
    Stolthaven opens a new terminal in Malaysia with stainless steel tanks, enhancing regional storage and export operations.

    Prabowo announces USD 600bn economic growth plan

    Stainless Steel World Publisher -
    Indonesia plans USD 600 billion in downstream industries, focusing on domestic refining like ferronickel for stainless steel by 2045.

    KUFPEC to acquire Indonesia’s oil and gas sectors

    Stainless Steel World Publisher -
    Kuwait Foreign Petroleum Exploration Company (KUFPEC) will expand its foreign oil projects, especially in Indonesia, as it seeks to seize many bids in the oil and gas exploration areas offered by Indonesia from 2024 to 2029 -- more than 50 land and sea areas.

    MAC Shipping orders 4 duplex stainless steel chemical tankers

    Stainless Steel World Publisher -
    Singapore’s MAC Shipping has revealed that it has ordered four duplex stainless steel chemical tankers from Xin Jiangzhou Shipbuilding Heavy Industry, which are expected to be delivered from 2026 onwards, marking the owner’s first newbuilding project.

    Shelf Drilling announces 2 contract extensions

    Stainless Steel World Publisher -
    Shelf Drilling, Ltd. has secured contract extensions for the Shelf Drilling Chaophraya and Shelf Drilling Krathong jack-up rigs with Chevron Thailand Exploration and Production, Ltd. for operations offshore Thailand. Both extensions are for a firm period of two years.

    Seatrium to build heavy lift vessel for Japan’s POC

    Stainless Steel World Publisher -
    Seatrium has revealed that its subsidiary has signed a Letter of Intent (LoI) with Penta-Ocean Construction (POC) to build a heavy lift vessel to serve the Japanese offshore wind market.
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