Tag: market

The world nickel market in 2023 and 2024 – two years...

Ricardo Ferreira (INSG) talks about the world nickel market in 2023 and 2024: Production, usage, prices and stocks.

EU stainless buyers face shortages as prices surge

European stainless steel producers have raised their prices for 300 and 400 series hot and cold rolled coil multiple times throughout December and January. Buyers complain of offers being made by suppliers and withdrawn soon afterwards. 

Nickel market in 2018: demand supporting another year of deficit

More than 60 government and industry representatives met in Lisbon on 23-24 April for the International Nickel Study Group Meeting. During the meeting, INSG reviewed the forecast for nickel production and use for 2017 and 2018. This article gives a brief overview of recent developments based on this data.

Stainless steel prices set to stay high

Nickel prices are currently hovering around US $30,000 per tonne, according to MEPS.

Stainless production declines

The International Stainless Steel Forum (ISSF) has announced that stainless crude steel production for the first nine months of 2005 was 18.4 million metric tons (mmt).

Stainless production up 3.7%

Global stainless crude steel output in 2005 is expected to reach 25.3 million tonnes - up from 24.4 million tonnes a year earlier, according to MEPS (International) Ltd.

Stainless growth exceeds expectation

World stainless steel production reached 24.6 million metric tonnes (mmt) for the full year 2004, according to the International Stainless Steel Forum (ISSF).

Stainless surge from China

China is set to be a substantial force in the international stainless steel market, according to a recent report.

New initiatives for BSSA

Nigel Ward, the new Director of the British Stainless Steel Association, has outlined some new initiatives for the Association to address the lack of growth in the UK for the demand of stainless steel.

UK stainless report

In its latest special report, "A Profile of the UK Stainless Steel Market", the British Stainless Steel Association (BSSA) confirms that since the early 1980s, globally, stainless steel has enjoyed an average annual growth rate of 6%, significantly faster than the majority of other metals.