Tag: market

Chinese growth in stainless production

Rapidly growing demand for stainless steel in China has been providing mills in Asia and elsewhere with a market for a sizeable portion of their output.

WTO speeds ruling on steel

The World Trade Organization (WTO) will adopt a ruling against US steel tariffs on 1 December.

Stainless threat from high nickel costs

Far from declining since Inco resumed production after a lengthy strike at its Sudbury operation in Canada, the price of nickel has gone from strength to strength.

US specialty steel lose market share

Already struggling with a flat economy and weak demand, US specialty steel producers lost additional domestic market share to imports in the first eight months of this year compared to same 2002 period.

European mills maintain growth

Stainless steel mills in Europe are maintaining their annual growth rates this year even though the third quarter saw a slowdown in production, according to Sandro Giuliani of Giuliani Metalli (Cronimet group, Italy).

Demand for stainless driven by China

Stainless steel is set to continue its strong growth, according to the ISSF.

Stainless sector growing faster

"World-wide the growth in stainless steel sector is coming from consumer goods," stainless steel analyst Markus A. Moll, said in a recent interview on the website jpcindiansteel.org.

Stainless output to rise by 4.5%

Production of stainless steel will rise to 19.75 million tonnes in 2003, according to Stainless Steel Review (September 2003).

Filtration set to flourish in Far East

Driven by growth in Asia, the market for macro liquid filtration equipment and media will rise to USD 4 billion in 2005 from USD 3.8 billion this year.

Universal Stainless raises prices

Universal Stainless & Alloy Products Inc. has announced price increases.