Tag: market

Indian stainless producers keen on added intake

Indian stainless steel manufacturers are unhappy with the quantum of domestic consumption and they are keen that its intake and distribution levels reach the levels in the West, a leading business daily has reported.

Stainless over-capacity

US imports of stainless steel plate increased 26% to 31,179 tons in January–July 2002 compared to 24,817 for the same 2001 period, according to the latest statistical data released by the Specialty Steel Industry of North America (SSINA).

Stainless production up on last year

Stainless steel production in the western world this year will exceed the 2001 figure by more than 600,000 tonnes (3.3%), according to Stainless Steel Review (September 2002).

Arcelor’s reduced profits

During the first six months of this year Arcelor saw its profits plunge by around 40%.

Stainless price stability

Throughout 2001 and for all this year, stainless steel selling prices in the EU were reasonably steady, according to an article in the August issue of Stainless Steel Review

Stainless ascends to new heights

Global stainless crude steel production increased substantially in the April to June period, according to an article in Stainless Steel Review (July 2002.

Japanese consolidatation

Nippon Steel and Sumitomo Metal Industries have signed a letter of intent for the integration of their stainless steel businesses.

Stainless steel prospects

Latest output statistics indicate that the international market for stainless steel is picking up.