Stainless steel production forecast at 60mt in 2023

MEPS forecasts that global crude stainless steel production will reach 60 million tonnes, in 2023. Significant contributors to this growth will be steelmakers in...

Stainless production to reach 58 million tonnes in 2022

MEPS estimates that world stainless steel output climbed by a double-digit percentage, year-on-year, in 2021. The increase was driven by expansions in Indonesia and...

MEPS: global demand to grow steadily

newsitemMEPS International has stated that higher nickel costs in August helped US and Asian mills to lift market values.

World stainless steel prices slip

According to MEPS, the stainless steel market appears to be at a crossroads, with raw material costs, end-user demand and the aims of the producers all having their separate influences.

Signs of recovery for stainless market

According to Meps a recovery in the stainless steel sector is underway.

Stainless demand still weak

According to Meps orders on the stainless mills continue to fall despite massive production cuts. Suppliers of raw materials - nickel, chromium, molybdenum and scrap - have all reduced their selling prices in an effort to stimulate the market but to no avail.

Stainless market upturn for early 2009

Meps has announced that stainless steel prices are likely to slip further over the next few months.

Stainless output to slip again

According to Meps there will be no improvement in world stainless steel production in 2008.

Stainless forecast for North America

According to MEPS, transaction values for type 304 are forecast to be relatively stable in June.

Ferritic SS prices rise

According to MEPS the world average price for type 430 cold-rolled coil in April is at a historic high.