Tag: stainless steel sheet
A recent press release states that to achieve synergy of the stainless steel business of the NSSMC Group, Nippon Steel & Sumitomo Metal Corporation (NSSMC), Nisshin Steel Co.
The US Department of Commerce has announced that it will revoke the antidumping orders on stainless steel sheet and strip in coils originated from Germany, Italy and Mexico. This announcement comes in response to the final negative determination in the sunset review made by the US International Trade Commission.
Dongfeng Shipbuilding Co. has begun construction on a new stainless steel sheet production line in the city of Wulanchabu in Inner Mongolia, China. The USD 1.19 billion project has a designed annual capacity of 1 million mt.
This March, Nippon Steel & Sumikin Stainless Steel Corp. (NSSC) will return to full production of stainless steel sheet for export to automakers in other parts of Asia for the first time since the first half of fiscal 2008.
The prices of stainless steel sheet in the European market keep rising on tight supply.
With completion of construction of the 600,000 tonne/year Steel Making Plant III at Pohang Works on 30 April, Posco has become the world’s fifth largest stainless steel sheet producer.