Tag: stainless steel

To augment domestic manufacturing, the domestic stainless steel industry body, Indian Stainless Steel Development Association (ISSDA), has recommended some curative measures to the government ahead of the Union budget 2020.

Stainless steel is playing an important role in delivering effective infrastructure to achieve water savings, securing a sustainable environment and future for irrigation communities in Australia.

The International Stainless Steel Forum (ISSF) has released figures for the first nine months of 2019 showing that stainless steel melt shop production increased by 3.4% year-on-year to 39.8 million metric tons.

Chevron’s six newest liquefied natural gas (LNG) carriers feature stainless steel containment tanks specially designed to reduce boiloff during transport. As global exports of natural gas continue to rise at a record-setting pace, the enhanced efficiency of Chevron’s new vessels will help the company remain competitive in an increasingly crowded market.

The global market for precision stainless steel (also known as thin strip) is expected to expand 1.5x in terms of market volume by the end of 2029. East Asia currently accounts for over 50% of consumption and this is expected to grow.

Stalatube Oy of Lahti, Finland, has invested a total of EUR 20M in the past two years, of which EUR 7M has been invested in a production facility in Poland.

UK-based S&N Stainless is a stockholder and supplier of a whole range of stainless steel items.

NIPPON STEEL Stainless Steel Corporation, the largest stainless steel producer in Japan, has established the brand new trademark of NSSTS for its distinctive lineup of steel grades.The company plans to integrate and consolidate the existing trademarks and steel grades made by the former three companies into NSSTS accordingly.

In July 2019, Sandvik will open a state-of-the-art coiled tubing line for premium grades of seamless stainless-steel products in smaller dimensions at its Zhenjiang tube mill near Shanghai, China.

During a recent seminar, the Indian Stainless Steel Development Association (ISSDA) endorsed stainless steel as the ideal material for infrastructure projects within India, citing the success of stainless steel in several transit hubs around the world.