Slovenia's producer of long products of special steel grades, Store Steel, in August started installation of the second 160,000tpy bar rolling mill, as part of ...

South Korean producer of long products of special steel grades, SeAH Besteel, plans to expand its steelmaking capacity from 2mtpy to ...

On August 13, China's Valin Steel Group and ArcelorMittal signed an agreement to set up Valin ArcelorMittal Electrical Steel joint venture with 600,000tpy capacity producing CR products of electrical ...

Outokumpu Armetal Stainless Pipe (Saudi Arabia) has started this month to increase capacity of seamless pipes production from 2,000tpy to ...

Indian producer of carbon and stainless steel Adhunik Metaliks Ltd will complete the project aimed at expansion of its steelmaking (from 250,000tpy to 450,000tpy) and rolling capacity (from 220,000tpy to ...

Oskol Electric Steel Works (OEMK) has completed hot trial at its third vacuum degasser. At present, the company is adjusting all parts of the equipment and plans to put the unit in operation in ...

In May, Russian plants produced the same amount of stainless flat products as in April, but in the five months of 2008 the production increased ...

In July, prices for sheets of austenitic steel grades started moving down in the US secondary market for stainless flat products. Thus, CR sheets of 304 and 316 series have decreased in price by ...

In 2009, Russian NLMK’s affiliate Viz-Stal plans to put into operation a new reverse cold-rolling mill to produce sheets of transformer steel. The unit capacity will be some ...

A major Chinese producer of stainless sheet Shanxi Taigang Stainless has set July quotations for its material. The prices for CR stainless sheet of 304 and 321 series have ...

Taiwanese Yieh Hsing Enterprise Co Ltd. has placed an order with Italian Danieli for supply of an electric meltshop capable of producing 600,000t of 140mm and 150mm square billet of stainless steel per year...

Steel Authority of India Limited (SAIL) started upgrading of cold rolling mill at its Salem Steel Plant (SSP), specializing in manufacture of flat products of stainless steel. As a result, the mill capacity will be overdoubled – from ...

In the US secondary market for stainless products, the price rise accelerates in June – stock traders started passing on May increase of alloy surcharges to buyers. Prices for CR sheet of 304 series have gone up by $365-420/t as compared ...

A subsidiary of Mexican Industrias CH – Simec – has been reported to acquire 100% of local rebar producer Corporacion Aceros DM with annual capacity of 700,000t from Grupo San. According to the Industrias CH spokesman, the deal has cost some $850 million ...

The Chinese stainless steel market is still depressed. Due to low demand and heavy oversupply, Baosteel and TISCO have announced their plans to cut production in June by a further 30% (in May – by 50%). The drop of LME nickel quotations has allowed Chinese plants reducing June prices for stainless products of 300s series by ...