Shyam Metalics Launches New Advanced Stainless Steel Grades and Records Growth
Shyam Metalics & Energy Ltd (SMEL) has launched 904L Super Austenitic Stainless Steel along with Duplex and Super Duplex Steels. The company says these advanced grades set higher benchmarks for strength, durability, and corrosion resistance under the most challenging industrial...
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Jindal Stainless Supplies Premium Stainless Steel for Bangalore Metro Phase 2
Jindal Stainless, India’s largest stainless steel producer, has supplied premium 301N austenitic stainless steel for Bangalore Metro Phase 2. Prime Minister Narendra Modi inaugurated the yellow line recently, bringing a major boost to urban transport in Bengaluru. Earlier in August,...
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Outokumpu Partners with Boston Metal to Advance Carbon-Free Metals Production
Outokumpu, the global leader in sustainable stainless steel, signs a Memorandum of Understanding with Boston Metal to develop carbon-free metals. The US-based technology company, Boston Metal, is reshaping the global metals industry with its Molten Oxide Electrolysis (MOE) technology. Together,...
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India’s Stainless Steel Scrap Market Gains on Firm Demand and Rising Alloy Costs
India’s stainless steel (SS) scrap market gained further ground last week as buyers displayed stronger interest. Costs for raw materials moved higher, while ferro-molybdenum and chrome prices turned firmer. At the same time, finished steel demand stayed stronger than expected,...
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Stainless Steel Prices Rise on Higher Costs and Producer Hikes in India
India’s stainless steel finished flats prices increased this week as higher raw material costs and price hikes from producers lent support. Meanwhile, finished longs prices inched up even though overall market sentiment stayed weak. BigMint assessed 304-series hot-rolled coils (HRCs)...
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Global Stainless Steel Pipes and Tubes Market Sees Steady Growth
According to The Insight Partners, the global stainless steel pipes and tubes market is set to grow at around 4.5-4.8 per cent CAGR through 2030-2033. Strong demand from construction, energy, automotive and process industries boosts this growth. Asia-Pacific continues to...
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