Aeroflex Industries Approves Rs 975.6 Million Expansion for Stainless Steel Hoses and Data Centre Cooling
Aeroflex Industries Limited approved a major expansion plan at its board meeting on December 18, 2025. The company took this decision to meet future demand and strengthen its value-added manufacturing portfolio. Moreover, the expansion reflects Aeroflex’s growing focus on advanced...
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Viraj Profiles Rolls Out ‘Near Zero’ Initiative to Boost Sustainable Stainless Steel Manufacturing
Viraj Profiles has launched its ‘Near Zero’ Initiative at its Boisar manufacturing facility in Maharashtra. The move marks a strong step towards embedding sustainability into core operations. Moreover, the initiative places environmental responsibility at the centre of daily manufacturing practices....
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APNI Looks to India to Cut China Dependence for Stainless Steel Exports
The Indonesian Nickel Miners Association (APNI) plans cooperation with India to open new markets for nickel products. Currently, Indonesia sends around 90 per cent of stainless steel production to China. However, APNI aims to shift nearly 30–40 per cent of...
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Global stainless steel market shows steady growth outlook to 2030
The global stainless steel industry recorded a value of US $111.4 billion in 2022. Moreover, projections place the industry at US $179.5 billion by 2030. The industry may grow at a CAGR of 6.2 per cent during 2024–2031. DataM Intelligence...
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India Stainless Steel Scrap Market Stays Weak as Mills Avoid Fresh Buying
India’s stainless steel scrap market remained under pressure during the week ending 12 December, as mills held sufficient inventory and avoided fresh bookings. As a result, trading activity across key regions stayed muted. Moreover, weak downstream demand continued to shape...
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India Curbs Chinese Stainless Steel Exports Through Stricter BIS Renewals
India has sharply reduced Chinese stainless steel exports by tightening its Bureau of Indian Standards certification renewal process. The decision has reshaped regional trade flows and unsettled market participants. As a result, China’s stainless steel shipments to India fell 64.4...
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