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...
Read More
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...
Read More
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...
Read More
Pullner Boosts Stainless Steel Filter Cartridge Output as Global Demand Rises
Pullner has expanded its stainless steel filter cartridge production in the Jebel Ali Free Zone in Dubai. The company sees strong demand from several industries, including microelectronics, petrochemicals, power generation, pharmaceuticals, food and beverage, desalination, and automotive manufacturing. Meanwhile, global...
Read More
Sambhv Steel Tubes Plans Major Stainless Steel Expansion
Sambhv Steel Tubes Ltd. announced a major expansion of its stainless steel operations in Raipur. The company wants to lift its stainless cold-rolled capacity from 58,000 tonnes to 1,78,000 tonnes per annum. The plan also includes a new cold rolling...
Read More
Jindal Stainless’ Hisar Unit Wins Top Honours at SLECA 2024
Jindal Stainless’ Hisar unit won the first prize in the “Innovation / New Technologies / R&D Projects” category at the State Level Energy Conservation Awards (SLECA) 2024. The Haryana Renewable Energy Development Agency organised the event in Chandigarh. Shri A.K....
Read More
