China Hunts Stainless Steel Scrap: India’s Quiet Advantage
Chinese stainless steel producers are stepping up purchases of stainless steel scrap as policy changes alter global trade flows, the Bureau of International Recycling (BIR) reports. While Europe’s scrap demand remains steady, prices are under strain. Asia has seen volatility...
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EU to End Stainless Steel Duties on India, Indonesia in 2026
The European Commission (EU) has confirmed that anti-dumping duties on stainless steel cold-rolled flat products from India and Indonesia will expire on 19 November 2026. The measure, first imposed in June 2016, will end automatically unless European Union producers request...
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Synergy Advanced Metals Joins Key Govt Steel Initiative
Synergy Advanced Metals Limited has signed a memorandum of understanding with the Ministry of Steel, Government of India, to participate in the Production-Linked Incentive (PLI) scheme for speciality steel. The company executed four MoUs after clearing MECON’s review process. As...
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Shakti Pumps Stainless Steel Solar Pumps Target Smarter Irrigation
At the recently concluded Krishi Darshan Expo in Hisar, Shakti Pumps (India) Limited showcased its latest stainless steel solar pumps. The company highlighted a claimed 40 per cent higher water output along with improved durability. Farmers are constantly concerned about...
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What Viraj Profiles New PLI Pact Signals for Stainless Steel
Viraj Profiles Pvt Ltd has entered into a Memorandum of Understanding with the Ministry of Steel under the Government of India’s Production Linked Incentive (PLI) scheme, committing Rs 280 crore to boost speciality stainless steel manufacturing. With stainless steel demand...
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Mukand’s Stainless Steel gets Green Steel Certification Boost
An Indian specialty and stainless steel manufacturer, Mukand Limited, has secured Green Steel certification, underlining its progress in lower-emission steel production. The recognition covers multiple product categories with strong star ratings. As global industries push to decarbonise, could such certifications...
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