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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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...
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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...
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