POSCO’s CRC stainless steel mill with the capacity of 400,000 tons started into production on December 16. Spokesman of POSCO said that it is a main body for the company’s strategy in adjusting the products structure. The CRC mill began to be started in August and tried out production in November. The output had input in [...]

Finnish stainless steel major Outokumpu on Sunday said it may revive its plan to invest around Rs 300 crore in India as the commerce ministry has decided not to levy anti-dumping duties on imports of certain products of the alloy steel. In April, the government had imposed a duty across stainless steel categories of between $12.74 per [...]

Jessica Ennis – World Heptathlon Champion 2009 – Made in Steel City Sheffield famous for the first production of stainless steel I was made in Sheffield. From the Don Valley Stadium, where the smell of the track can still transport me back to being a ten-year-old girl sitting on the concrete steps, to the Peace Gardens, [...]

Wolfgang Lipp, CEO of Austria stated that EU will possibly launch the anti-dumping on China’s stainless steel exporters to stop China to pour a large amount of materials into Europe market. Although the demand slows down, China’s stainless steel exporters have a consecutive and rapid expansion plan, in the incoming four years, to sell out [...]

Outokumpu the Finish based stainless steel supplier have confirmed surcharges for delivery of stainless steel in December 2009. Industry experts expected surcharges to fall and  316 stainless steel seems to be the biggest loser with a reduction of over 80 Euros for December deliveries. The recent commodity falls from both nickel  and Molybdenum prices have [...]