Welcome to Stainless steel me. In the stainless steel industry there are numerous experts out there, many trade bodies aligned to specific countries but very few sites where you can find all the latest news in one place, a list of ever growing resources and interesting links for further information until now!
The trend in stainless steel prices is still downwards as it has been over the last 12 months. After early rises in 2012 this was quickly reversed, over the year to date falls are around 15%. Prices are at the point where mills will struggle to keep producing and cover costs so any further falls [...]
On weak demand from European customers stainless steel surcharges have again fallen. The price of Nickel remains weak having dropped through the key barrier of $16,000 per tonne there is no short term signs of reversal. Its now into the summer holiday months now when mills will extend shutdowns to reduce inventories in the hope [...]
Surcharges announced today by Outokumpu show that they have remained fairly level. Nickel has moved around the $16,000 - $17,000 per tonne range, so this has kept surcharges fairly constant. The feeling is that surcharges and stainless steel prices are generally close to the bottom of the cycle. Experts within the industry feel that longer [...]
The first reaction to the news that an in depth review of the planned merger between Finnish stainless steel producer and German based Inoxum was one of shock for most. But given the size and nature of the proposed merger wasn’t any surprise. If the comments coming from Outokumpu or ThyssenKrupp are to be believed, then [...]
Surcharges announced this week by Outokumpu show further falls for most stainless steel grades. Nickel prices have continued to fall since the middle of February from levels close to $22,000 per tonne down this week to below $17,000 per tonne. Most of these falls are on the back of economic gloom and the low demand for [...]
A common answer to the question of who invented stainless steel is usually “Harry Brearley” from Sheffield , in reality the answer to this question regarding stainless steel may not be so clear cut, even though its now officially 100 years old. Firstly when we discuss this it is important to note that the term [...]
9/17/12 •Stainless Steel prices continue to fall
7/24/12 •Stainless Steel surcharges slip further
6/22/12 •Stainless Steel surcharge remain flat
5/25/12 •Outokumpu merger review is it a shock ?
7/06/11 •Different terms for stainless steel
7/01/11 •Stainless steel statistics for June
6/30/11 •Stainless Steel video
5/16/11 •Stainless Steel in construction