News
INOX VIETNAM THANKS TO OUR CUSTOMERS AND PARTNERS
Stainless Steel Vietnam would like to send our customers and partners our sincerest and deepest thanks. Thank you for your trust and support, accompanying us in 2023. Along with the general development trend of the field, Stainless Steel Vietnam constantly innovates and improves product quality...
Announcement: 2024 Lunar New Year Holiday Schedule
Inox Viet Nam – Thai Duong would like to wish our customers and partners in 2024 full of joy and happiness.
Asian stainless steel prices to stabilize
The LME nickel price recently has dropped to the US$16,200/ton level. After that, the nickel price remained stable and had no big influence. Although the demand is weak in Asia, China’s stainless steel price has remained stable due to high raw material costs. The demand...
South Korea terminates AD measure on Japan’s stainless steel plates
The Korea Trade Commission (KTC) announced its final determination of the third anti-dumping (AD) sunset review on stainless steel plates originating in Japan, ruling that the termination of the existing AD measure will not result in the continuation or recurrence of the injury to the...
Taiwan’s stainless steel manufacturers strive to stabilize market
Although the futures price of stainless steel in the Chinese market fell, the spot price was temporarily stable due to the increase in ferronickel prices and strong price support by PT Indonesia Tsingshan Stainless Steel. Local distributors pointed out that the first quarter is originally...
ISSDA: India’s stainless steel MSMEs impacted by dumping imports from China
Rajamani Krishnamurti, the president of the Indian Stainless Steel Development Association (ISSDA), said that nearly 30-35% of small or medium enterprises (MSMEs) in Gujarat stopped their business during the period from July to September last year due to the influx of cheap imports from China,...
POSCO pledges to support Ukraine’s post-war reconstruction
POSCO Group Chairman Choi Jeong-woo has pledged to support the reconstruction of Ukraine by operating a range of projects in areas such as energy and infrastructure, so that the nation can overcome the devastation the war wreakedon it in a timely manner. Choi displayed his...
Worldsteel predicts recovery of global steel demand in 2023 by 2.3%
In 2024, according to the association’s expectations, global demand for steel will increase by 1.7% In 2023, the world demand for steel will increase by 2.4% compared to 2022 – up to 1.822 billion tons. This assessment was given in its short-term forecast of World Steel Association...
