Showing posts with label stainless steel. Show all posts
Showing posts with label stainless steel. Show all posts

Saturday, January 3, 2026

Top 5 Stainless Steel Trends to Watch in 2026

We're just days into 2026, and the stainless steel (inox) industry is already facing significant shifts. With the EU's Carbon Border Adjustment Mechanism (CBAM) now fully in effect since January 1, alongside stabilizing global demand, the landscape is evolving rapidly toward sustainability and resilience.

Here are the top 5 trends I'm closely watching this year:1. Surge in Low-Carbon/Green Stainless Steel Production


Regulations and buyer preferences are driving a major push toward eco-friendly production. Leaders like Outokumpu (with their Circle Green range) and Aperam are scaling low-carbon initiatives to meet stringent carbon targets.This isn't just compliance—it's becoming a competitive advantage.
2. Trade Policies Reshaping Global Supply Chains

New safeguards, higher tariffs, CBAM charges, and export controls (e.g., Indonesia's nickel policies) are tightening supply. This could support moderate price recovery while encouraging more regional self-sufficiency.
3. Boom in EV and Renewable Energy Applications


Stainless steel demand is accelerating in electric vehicle battery casings, wind/solar structures, and broader infrastructure projects. India, in particular, is projected to see 7-8% consumption growth in 2026.
4. Regional Production Shifts


To avoid carbon import costs, we're seeing more localized and low-carbon manufacturing. Asia (especially China and Indonesia) continues to dominate volume, but Europe is gaining ground through sustainability leadership.
5. Accelerated Innovation in Advanced Alloys


Duplex and super-duplex grades are gaining traction thanks to superior strength, corrosion resistance, and lighter weight. Key applications include offshore oil & gas, chemical processing, modern architecture, and medical devices.
2026 Outlook


Overall, expect modest global apparent consumption growth of around 2-4%, but the industry will be greener, more resilient, and increasingly shaped by regulations.Which trend excites or concerns you most for your business in 2026?
Share your thoughts in the comments below—I'd love to hear from fellow industry professionals!For daily updates on stainless steel news, prices, and insights, follow
@INOX_Steel on X
or subscribe to the blog.
#StainlessSteel #InoxSteel #GreenSteel #SteelIndustry #SteelTrends2026

Thursday, December 8, 2011

TISCO stainless steel daily output hit a new high in November


It is reported that the No 2 smelting plant of Taiyuan Steel produced 228,600 tonnes of stainless steel in November 2011, with daily output hitting 7622 tonnes, a new high in history.

In the first half of 2011, Taiyuan Steel gained business revenue of CNY 62.5 billion, up by 10.11% YoY, of which stainless steel output totaled 1.46 million tonnes, ranking first in the world.

Monday, December 5, 2011

MePas, New Innovative products for interior design market by Caino Design


STV group has launched a new series of innovative products for the interior design market with the brand name Caino Design. MePas is the name given to the first prototypes of this new range.

Starting from STV's production processes (large size silk screen printing, microelectronics and chemical milling) Takorabo designers Matteo D'Agostino and Emanuele Micono have developed a series of products aimed at interior designers.

Caino Design's approach is deliberately and provokingly different from what we often see in design and fashion trends. They reject the idea of "marketing oriented" products, separated from the reality of production and technology research, where design is at best seen as artistic planning, the ability to imagine beautiful objects made with techniques and materials available on the market and subcontracting their production to suppliers.

The Caino project refers to the most prestigious instances of "product oriented" industrial design, where starting from the production process (the know-how) new products are developed with a cross-discipline approach through innovations in technology, process and style.

POSCO to produce 3.16 million mt of stainless steel products in 2011


South Korean steel producer POSCO is continuously increasing its production of stainless steel products, and is also accelerating the expansion of its presence in the overseas markets for these products, according to Korean steel industry sources.

POSCO, which produced 2.9 million mt of stainless steel products last year, is expected to increase its annual stainless steel production this year to 3.16 million mt including output from Zhangjigang POSCO Stainless Steel in China, in order to meet growing demand for products from the automobile and electric home appliance sectors at home and abroad, said Suh Young-se, senior director at POSCO's marketing department for stainless steel, adding that the company is planning to continuously expand in overseas markets, including China and India.

Mr. Suh explained that European stainless steel producers are suffering difficulties in operations due to their excessively expanded facilities, high production costs and low selling prices for their products, stating that POSCO is the sole stainless steel maker in the world that can maintain full operation of its production facilities and secure profits at present in the stainless steel business despite the recent deterioration of the global business environment.

Meanwhile, Mr. Suh forecast that global output of stainless steel products will reach 33 million mt this year, up 6.5 percent from a year ago.

As for the outlook for the stainless steel product market in 2012, the POSCO official predicted that domestic market conditions will be unfavorable due to the slump in the global economy, but added that there will be robust demand for stainless steel products in overseas markets, particularly in China, India and in countries in Southeast Asia.

Source :Steel Orbis

Monday, November 28, 2011

Types of Stainless Steel

The four types of stainless steel:

Martensitic
• Consist of carbon (0.2-1.0%), chromium (10.5-18%) and iron.
• Subject to specific heat treatments during production.
• Very hard and strong.
• They are ferromagnetic and possess poor formability.
• Use: turbine blades, cutlery and razor blades.

Ferritic
• Consist of chromium (most common 12.5% and 17%) and iron.
• Essentially nickel-free and contain very little carbon.
• Non-heat treatable.
• Ferromagnetic and possess adequate formability.
• Exhibit superior corrosion resistance to martensitic stainless steels.
• Use: vehicle exhaust systems, cooking utensils, washing machines and indoor architecture.

Austenitic• Consist of chromium (16-26%), nickel (6-12%) and iron.
• Other alloying elements (e.g. molybdenum) may be added or modified according to the desired properties
• Good formability and ductility (and makes them non-magnetic).
• Highly durable and corrosion resistant.
• Have high ductility, low yield stress, relatively high tensile strength and good weldability.
• Use: most common with wide range of uses.

Austenitic-Ferritic (Duplex)
• Consist of chromium (18-26%) nickel (4-7%), molybdenum (0-4%), copper and iron.
• Have a microstructure consisting of austenite and ferrite.
• High corrosion resistance with greater strength.
• Ferromagnetic and reasonable formability.
• Use: process industry and seawater applications.

Sunday, November 27, 2011

European stainless steel surcharges down for December

Surcharges for 304 grade stainless steel are down 3% and are now in a range of Eur1,333-1,347/mt. Surcharges for CR 316 2-mm coil for December are now averaging Eur2,050/mt down from Eur2,127/mt for November, a reduction of 4%.  Surcharges for 316 grade are now in a range of Eur2,034/mt-2,067/mt. Meanwhile, European surcharges for CR 430 2-mm coil are also lower, down from an average of Eur482/mt for November to an average of Eur459/mt for December.

The surcharge forms a large proportion of the final transaction price for stainless steel. It has come under pressure recently as nickel prices on the London Metal Exchange have continued to fall as the market comes to terms with a weaker global economic outlook.

Nickel was trading at fresh lows at $17,250/mt on Wednesday at 1117 GMT, $11,901 lower than the 2011 high of $29,151/mt in February, when some market participants speculated that nickel could move above $30,000/mt. The Platts weekly dealer molybdenum oxide assessment currently stands at $13.70-14.00/lb. Platts assessed high carbon 52% ferrochrome is at $0.95-$0.99/lb as of Thursday.

Source: PLATTS

Posco to Hit Stainless Steel Output Record

Posco (005490), the world’s biggest maker of stainless steel, will report record production this year, saying it expects to maintain that pace in 2012 supported by demand from emerging markets.
Output of the alloy used in cars and home appliances may reach about 3.16 million metric tons this year, up from about 2.9 million tons in 2010, Suh Young Sea, senior vice president at the Pohang, South Korea-based company, said in an interview in Seoul.
Posco, the world’s third-biggest steelmaker, last month said it will continue expanding in emerging markets, including China and India. Stainless-steel makers in Europe face overcapacity, higher raw-material costs and falling prices.
“We are probably the only stainless-steel maker that’s making profits and running at full capacity under the current situation,” Suh said in the interview on Nov. 25. “We will try to maintain current output levels next year as well. Emerging markets will still likely show some growth and we are planning to increase our share in those markets.”
Global stainless steel output may rise 6.5 percent to 33 million tons this year, Suh said. That compares with U.K.-based industry consultant MEPS (International) Ltd. Nov. 2 forecast of 32.5 million tons. Demand in China and India, the world’s two most populous nations, is rising with disposable income.
Europe’s debt crisis remains a “swing factor” in terms of global demand, Suh said. Posco kept domestic stainless steel prices steady for December for the third straight month.
Target Cut
“It’s very difficult to make any forecasts for next year because there still remain uncertainties about the global economy,” Suh said. “However, we’d like to remain optimistic, pinning hopes on emerging markets such as China, India and Southeast Asia.”
Posco posted a 78 percent decline in third-quarter profit because of foreign-currency losses and weaker demand. The company cut its total planned spending for this year to 6 trillion won from 7.3 trillion won.
Stainless steel output in China, the world’s biggest producer, rose 6 percent to 3.37 million tons in the first nine months from a year earlier, the China Iron and Steel Association said Oct. 21. China’s production may climb 13 percent this year and 11 percent next year, MEPS said.
In terms of raw material sourcing, Posco is looking at “multiple projects” in Indonesia, including the Sulawesi region, to secure supply of nickel, a key ingredient, Suh said, declining to elaborate. The company and its Chinese venture, Zhangjiagang Pohang Stainless Steel Co., will together seek to develop a nickel mine in Indonesia, Posco said in June.
Outperformance
Posco shares have fallen 28 percent this year, compared with a 39 percent drop in the 76 member Bloomberg World Iron and Steel Index.
Posco is the world’s biggest maker of stainless steel based on 2010 output, followed by China’s Taiyuan Iron & Steel Group Co., according to the Korean mill. Posco and its units have the capacity to produce more than 3 million tons of stainless steel a year and the company is building plants and marketing bases in China, Vietnam and Turkey.
The company bought Thainox Stainless Pcl, Thailand’s largest maker of rust-proof steel in October. Thainox has a capacity of 200,000 tons a year.

Source: bloomberg.com

Monday, November 14, 2011

The Recycling of Stainless Steel

We have just found a very interactive and beautiful animation of Recycling of Stainless Steel. Please let us know how much you liked it.

Below is the link to the same >>>

The Recycling of Stainless Steel [ANIMATION]