The prices for stainless steel sheets, plates and coils have declined sharply over the past 2 months, amid falling demand and lower nickel prices. Nickel prices rose sharply, but it was largely attributed to falling nickel inventories at the LME, at a time when demand seemed weak across the globe. Rising production and exports of [...]
Business Confidence Remains Weak Amid Slowing Growth & Rising Trade Tensions The current state of trade war between the US and China, and the resulting impact on global economic growth, has negatively impacted demand, business confidence and commodity prices. There is a lot of uncertainty in business planning, due to rising protectionism across economies and [...]
In India, there are only two major producers of stainless steel coils - Jindal Stainless and SAIL. The products from Jindal Stainless are more prominent and regularly available with all stockholders like. We distribute products made by Jindal Stainless. Imported materials from POSCO, BAHRU, APERAM, and Outokumpoo are also available for various different sizes. [...]
While some investors worry about a possible recession, commodity prices have remained firm on an expected U.S.-China trade deal, and signs of stability in Chinese economic data. According to the official Purchasing Managers' Index (PMI), factory activity in China unexpectedly grew for the first time in four months in March. Renewed economic optimism and rising [...]
In this article, we would discuss the most modern procedure used by various steel mills across the globe to produce steel, and further processing the same to steel plates, sheet and coils. The Steel Plates Manufacturing Process... Primary Steel Making Steelmaking starts with melting the raw inputs of iron ore, coke (produced by carbonisation of [...]
The Two Global Economic Giants US & China Give 90 Days Relief to Global Markets Commodity Prices Remain Under Pressure Amid Concerns Over Lower Global Economic Growth Steel Prices Under Pressure On Rising Supply & Expectations of Lower Demand For Base Metals, LME Cancelled Warrants Ratio Shows No Sign of Pick in Demand Copper & [...]
Metline is India's leading manufacturer and supplier of stainless steel sheets, plates and coils in India. With a view to offer our customers and prospective buyers, with an idea about the current prices for stainless steel sheets and plates, we are pleased to offer our prices as below: Note: GST @ 18% Extra on Quoted [...]
Metline is India's leading manufacturer and supplier of stainless steel sheets, plates and coils in India. With a view to offer our customers and prospective buyers, with an idea about the current prices for stainless steel sheets and plates, we are pleased to offer our prices as below: Prices for Stainless Steel Sheets in India, [...]
There has been a continuous decline in nickel stocks, which has lent support to nickel prices to a great extent. Falling stocks, along with strong demand from the stainless steel sector and expectations of strong demand from electric vehicles has fueled strong optimism among large investors and buyers of the industrial metal. Currently, the supply [...]
A Stable Growth Outlook for the Global Economy Bodes Well for Metals & Commodities The steel industry is looking up amid increased global demand, and investment growth. Demand in China, which controls 50% of global steel production, and is a major steel exporter, has remained stable despite concerns of loss of steel trade arising out [...]
