3373results found for 'stainless steel'
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- [SMM Stainless Steel Market Flash] Aperam Expands Brazil Capacity and Moves Further Downstream with Magnetec Deal
Aperam will invest €10 million to remove a cold-rolling bottleneck at its Timóteo facility in Brazil, targeting a 5% capacity increase by mid-2027. The company also completed the acquisition of Magnetec on April 1, 2026 and created Aperam Magnetic Components, extending its downstream exposure into higher-value magnetic solutions for EVs, energy, and aerospace. The move shows Aperam is continuing to push its stainless and specialty materials chain further into value-added end markets.
Apr 30, 2026 22:25 - [SMM Stainless Steel Market Flash] Aperam Says Q1 Improvement Came More from Seasonality Than Demand Recovery
Aperam said the improvement in first-quarter performance was driven mainly by seasonal factors and operational efficiency rather than any fundamental recovery in end-market demand. The company noted that construction demand in Europe has still not recovered, while consumer goods and automotive remain under pressure, and Brazil was in its seasonally weakest quarter. This suggests the latest earnings rebound in Europe’s stainless market remains more cyclical than structural for now.
Apr 30, 2026 22:23 - [SMM Stainless Steel Market Flash] Aperam Q1 Shipments Rise 11% to 617 kt, Sales Reach €1.575 Billion
Aperam’s shipments rose 11% quarter on quarter to 617 kilotons in Q1 2026, mainly driven by seasonal recovery in Europe. Sales increased 16% to €1.575 billion. The company also said operating income swung to a profit of €34 million from a loss of €29 million in the previous quarter, supported by better utilization and favorable valuation effects.
Apr 30, 2026 22:22 - [SMM Stainless Steel Market Flash] Aperam Q1 Adjusted EBITDA Rises to €90 Million, Best Start in Three Years
Aperam reported adjusted EBITDA of €90 million in the first quarter of 2026, up 34% from the previous quarter, which the company described as its strongest opening quarter in three years. The result came despite continued headwinds from geopolitical instability and energy price volatility across its European and South American markets.
Apr 30, 2026 22:22 ![[SMM Analysis] China's Stainless Steel Futures Hit Multi-Year Highs on Raw Material Disruptions](https://imgqn.smm.cn/production/admin/votes/imageszEUoM20260430221304.jpeg)
[SMM Analysis] China's Stainless Steel Futures Hit Multi-Year Highs on Raw Material DisruptionsScrap tightening and a major nickel-cobalt producer's output cut pushed SHFE stainless steel to levels not seen since 2023 — yet physical demand remains conspicuously absent heading into the May Day break
Apr 30, 2026 22:10- 【SMM Analysis】Chrome Ferroalloy Output Edges Down in April
News Release: April 30, 2026 According to SMM statistics, China’s high-carbon ferrochrome output in April 2026 fell by 1.28% month-on-month but rose by 24.63% year-on-year, with notable regional divergence. The majority of the monthly output reduction came from Inner Mongolia in northern China. Affected by substation maintenance, ferrochrome producers in Fengzhen faced production restrictions, with output dipping slightly by 1.82%.
Apr 30, 2026 17:47
Announcements
SMM will launch new pricing for manganese-rich slag from Shanxi (30%-35% Mn) and Hunan (30%-31% Mn) starting May 8, 2026, to improve market transparency and trading efficiency.
PriceApr 29, 2026 17:54SMM will launch two new price points for Indonesia 316L stainless steel, "Indonesia 316L/NO.1 Coil Mill Edge" and "Indonesia 316L/2B Coil Mill Edge," effective March 13, 2026.
PriceMar 11, 2026 18:14In recent years, Indonesia has solidified its position as a global supply and export hub for the stainless steel industry. With the continuous upgrade of local production capabilities, the export volume of 304L series stainless steel has seen significant growth. Due to its superior intergranular corrosion resistance and weldability, 304L is increasingly demanded in the chemical, energy, and high-end manufacturing sectors across Asia, Europe, and the Middle East. To better reflect the supply-demand fundamentals of the low-carbon stainless steel market and to provide global traders and downstream users with more precise settlement references and risk management tools, SMM has decided to expand its overseas price assessment portfolio. Effective December 26, 2025 , SMM will officially launch the following two new price points: "304L/NO.1 Coil-ME, FOB Indonesia, USD/mt" and "304L/2B Coil-ME, FOB Indonesia, USD/mt" . The details of the new price points are as follows: 1. Product Name: 304L/NO.1 Coil-ME, FOB Indonesia, USD/mt Quality: Standard thickness 4mm, thickness range 4.0-8.0mm, width 1520mm, Mill Edge, conforming to ASTM A480/A480M. Brand Listing: ITSS, GCNS, OSS Definition: FOB Indonesia main ports Unit: USD/tonne Quantity: Min 20 tonnes Timing: 1-3 Months Publication Time: Daily, by 11:00 am Jakarta Time (Working Days) Payment Terms: L/C / TT at sight in USD, or other payments normalized. 2. Product Name: 304L/2B Coil-ME, FOB Indonesia, USD/mt Quality: Standard thickness 2mm, thickness range 1.5-2.0mm, width 1240mm, Mill Edge, conforming to ASTM A480/A480M. Brand Listing: Yongwang, Ruipu, IMR ARC Steel Definition: FOB Indonesia main ports Unit: USD/tonne Quantity: Min 20 tonnes Timing: 1-3 Months Publication Time: Daily, by 11:00 am Jakarta Time (Working Days) Payment Terms: L/C / TT at sight in USD, or other payments normalized. For any inquiries, please contact the SMM Nickel & Stainless Steel Industry Research Department. SMM Nickel & Stainless Steel Industry Research Department December 18, 2025
PriceDec 18, 2025 17:50
Events
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