India's JSW Steel has announced to acquire Welspun Maxsteel for about US$185.6 million.

JSW Steel, India's Largest Steelmaking Firm by Capacity, will Raise at Least R5,600 Crore by way of Debt in Fiscal 2015

CEO: Russia's MMK to Increase Steel Output by 6% in 2014

Steel industry is fully competitive in China, but it suffers serious overcapacity at present. It is analyzed that domestic market situation is twisted and it will certainly intensify industry chaos. In the twisted market, state-owned and non-state-owned are

[Ferro-Alloys.com] According to statistics, Japan’s imports of stainless steel products totaled 21,715 tons in April, falling by 4.7% from a month ago.

[Ferro-Alloys.com] Ukraine’s crude steel output dropped by 7% during the first five months to 11.38 million tons from the same period of last year, according to data released by the Ukrainian association of metal producers Metallurgprom.

According to the recent data published by the World Steel Association, the crude steel production by the African region declined by 2.5% during the month of April year-on-year.

[Ferro-Alloys.com] According to Stainless Steel Council of China Special Steel Enterprises Association (CSSC), China produced 5.084 million tons of stainless steel in Q1 2014, an increase of 15.42% compared to 2013.