Tsingshan Holding Group's cold-rolled line in India was already under equipment installing process. If the progress moved smoothly, the cold-rolled coil (CRC) line was expected to be put into production in May to June this year.

The price of nickel went up over US$100/ton again on April 12th, and it came to US$13,800/ton at present.

Yieh United Steel Corp. (Yusco) and Tang Eng Iron Works Co., Ltd., the largest integrated stainless steel mills in Southeast Asia, announced their market price for April.

The Korea Iron and Steel Association stated that the stock of South Korean stainless steel cold-rolled sheet came to around 97,000 tons in February.

Hot rolled coil is produced as a feedstock for cold rolled coil and coated coil, but also for direct use in a variety of industrial applications including steel tubes used in transport, construction, shipbuilding, pressure vessels and energy pipelines...