Our 2026 Chinese New Year holiday schedule runs from February 11 to February 23. As we welcome the Year of the Horse, we extend warm wishes to our customers, partners, and colleagues for a joyful, prosperous, and successful year ahead.
LME nickel prices remain firm near USD 18,000/MT, limiting downside risks for stainless steel costs. This stability continues to support production pricing for austenitic grades and reduces the likelihood of near-term price concessions across the stainless steel supply chain.
A snapshot of recent London Metal Exchange (LME) base metal price movements, highlighting short-term trends in nickel, copper, aluminum, and zinc based on actual market data.
China’s stainless steel exports declined in September 2025 amid weak overseas demand, while imports increased, reflecting steady upstream activity despite sluggish downstream consumption. The data highlights shifting trade dynamics and strategic challenges for Chinese stainless steel producers.
The European Union has proposed stricter steel import quotas and higher tariffs, potentially reshaping global stainless steel trade flows. The policy may significantly impact exporters, EU market pricing, and supply chains worldwide.