Japanese Ministry of Finance said its country’s exports decreased sharply during November 2014, down 5.7% from previous month. Japan exports about 16% of its stainless to China, its biggest customer.

Sony says that a stainless steel version of the SmartWatch 3 will launch next month. The device itself will be just like Sony’s original SmartWatch 3, meaning that it’ll have a 1.6-inch 320×320 LCD, but it’ll have a more premium stainless steel body. They are also making a new SmartWatch 3 holder that’ll let you use the SmartWatch itself with any 24mm watch strap. The new SmartWatch 3 holder will launch in 2015.

Alcoa will acquire German castings producer Tital, in a move to strengthen its position in the jet engine components industry.

It seems with Euro”s issues and the fate of Greece, Spain and other weak countries in doubt, markets will continue to weaken. Good luck to us all!!! UK based MEPS said that stainless steel markets across the globe are experiencing slow business activity due to raising concern over economic conditions, seasonal buying patterns and low transaction values. Purchase volumes in majority of the European countries have reached record low values. Basis values are near to breakeven levels and the price of LME nickel has reached a record low value since 2009. Buyers are cautious as expected, considering the overall economic … Continue reading →

Flat-rolled stainless steel prices are said to be “all over the board,” with mills sticking to a recent price increase on smaller volumes but discounting larger volumes to certain customers