Steel News

We strive to let you one step ahead of the market.

Acerinox predicts optimistic market for H2 2021

13 May 2021 16:21 reported by Huda Chen

A A A
Acerinox, a Spanish stainless steel group, indicated that it was optimistic about the second half of 2021, with 80% more orders than in March 2020, 40% more than in March 2019.

The demand in all stainless steel consumer industries is good, and orders for alloys are also stable, which means that its VDM Metals in Germany will also start to recover since June.

In the first quarter, the output of Acerinox's smelter was 650,000 tons, a year-on-year increase of 9% and an increase of 8% from the fourth quarter of 2020.

Acerinox mentioned that it is rebuilding inventories along with the supply chain consumer sectors such as automobiles, food processing, and household goods to boost demand and increase profit margins.

Back to Steel News

Related News

South Korea extends provisional AD duties on China’s stainless steel plates

  • Stainless Steel
  • 8 Jul 2025 16:33

Tsingshan Holding Group to buy POSCO’s stainless steel subsidiaries in China

  • Stainless Steel
  • 7 Jul 2025 14:34

US announces preliminary AD ruling on Taiwan’s stainless steel coils

  • Stainless Steel
  • 7 Jul 2025 14:02

Taiwan’s Yusco to file AD complaint against stainless steel cold-rolled imports from Vietnam

  • Stainless Steel
  • 7 Jul 2025 12:17

LME nickel futures hit one-month high on Jul 3

  • Stainless Steel
  • 4 Jul 2025 14:36

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,671.50
  • 2,695.00
  • Aluminum
  • 2,565.50
  • 2,564.00
  • Copper
  • 9,892.00
  • 9,815.00
  • Nickel
  • 14,915.00
  • 15,100.00

Learn more