Safety Incident - US Steel's Clairton Coke Works facility in Pennsylvania experienced a fatal blast, resulting in two worker deaths [1] - The incident occurred during the flushing of a gas valve in preparation for planned maintenance [1]

setting tariffs uh next week and the week after on steel and on chips and semiconductors. We have hundreds of factories all over the country and that includes auto factories, AI factories. If they don't open here, they have to make in some cases 200% 300%.I haven't even set some of the tariffs. ...

ToplineThe Dow Jones Industrial Average and S&P 500 rose to new record highs Friday, as the Dow benefited from UnitedHealth Group’s stock pacing its largest single-day gain in nearly five years in the wake of Warren Buffett’s Berkshire Hathaway disclosing a stake in the beleaguered insurer. Warren Buffett owned UnitedHealth shares before selling his stake in 2010, though his Berkshire Hathaway recently acquired shares.Copyright 2018 The Associated Press. All rights reserved.Key FactsThe Dow added nearly 300 ...

Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) has disclosed a substantial new investment in UnitedHealth Group Inc. (NYSE: UNH), acquiring 5,039,564 shares last quarter at a reported average purchase price of $311.97 per share. The position, valued at exactly $1,572,193,000 at the time of purchase, marks one of Berkshire’s most notable new entries in Q2 2025.UnitedHealth closed Thursday’s session at $271.49, down 0.12%, but surged 12.52% in pre-market trading Friday to $305.48. While the stock remains b ...

China deepened a trade spat with Canada, filing a lawsuit at the WTO over import restrictions on steel just days after slapping fresh duties on Canadian canola https://t.co/q1i3z9xA9K ...

商务部新闻发言人答记者问：8月15日，中方在世贸组织起诉加拿大钢铁等产品进口限制措施。加方无视世贸组织规则，出台钢铁关税配额措施，并对含所谓“中国钢铁成分”等产品加征歧视性关税，是典型的单边主义和贸易保护主义做法，损害中方合法权益，扰乱全球钢铁等产业链供应链稳定。中方对此强烈不满，坚决反对。 ...

新质生产力、科技创新、产业创新、城市更新……这些都是向新向好之"表"。细究其"里"，则是发 展理念之新、发展格局之新。 习近平总书记强调："要坚持稳中求进工作总基调，完整准确全面贯彻新发展理念，加快构建新发 展格局"。 7月30日召开的中共中央政治局会议指出："坚持以科技创新引领新质生产力发展，加快培育具有国 际竞争力的新兴支柱产业，推动科技创新和产业创新深度融合发展。" ——看中国经济之"新" 向新向好，高质量发展的必然要求。 创新中国，活力澎湃；向新而行，以质致远。"以自强不息的精神奋力攀登，到处都是日新月异的 创造。" 打造新引擎—— 增加高质量科技供给，以科技创新引领新质生产力发展 中共中央政治局会议指出："坚持以科技创新引领新质生产力发展"。 实验正进入关键环节——经透射电镜5000倍放大，固态电池内部短路的全过程被精准捕捉。今年7 月，中国科学院金属研究所研究员王春阳带领团队成功揭示固态电池短路机理，为新型固态电池的开发 提供了理论依据。 "我们发现，在锂离子输运过程中，固态电解质中的缺陷会诱导锂枝晶生成，并贯通形成微米级导 电通道，使'软短路'最终演变为'硬短路'，导致电池失效。"王春阳说。 近 ...

Chinese steel and coal output fell in July, as bad weather affected operations and the government’s efforts to rein in overcapacity intensified https://t.co/jQDaflXQ9o ...

Nippon Steel promised to spend $14 billion to keep U.S. Steel’s aging plants humming for decades. A deadly blast at a mill near Pittsburgh will test the Japanese steelmaker’s resolve. https://t.co/ILd0CXu7I2 ...

Core Viewpoint - The global austenitic stainless steel market is projected to reach $128.1 billion by 2031, with a compound annual growth rate (CAGR) of 3.7% from 2025 to 2031 [1][10]. Market Overview - Austenitic stainless steel is the most produced and widely used type of stainless steel, known for its excellent corrosion resistance, good plasticity and toughness, and non-magnetic properties [1]. - Major global producers include Tsingshan, China Baowu Steel, Outokumpu, and Jindal Stainless, with the top ten manufacturers holding approximately 59.0% of the market share in 2022 [5]. - The 300 series accounts for about 75.0% of the market share in terms of product type, while the food processing and catering sector is the largest downstream market, representing approximately 26.1% of the demand [7]. Key Drivers - The demand for austenitic stainless steel is driven by its superior performance and extensive applications across various core industries. Key drivers include: - Continuous investment in construction and infrastructure, where austenitic stainless steel is preferred for its corrosion resistance and aesthetic appeal [10]. - Increased demand in the automotive industry for lightweight, high-strength, and corrosion-resistant materials, particularly in the context of electric vehicles [10]. - Stable demand from the energy and heavy industries, including oil and gas, chemicals, and power sectors, due to stringent requirements for corrosion and high-temperature resistance [10]. - Growing requirements in food processing, medical devices, and pharmaceuticals for hygienic and non-toxic materials, driven by population growth and heightened health awareness [10]. Challenges - The austenitic stainless steel market faces challenges such as: - High and volatile raw material costs, particularly for key alloying elements like nickel and chromium, which are influenced by global supply-demand dynamics and geopolitical factors [13]. - Competition from alternative materials, including duplex stainless steel and high-performance plastics, which may offer better strength and corrosion resistance in certain applications [13]. - Economic uncertainties and rising trade protectionism that could lead to market demand fluctuations and supply chain disruptions [13]. - Increasingly stringent environmental regulations and requirements for energy consumption and carbon emissions, which impose higher technical and cost demands on manufacturers [13]. Opportunities - The austenitic stainless steel industry has multiple growth opportunities, including: - Industrialization and urbanization in emerging economies, leading to significant demand for infrastructure and consumer goods [14]. - Growing demand for high-value and customized products, prompting companies to develop specialized grades for specific corrosive environments or extreme temperature conditions [14]. - Advancements in recycling technologies and the adoption of green manufacturing practices, enhancing resource efficiency and reducing environmental impact [14]. - Integration of new material technologies and advanced manufacturing processes, such as 3D printing and surface modification, expanding application boundaries and improving performance [14]. - Rapid growth in demand for high-performance stainless steel in sectors like renewable energy, environmental engineering, and high-end equipment manufacturing, creating new market segments and profit opportunities [14].