BNM IS NOW ON YOUTUBE!

BNM’s video profile is officially published on YouTube. By accessing the link, BNM Precision Stainless Steel, BNM welcomes viewers to observe full plant layout, as well as experience entire up-to-date mechanism of BNM’s facilities.

Breaking News: EC commits breach of law

The European Commission has extended the anti-dumping measure on imports of stainless steel cold-rolled flat products originating in the People’s Republic of China and Taiwan. Despite major legal concerns raised by Gerber Group.

Steel procurement difficult, 49% German companies affected

49% of companies are having problems procuring steel products, according to recent surveys by the Association of German Chambers of Industry and Commerce.

Container rates to remain high into 2022

Global demand will continue to keep container rates up. At least until the Chinese Lunar New Year in 2022. Freight rates from India and Pakistan are also rising significantly due to a lack of containers and tight shipping schedules.

US CRC prices over $2,000 per short ton

In the United States, prices for cold-rolled coil and sheet and galvanized steel sheet have risen last week (16 July, 2021) to an all-time high of over $100 per cwt. And in South America, flat steel imports are becoming increasingly expensive due to high freight rates and significantly increased Chinese steel prices. 

EU extends steel safeguard measures

The European Union had declared on Friday, June 11, 2021, to extend the existing Safeguard measures by three (3) years and to increase the import quotas by only 3.00% per year. Read more https://bit.ly/3vsIDum