Nickel stocks in Shanghai bonded zone declined, but may grow as demand for nickel briquettes softens

Japan's Chugai Ro has delivered an electrically heated continuous bright annealing line (BA3) to Romanian stainless steel producer Otelinox. Ordered in January 2023 and commissioned in December 2025, the line processes stainless steel strip with thicknesses of 0.07–1.0mm and widths of 600–1,320mm. By replacing conventional combustion-based heating with electricity, the facility eliminates direct carbon emissions from the annealing process, avoiding an estimated 2,770 mt of CO2 annually while maintaining product surface quality and brightness. Chugai Ro has now delivered seven bright annealing lines to Otelinox since 1977, including the producer's first electrically heated unit in 1995. The project is expected to strengthen Chugai Ro's European market presence as it expands sales of electric heat-treatment equipment supporting decarbonization and productivity improvement.

India's Jindal Stainless (JSL) is expanding its coin blank making capacity by 20% to 12,000 mt/year to meet rising global demand for non-paper currencies. Produced under high-security arrangements at JSL's Special Products Division in Hisar alongside razor blades and precision strips, the coin blanks are customized to exact mint specifications including size, diameter, thickness, shape, and alloy composition. JSL currently supplies unstamped coins to mints in India, France, Finland, Poland, the Netherlands, Malaysia, Slovakia, and the UK's Royal Mint. The company is targeting new markets and additional denomination orders, highlighting stainless steel's lower carbon footprint as a competitive advantage in securing further global contracts.

Japanese stainless steel producer Nippon Kinzoku has commenced mass production of ultra-thin, narrow-width stainless steel optimized for laser welding in ultra-fine insulin needles, establishing a stable supply system in response to growing global demand. As 30G, 31G, and 32G ultra-fine needles gain wider adoption driven by compact pen injectors and weight-management medications, laser welding is increasingly replacing traditional TIG and plasma welding, enabling welding speeds over significantly thinner base materials. The new material features a representative thickness of 0.08mm and width of 6.3mm, more than 50% thinner than the 0.2mm/12.8mm specification used for TIG/plasma welding — with high-precision dimensional tolerances, consistent weldability across coils of up to 4,000 meters, and sufficient workability for drawing into ultra-fine needles without fracture. Nippon Kinzoku already supplies its NK-304NKM specialized stainless steel for thin-walled welded tubes used in medical and cosmetic applications.