[SMM Stainless Steel Market Flash] Dynaciate’s Johor Facility Includes 8 Stainless & Carbon Steel Fabrication Buildings

Indonesian authorities suspended over 50 mining firms during work plan inspections, while power issues are forcing Weda Bay industrial park to cut NPI output in June, keeping raw material costs elevated and global nickel prices high. As a result, Chinese Taiwan's upstream stainless steel mills are expected to announce flat-to-higher prices for June, following five consecutive months of increases. While semiconductor expansion and green energy infrastructure support local demand, sustained price hikes risk triggering buyer resistance among exporters. Market participants anticipate mills will balance high production costs against domestic market tolerance, pointing to a steady-to-slightly-higher pricing outcome.

[SMM Daily Comment: Bullish and Bearish Factors Intertwined, NPI Market Continued to Move Sideways] May 26, the SMM upstream sentiment index for high-grade NPI was 3.09, down 0.03 MoM, while the downstream sentiment index for high-grade NPI was 2, flat MoM.

EU authorities have repeatedly raised concerns over rerouting through third countries to avoid antidumping duties and over distortions associated with subsidized production. If the Commission succeeds in its appeal, the outcome could have broader implications for how the EU applies and enforces anti-circumvention measures in future steel trade cases.