Stainless steel pricing suspended in parts of Asia – Stainless Espresso

by Gerber Group | Dec 9, 2022 | Stainless Espresso

9 December 2022 – Stainless steel pricing has been suspended in parts of Asia due to drastically increased nickel and molybdenum prices. The WTO considers Section 232 tariffs to be irregular – is the climate club coming? Jealousy and protectionism continue...

Nickel jumps up more than 7.4% – Stainless Espresso

by Gerber Group | Dec 8, 2022 | Stainless Espresso

8 December 2022 – Nickel continues to rise significantly. On Wednesday alone by more than 7.4%. This means that the important stainless steel and battery metal is already up almost 24% on 25 November 2022. The LME commodity exchange is under increasing pressure...

New stainless steel shortages coming to US and EU in 2023? – Stainless Espresso

by Gerber Group | Dec 7, 2022 | Stainless Espresso

7 December 2022 – New stainless steel shortages are looming for the United States and the European Union. The factors currently available point to this, and analysts and market experts are already warning that stainless steel availability could again become very...

CO2 tariffs on Chinese steel planned? – Stainless Espresso

by Gerber Group | Dec 6, 2022 | Stainless Espresso

6 December 2022 – Are climate tariffs on Chinese steel products coming? Several media report that the United States and the European Union are working on new market protection instruments against China. USITC extends anti-dumping measure against stainless steel...

EU Steel Safeguard Review 2023 launched – Stainless Espresso

by Gerber Group | Dec 5, 2022 | Stainless Espresso

5 December 2022 – Last Friday, the EC launched the already announced Safeguard Review for 2023. Has the end of Safeguard now come? The prices for important stainless steel raw materials have risen significantly again in the past week. Especially for nickel,...