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South Korea: Steel scrap imports soar – Stainless Espresso 

South Korea: Steel scrap imports soar – Stainless Espresso 

Aug 2, 2023 | Stainless Espresso

2 August 2023 – Steel scrap imports to South Korea climbed to their highest level in 13 months in June 2023. Good market sentiment in South Korea largely responsible. And China unveils comprehensive package of measures to support private sector, especially small...
Taiwan: Rising stainless steel prices in August 2023 – Stainless Espresso

Taiwan: Rising stainless steel prices in August 2023 – Stainless Espresso

Aug 1, 2023 | Stainless Espresso

1 August 2023 – Stainless steel prices in Taiwan continue to rise in August 2023, and prices in the European Union have also increased, sometimes significantly. And in Asia, commodity prices continue to rise. SHFE copper stocks continue to fall. Source
Top German economist: “Hysteria is getting on the nerves” – Stainless Espresso

Top German economist: “Hysteria is getting on the nerves” – Stainless Espresso

Jul 31, 2023 | Stainless Espresso

31 July 2023 – The top German economist and advisor to the Federal Ministry of Finance Lars Feld gave a fascinating interview on the development of the economic situation in Germany and spoke from the heart: “Hysteria is getting on the nerves”! And...
EU import quotas for some steel products already exhausted – Stainless Espresso

EU import quotas for some steel products already exhausted – Stainless Espresso

Jul 28, 2023 | Stainless Espresso

28 July 2023 – Everything so bad in the market? It doesn’t seem so, as it turns out that some of the Safeguard import quotas are already well filled, such as for stainless steel bars. And US homebuilder stocks are up a good 50% since the beginning of the...
EU stainless steel producers signal rising prices – Stainless Espresso 

EU stainless steel producers signal rising prices – Stainless Espresso 

Jul 27, 2023 | Stainless Espresso

27 July 2023 – Spanish stainless steel producer Acerinox, in releasing its Q2 and H1 2023 results, also indicated that destocking in Europe is almost complete and prices are expected to rise. And the DOW Jones Index continues to rise for the 13th day in a row. ...
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