Raw material prices rise again, SHFE adjusts price limits – Stainless Espresso

Jul 20, 2023 | Stainless Espresso

20 July 2023 – After SHFE adjusted margin ratios and stop limits for rebar, wire rod, hot rolled coil and stainless steel, among others, last week, Asian commodity prices continue to rise today. HRC prices increased, demand continues to rise? Source

Aluminum Sheet: US launches circumvention investigation – Stainless Espresso 

Jul 19, 2023 | Stainless Espresso

July 19, 2023 – The U.S. Department of Commerce (DOC) has launched a circumvention investigation into Common Alloy Aluminum Sheets from South Korea via China. Asian commodity prices continue to rise on Wednesday. And Stainless Espresso: Strong, hot and compact!...

China: Important course decisions expected – Stainless Espresso 

Jul 18, 2023 | Stainless Espresso

18 July 2023 – The Chinese Politburo’s decisions for the second half of 2023 are eagerly awaited, especially about interest rate developments. Commodity prices in Asia continue to be friendly. And scrap in parts of Asia scarce, pig iron demand therefore...

Stainless steel prices stable, increases expected from Taiwan – Stainless Espresso 

Jul 17, 2023 | Stainless Espresso

17 July – Stainless steel prices have stabilised further and Taiwanese market participants expect price increases for August, which are positively supported by a decline in production and the rebound in nickel, among other factors. From China, there are first...

Indonesian nickel export ban: EC moves to next level – Stainless Espresso 

Jul 14, 2023 | Stainless Espresso

14 July 2023 – The European Commission has launched public consultations on the Indonesian nickel export ban with a view to deciding on possible new punitive measures against Indonesia from autumn 2023. Next stage of escalation in the conflict with Indonesia?...