Stainless steel: Market expects further price increases – Stainless Espresso

Apr 19, 2023 | Stainless Espresso

19 April 2023 – Market voices from various stainless steel producing countries expect price increases in the short term. Prices for stainless steel scrap have risen, in some cases significantly. And the Worldsteel Association expects some significant increases...

EC extends anti-dumping measure to stainless steel from Turkey – Stainless Espresso

Apr 18, 2023 | Stainless Espresso

18 April 2023 – The European Commission has announced the final results of the anti-circumvention investigation against hot rolled stainless steel from Indonesia via Turkey and extends the anti-dumping measure. European gas prices are stabilising more and more....

Nickel up almost 10% since the beginning of April – Stainless Espresso

Apr 17, 2023 | Stainless Espresso

17 April 2023 – Nickel prices in Asia and Europe have increased between 7.5 to about 10% since the beginning of April. Stainless steel prices continue to rise. Market conditions are robust and positive, US dividends are growing. And it’s all scrap: the big...

CBAM: The big dirty hole in the EU CO2 tax – Stainless Cappuccino

Apr 17, 2023 | Stainless Espresso

17 April 2023 – CBAM or the European Union Carbon Border Tax is an important component of the European Green Deal. Although the measure is supposed to contribute to a reduction of CO2 emissions, it is becoming more and more apparent that the EU’s own...

EU stainless steel anti-dumping measure against China and Taiwan extended – Stainless Espresso

Apr 14, 2023 | Stainless Espresso

14 April 2023 – The anti-dumping measure against stainless steel tube and pipe butt-welding fittings originating in China and Taiwan has been extended. Up to 64.9% anti-dumping duties. SHFE nickel continues to rise. And what is behind the EU Corporate...