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Stainless Espresso: Large South Korean rolling mill shut down

Oct 18, 2022 | Stainless Espresso

18 October 2022 – Another South Korean steel producer has to temporarily shut down a mill. This further fuels concerns there about the current availability of steel and stainless steel. Demand for stainless steel is picking up significantly not only in Europe...

Stainless Espresso: Stainless steel futures up

Oct 17, 2022 | Stainless Espresso

17 October 2022 – Asian stainless steel spot and futures prices rise at the beginning of the week. And China wants to focus its economy even more on the shift towards CO2 neutrality. Source

Stainless Espresso: Stainless steel availability with first gaps

Oct 14, 2022 | Stainless Espresso

14 October 2022 – The availability of stainless steel in the European Union is showing the first gaps for 304 and 316. Overland shipments remain a challenge. Mexico introduces export ban on certain scrap types. Asian nickel futures end the week up. Stainless...

Stainless Espresso: Is the US government banning Russian aluminium?

Oct 13, 2022 | Stainless Espresso

13 October 2022 – The US government is currently considering a ban on Russian aluminium and is already looking at several options. LME is coming under increasing political pressure. Customers are already looking for alternatives for Russian raw materials, even...

Stainless Espresso: Stainless steel in short supply?

Oct 12, 2022 | Stainless Espresso

12 October 2022 – In August and September 2022 there was a significant shortage of Chinese stainless steel. This trend could now continue for October. And a British court approves lawsuits over cancelled nickel deals against the London Metal Exchange....
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Gerber Steel South-West

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