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Stainless Espresso: Growing demand for raw materials in emerging countries

Aug 2, 2022 | Stainless Espresso

2 August 2022 – The emerging countries in particular have a growing demand for raw materials. India alone would need at least 16 million tonnes of aluminium per year to meet the growing demand. Especially in the defence, aerospace, transport and alternative...

Stainless Espresso: Nickel futures up almost 30% since mid-July 2022

Aug 1, 2022 | Stainless Espresso

1 August 2022 – Nickel prices have been rising again for a fortnight. On the LME already by about 30%. On the SHFE even more. The new state-owned commodity giant China Mineral Resources Group is to consolidate China’s purchasing power on the global...

Stainless Espresso: Asian base metals positive at the turn of the month

Jul 29, 2022 | Stainless Espresso

29 July 2022 – The Asian SHFE continued its positive trend in base metals today. A positive signal at the turn of the month. European futures are also friendly. Source

Stainless Espresso: Dangerous loophole, boron in Indian steel saves export tax

Jul 28, 2022 | Stainless Espresso

28 July 2022 – Indian steelmakers are adding boron to their steel alloys to avoid export tax. This is what Indian media report. However, the addition of boron in even the smallest quantities significantly changes the composition of the steel. This poses great...

Stainless Espresso: EC launches anti-circumvention investigation against stainless steel

Jul 27, 2022 | Stainless Espresso

27 July 2022 – EC launches anti-circumvention investigation against stainless steel imports from Turkey. Suspicion: deliberate circumvention of anti-dumping measures against hot rolled stainless steel sheets and coils originating in Indonesia. Economic booster:...
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Gerber Steel South-West

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