May 24, 2022 | Stainless Espresso
24 May 2022 – Already on Monday after India’s announcement of a 15% export tax on steel and stainless steel, global HRC prices rose by up to 4% in some cases. Market participants expect that EU steel producers will now also adjust their prices upwards....
May 23, 2022 | Stainless Espresso
23 May 2022 – Market sources report that Indian stainless steel manufacturers have already reacted to the export tax on steel and stainless steel introduced by the government. Previously, the Indian media had assumed that this would be to the detriment of...
May 23, 2022 | Stainless Espresso
23 May 2022 – India has imposed new export taxes on iron ore, stainless steel and steel on 21 May 2022, some of them of up to 50%. According to the Indian government, to keep important raw materials in the country. The International Energy Agency (IEA) pointed...
May 20, 2022 | Stainless Espresso
May 20, 2022 – The nickel price on the LME exited trading yesterday (Thursday) up more than 8%. Dip-buying due to the current market outlook for commodities – scarcity, high demand and 800 billion investment in offshore energy alone by 2050 – is...
May 19, 2022 | Stainless Espresso
19 May 2022 – Already prepared? Something is rolling towards us. 300 billion euros in renewable energy. Significantly reduced duration of approval procedures for wind power and solar energy plants. Ukraine is pushing Russia back. And China is coming out of...
