Mar 18, 2022 | Stainless Espresso
18 March 2022 – There are increasing voices that the owners of the London Metal Exchange have only intervened in nickel trading to save themselves and certain parts of their cronies. Real trading does not seem to be taking place on the LME with regard to nickel....
Mar 17, 2022 | Stainless Espresso
Anti-subsidy duties not unexpected, but justification highly political. On 16 March 2022, the EU announced that it will impose anti-subsidy duties on imports of cold-rolled stainless steel from India and Indonesia. These are market protection duties of more than 40%...
Mar 17, 2022 | Stainless Espresso
March 2022 – The EU has imposed sanctions on steel from Russia and Belarus. At the same time, it has redistributed Safeguard quotas on certain steel products for these countries. The nickel trade remains the dominant topic on the LME. And the US Federal Reserve...
Mar 16, 2022 | Stainless Espresso
16 March 2022 – Nickel prices remain very high. But was there really a price drop this morning before the LME stopped trading nickel again? Are there any reliable prices at all at the moment? Let’s take a quick look. Source
Mar 16, 2022 | Stainless Espresso
16 March 2022 – As announced, the LME this morning reset the price of nickel to the level of 7 March 2022. Available nickel lots on LME down 90%? Iran wants to introduce export taxes on steel and raw materials. In China, nickel and stainless steel prices...
