Breaking News: China, EU aluminium anti-dumping suspension lifted

May 25, 2022 | Stainless Espresso

25 May 2022 – As we have just learned, the suspension of the EU anti-dumping measure on flat rolled aluminium products originating in China (AD668) has not been extended by the European Commission. As of July 12, 2022, anti-dumping duties will again be imposed...

Stainless Espresso: Indonesian export ban on low content nickel products

May 25, 2022 | Stainless Espresso

25 May 2022 – Indonesia plans to introduce an export ban on low grade nickel products with nickel content below 60%. This is likely to exclude many nickel pig iron, sulfate and also nickel matte products from the international market. British trade authority...

Stainless Espresso: India, are EU steel producers now raising prices?

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....

Breaking News: Actual Indian stainless steel exports already hit with 15% tax

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...

Stainless Espresso: India imposes up to 50% export taxes on iron ore, stainless steel, steel

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...