Stainless Espresso: South Africa, EC includes EPA country in Safeguard measure

Apr 22, 2022 | Stainless Espresso

22 April 2022 – EC includes EPA country South Africa in Safeguard measure. South Africa receives its own TRQs. Aluminium with false origin information? The us customs authorities have gathered enough evidence of origin misrepresentation to initiate an AD/CV duty...

Stainless Espresso: Taiwanese stainless steel prices rose by 8% in March

Apr 21, 2022 | Stainless Espresso

21 April 2022 – Import prices for flat-rolled stainless steel rose about 8% in Taiwan in March 2022. Nickel market is in deficit. LME nickel stocks down more than 72%. Source

Stainless Espresso: China significantly reduces steel production

Apr 20, 2022 | Stainless Espresso

20 April 2022 – China continues to significantly reduce steel production. In 2022 it is expected to fall by a further 12%. The US food industry is running out of aluminum. And India’s energy shortage is forcing aluminum and steel producers to cut...

Stainless Espresso: EU sanctions Russian aluminium imports

Apr 19, 2022 | Stainless Espresso

19 April 2022 – Russian aluminium appears on EU sanctions list. Chinese nickel price rises w-o-w by almost 14%. Steel demand continues to rise worldwide. And steel prices in Taiwan, Japan and China continue to rise for May 2022. Source

Stainless Espresso: EU HRC, plate, slab shortages without quick solutions

Apr 14, 2022 | Stainless Espresso

14 April 2022 – The EU is short of HRC, plates and slabs. This drives partly flowery wishes. Nickel prices continue to rise, in some cases by more than 5%. Source