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Stainless Espresso: Aluminium smelter accident – prices jump due to shortage concerns

Nov 19, 2021 | Stainless Espresso

November 19, 2021 – After an accident at a large Chinese aluminium smelter in Yunnan province, aluminium prices jumped today by more than 3% in some cases. EU HRC prices are stable and are expected to rise further from January 2022. German group Thyssenkrupp is...

Breaking News: EU imposes anti-dumping on stainless steel from India and Indonesia

Nov 18, 2021 | Stainless Espresso

November 18, 2021 – The European Commission (EC) has today imposed final anti-dumping duties on cold-rolled stainless steel products from India and Indonesia. This means that anti-dumping duties of up to 35.3% will be imposed with immediate effect. EC imposes...

Stainless Espresso: US vehicle production picks up by 18.8% in October 2021

Nov 18, 2021 | Stainless Espresso

November 18, 2021 – The latest figures from the US Federal Reserve (FED) show that vehicle production in the United States rose by almost 19% in October 2021. Vehicle sales are also up 6% from the previous month. This points to an imminent end in the chip...

EC to ban export of steel and aluminium scrap to non-OECD countries

Nov 17, 2021 | Stainless Espresso

November 17, 2021 – The EC today presented its proposal for a new EU Waste Shipment Regulation. According to this proposal, all non-hazardous waste exports, including steel and aluminium scrap, to non-OECD countries should be banned. EC to ban export of steel...

Stainless Espresso: China’s alumina net imports at 2.59 million tonnes

Nov 17, 2021 | Stainless Espresso

November 17, 2021 – China’s net alumina import volume so far in 2021 has been around 2.59 million tonnes. This means that the Asian country remains one of the world’s most important buyers of the aluminium raw material. The automotive industry with...
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