Nov 4, 2021 | Stainless Espresso
November 4, 2021 – US Federal Reserve announces start of tapering. Financial aid to end by mid-2022. Market reacts positively. Stainless steel demand in China picks up due to good sentiment. EU and US aluminium associations dissatisfied with quota solution in...
Nov 3, 2021 | Stainless Espresso
November 3, 2021 – Steel demand is increasing worldwide. One of the reasons is the outlook for 3.3 million tonnes of steel to be sold from Europe to the United States. Asian industries are increasingly coming out of lockdown. Aluminium prices are stabilising....
Nov 2, 2021 | Stainless Espresso
November 2, 2021 – Stainless steel price corrections limited. After coal prices were adjusted in China, other products such as stainless steel and nickel also corrected. However, these corrections are very limited. The United States is flying home with a victory...
Nov 1, 2021 | Stainless Espresso
November 1, 2021 – The EU-US dispute over steel and aluminium tariffs has been paused for the time being. Agreement has been reached on a quota system for European steel exports to the United States. But are all sides satisfied with this or has the solution...
Oct 31, 2021 | Stainless Espresso
October 31, 2021 – The United States and the European Union have reached an agreement in the steel and aluminium dispute. According to media reports, the European steel industry has received a tariff rate quota of 3.3 million tonnes of steel for exports to the...