Jul 12, 2021 | Stainless Espresso
The Chinese government has ordered major steel producers in China to cut production significantly and keep it at 2020 levels. For many steelmakers this means cutting monthly production by 20 to 30% or even shutting down entire blast furnaces. In the United States, the...
Jul 10, 2021 | Stainless Espresso
The sale of Acciai Speciali Terni is drawing closer. Two bidders are said to still be in the running for the Italian flat steel producer, which is to be sold by its parent company ThyssenKrupp. Acciai Speciali Terni: Two steel groups interested in purchase In the...
Jul 9, 2021 | Stainless Espresso
The European Commission’s Safeguard extension was not only a slap in the face for European downstream steel consumers, but is increasingly proving to have been made with a hot needle. Already in the notification to the WTO, we were able to prove that the EU had...
Jul 8, 2021 | Stainless Espresso
EU aluminum buyers are facing rapidly rising aluminum premiums. And according to manufacturer information, this trend is expected to continue in the coming months. The shortage of steel in the EU continues. And analysts for the United States also in the near future a...
Jul 7, 2021 | Stainless Espresso
After a short fall in base metal prices yesterday afternoon, the market has already recovered. The reasons for this are speculative so far and, depending on the analysts’ opinion, are due to inflation fears, possible new Chinese production restrictions or oil....
