Stainless Espresso: EC again admits errors in Safeguard extension

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...

Stainless Espresso: Aluminum premiums for EU buyers are rising fast

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...

Stainless Espresso: European steel no longer competitive?

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....

Stainless Espresso: Stainless Steel Price Rally 2021

Jul 6, 2021 | Stainless Espresso

Stainless steel price rally still in focus. While many market participants are hoping for the traditional summer break, it seems to be absent this year. Which is not surprising in view of the pre-Corona period, investment backlogs, material shortages and...

Stainless Espresso: Metal prices with a strong start on Monday

Jul 5, 2021 | Stainless Espresso

On Monday we like to look at the markets and can make out a strong start to the week. In Asia, spot and contract prices increased on June 5, 2021. In some cases even very significantly, such as Dalian Iron Ore with over 5%. Or aluminum with more than 2.85%. In Europe,...