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Stainless Espresso: 25 steel producers must shut down plants

Stainless Espresso: 25 steel producers must shut down plants

Jun 2, 2021 | Stainless Espresso

The next round of government measures to replace capacity and control emissions is starting in Tangshan, China. 25 steel producers must shut down plants. Chinese Chromium up almost $500 per ton on June 1. Industrial metals in stronger demand in the United States. And...
Stainless Espresso: Waiting is not an option at present!

Stainless Espresso: Waiting is not an option at present!

Jun 1, 2021 | Stainless Espresso

In South Korea, prices for automotive steel are being increased for the first time in 4 years. In Europe, the flat steel availability crisis could worsen. And on LME and SHFE, nickel and stainless steel futures continue to rise. Waiting is currently not an option on...
Stainless Espresso: Available cargo space top trade topic again

Stainless Espresso: Available cargo space top trade topic again

May 31, 2021 | Stainless Espresso

The global economic recovery is progressing. This can be seen from the latest reports, especially from Asia. Order books are full, factories are working at full speed, warehouses in Asia are becoming increasingly crowded – but getting hold of freight capacity...
Stainless Espresso: Is China setting the pace for CO2 reduction?

Stainless Espresso: Is China setting the pace for CO2 reduction?

May 30, 2021 | Stainless Espresso

China has drastically increased the speed at which it wants to achieve carbon neutrality. CISA now reports that 620 million tons of annual production have already been converted to low emissions. Germany again reports shortages of wood and steel, threatening its...
Stainless Espresso: India and Indonesia hit with provisional anti-dumping duties

Stainless Espresso: India and Indonesia hit with provisional anti-dumping duties

May 28, 2021 | Stainless Espresso

The European Commission has published today, May 28, 2021, the provisional anti-dumping duties on stainless steel products from India and Indonesia and now enter into force. Anti-dumping duties for India and Indonesia As a result, anti-dumping duties are now in place...
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