Stainless Espresso: Steel tariffs just “much ado about nothing”?

May 18, 2021 | Stainless Espresso

After weeks of negotiations, the United States and the European Union have agreed that the EU will not impose further tariff increases on US products. In exchange, the EU gets talks on excess capacities in steel and aluminum. EU and US: Let’s talk about excess...

Stainless Espresso: How are metal inventories developing in China?

May 17, 2021 | Stainless Espresso

Let’s take a look at the development of metal inventories in China today. Especially for aluminum billets it has gone down there by 24% in the past week. And the nickel outlook is still robust and expandable with demand and price development according to analyst...

Stainless Espresso: Will EU-US steel tariffs fall on Monday?

May 15, 2021 | Stainless Espresso

In recent days there have been increasing suspicions and rumors that, at least temporarily, steel tariffs (and other metal products such as aluminum) could fall between the European Union and the United States. Are EU and U.S. putting mutual steel tariffs on hold for...

Stainless Espresso: Is the EC moving away from the EU steel lobby?

May 14, 2021 | Stainless Espresso

Is the European Commission distancing itself from the EU steel lobby? The EC seems to have a new focus when deciding on a possible extension of EU Safeguard measures. Which a recent video with Executive Vice President Vladis Dombrovskis suggests (video in article)....

Stainless Espresso: Scrap prices over 500 $ per ton

May 13, 2021 | Stainless Espresso

After inflation concerns in the U.S., non-ferrous metals have weakened on the LME and SHFE. On the other hand, iron ores continue their upward trend and have risen above $235 per ton. In addition, steel and scrap prices are unimpressed and continue to rise. A ton of...