India: ISI marking becomes mandatory for stainless steel products – Stainless Espresso

Jul 9, 2024 | Stainless Espresso

9 July 2024 – The Indian government has made ISI marking mandatory for certain stainless steel and aluminium products. As recently as June 2024, a possible case of customs fraud with fake BIS certificates for stainless steel in India caused a stir. And the...

Stainless steel prices rise in Southeast Asia – Stainless Espresso

Jul 8, 2024 | Stainless Espresso

8 July 2024 – A major Southeast Asian stainless steel manufacturer has announced price increases. The Japanese economy is on course for growth. And the LME delists two nickel brands from Finnish producer Norilsk Nickel Harjavalta Oy. Source

SHFE stainless steel futures up for second week in a row – Stainless Espresso

Jul 5, 2024 | Stainless Espresso

5 July 2024 – Stainless steel futures on Asia’s SHFE have risen for the second week in a row. And iron ore prices on the DCE have risen by more than 4.5% this week. Source

German trade union demand: nationalize critical infrastructure – Stainless Espresso

Jul 4, 2024 | Stainless Espresso

4 July 2024 – Asian and European stock market quotations are in a positive mood today. And the demands and verbal attacks by the German Trade Union Confederation (DGB) for the nationalization of critical infrastructure in Germany seem like something from...

Raw material prices start the trading day with significant gains – Stainless Espresso

Jul 3, 2024 | Stainless Espresso

3 July 2024 – Raw material prices in Europe started the trading day significantly higher today and the share prices of many EU steel mills also recorded gains. And the EU wants to take action against the exploitation of duty-free allowances, which are currently...