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Asian nickel and copper prices rise – Stainless Espresso

May 10, 2024 | Stainless Espresso

10 May 2024 – Nickel and copper prices rose by up to 2.6% and 1.5% respectively in today’s trading on the Asian SHFE. However, the other base metals were also robust or up. And the reporting season in Europe is showing: Earnings growth is on the rise....

Ferrous scrap prices remain robust – Stainless Espresso

May 8, 2024 | Stainless Espresso

8 May 2024 – Ferrous scrap prices in the EU remain very robust. Stainless steel scrap continues its upward trend. And anti-circumvention results for cold rolled stainless steel bring significantly more transparency to the supply chain. Source

EU: AC findings on stainless steel published – Stainless Espresso

May 7, 2024 | Stainless Espresso

7 May 2024 – The EC today announced the final decisions in the ongoing anti-circumvention proceedings against stainless steel from Indonesia via Turkey, Vietnam and Taiwan. And once again demonstrated its technical incompetence. Further growth signals are coming...

Rising demand: South Korea reports increasing exports – Stainless Espresso

May 6, 2024 | Stainless Espresso

6 May 2024 – Several positive reports from the Asian and North American economic regions are reviving the markets. While export growth in South Korea has accelerated noticeably, the logistics sector is also reporting an increase in demand. And in China,...

China’s stainless steel market to remain high – Stainless Espresso

May 3, 2024 | Stainless Espresso

3 May 2024 – After the Labor Day celebrations in China, Asian analysts expect a further rise in the already increased demand for stainless steel. And according to the EU Commission, final energy consumption in Europe is to be reduced by up to 1.9% annually and...
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Gerber Steel South-West

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