Mar 1, 2023 | Stainless Espresso
1 March 2023 – The new US Section 232 duties of 200% affect not only primary aluminium, but also intermediate and end products made with Russian aluminium. When can nickel still be mined economically? And Chinese stainless steel rolling mills have to stop...
Feb 28, 2023 | Stainless Espresso
28 February 2023 – The Tsingshan Group has suffered a first defeat in an EU court in its request to lift market protection measures against stainless steel imports into the EU. Stainless steel stocks continue to fall in China. Chinese workers sue Indonesia...
Feb 27, 2023 | Stainless Espresso
27 February 2023 – The US government will double punitive tariffs on many Russian metal products from 1 April 2023. These include aluminium, copper, lead and steel – but also nickel! Stainless steel scrap in China now economic alternative to NPI. And...
Feb 24, 2023 | Stainless Espresso
24 February 2023 – Iron ore prices are well above the level of the last 5 years. A rise to $150 per tonne possible. Steel is getting scarcer. China’s property market is coming back. And can the start of Asian overnight trading in nickel save the LME?...
Feb 23, 2023 | Stainless Espresso
23 February 2023 – Scrap exports from the EU are to be banned. This could be a boomerang for steel producers. Is the demand for a steel export ban coming? US HRC prices jump significantly upwards. Goldman Sachs sees rising commodity prices coming in 2023 with...
Feb 22, 2023 | Stainless Espresso
22 February 2023 – Russian mining group Norilsk Nickel seems to be thinking about stopping its sales to Europe. This could pose a huge problem for the EU, which gets about 50% of the important raw material from Russia. Stainless steel prices in China are rising....
