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World nickel production paints dramatic picture – Stainless Espresso

World nickel production paints dramatic picture – Stainless Espresso

Feb 8, 2023 | Stainless Espresso

8 February 2023 – A closer look at the worldwide nickel production paints a dramatic picture. Even if the figures of the U.S. Geological Survey suggest otherwise at first glance. The world has a nickel problem, with one exception. A US court upholds the Trump...
Stainless steel spot prices unimpressed – Stainless Espresso

Stainless steel spot prices unimpressed – Stainless Espresso

Feb 7, 2023 | Stainless Espresso

7 February 2023 – Despite new volatility in nickel prices, stainless steel spot prices remain unimpressed. Is the U.S. government considering imposing 200% tariffs on Russian aluminium? And will German steel producers receive government funding for research into...
Further price jumps for 316/316L stainless steel – Stainless Espresso

Further price jumps for 316/316L stainless steel – Stainless Espresso

Feb 6, 2023 | Stainless Espresso

6 February 2023 – The price jumps in the molybdenum-containing stainless steel grades 316 and 316L continued on Monday. A robust labour market is reported from the United States, which is already having an impact on the EUR-USD currency pair. And the automotive...
Molybdenum prices at record high, supply tight – Stainless Espresso

Molybdenum prices at record high, supply tight – Stainless Espresso

Feb 3, 2023 | Stainless Espresso

3 February 2023 – Molybdenum prices continue to rise. Pure molybdenum is more than $100,000 per tonne. Supply will be tight for years. Stainless steel producers already have to wait for molybdenum supplies. Molybdenum now also in hydrogen electrolyzers? Chromium...
EUROFER: How much money more? And who actually pays for it? – Stainless Espresso

EUROFER: How much money more? And who actually pays for it? – Stainless Espresso

Feb 2, 2023 | Stainless Espresso

2 February 2023 – The EU’s steel producers are worth an extra 325 billion euros over the next ten years alone. At the same time, European steel buyers are being asked to pay for free ETS certificates. And already more demands are coming from EUROFER....
Countervailing Duties against Chinese Stainless Steel? – Stainless Espresso

Countervailing Duties against Chinese Stainless Steel? – Stainless Espresso

Feb 1, 2023 | Stainless Espresso

1 February 2023 – The Indian government’s review process on countervailing duties (CVD) against Chinese stainless steel finally seems to be moving forward. The Indian stainless steel industry is eagerly awaiting the upcoming date. Molybdenum prices break...
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Gerber Steel South-West

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