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Stainless Espresso: Nickel production surplus unlikely in 2022?

May 3, 2022 | Stainless Espresso

3 May 2022 – The International Nickel Study Group (INSG), which consists mainly of consumer countries, announced in April 2022 that it assumed a nickel production surplus for 2022. The INSG had already significantly overestimated the situation in 2021. This...

Stainless Espresso: Stainless steel prices in the EU continue to rise

May 2, 2022 | Stainless Espresso

2 May 2022 – After the EU stainless steel producers had already increased the alloy surcharges for May, a large Italian stainless steel producer is now following suit and increasing prices by more than 43% in some cases. Nickel production remains under pressure...

Stainless Espresso: Stainless steel producer loses EU anti-dumping case

Apr 29, 2022 | Stainless Espresso

29 April 2022 – In the seven-year old case before the EU Court of Justice against the EU anti-dumping measure on flat-rolled stainless steel imports from Taiwan and China, the plaintiff has suffered a final defeat in the second instance. Temperatures of more...

Stainless Espresso: World Bank, metal prices to remain at historically high levels

Apr 28, 2022 | Stainless Espresso

28 April 2022 – The World Bank has predicted metal prices at historically high levels in 2022 and also in 2023. Ferrochrome prices rise significantly in Europe and Asia. No correction in steel prices expected. And global nickel consumption continues to increase....

Breaking News: Ukraine – EU intends to lift all import duties and quotas

Apr 27, 2022 | Stainless Espresso

EC announces intention to lift tariffs and quotas for Ukraine 27 April 2022 – According to a EC press release, this includes all safeguard quotas on certain steel products and anti-dumping measures by the European Union against exports from Ukraine. The European...

Stainless Espresso: EU aluminium anti-dumping suspension over?

Apr 27, 2022 | Stainless Espresso

27 April 2022 – Has the suspension of the European anti-dumping measure on flat-rolled aluminium imports from China come to a quick end? Nickel prices on SHFE rose significantly again today. And aluminium prices are holding steady at a high level with an upward...
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