Oct 16, 2021 | Stainless Espresso
October 16, 2021 – Nickel and aluminium, along with copper and zinc, staged a strong rally on Friday. While copper closed at more than $10,000 per tonne and zinc is at more than $3,800 per tonne, nickel briefly jumped back above $20,000. Aluminium joined the...
Oct 15, 2021 | Stainless Espresso
October 15, 2021 – Russian aluminium giant Rusal wants to export more aluminium to China. Italian demand for HRC increases significantly. Is the EU market for heavy plates becoming bullish? And steel scrap prices up more than 8.5%. Rusal to significantly expand...
Oct 14, 2021 | Stainless Espresso
October 14, 2021 – Taiwan has announced its intention to introduce a carbon pricing mechanism by 2023 along the lines of the EU’s carbon border tax (CBAM). Chinese metal imports increased significantly in some cases in September. Copper prices up by more...
Oct 13, 2021 | Stainless Espresso
October 13, 2021 – Chinese aluminium capacity continues to decline. In the EU, the first steel producers have to reduce their EAF production due to rising energy costs. Iron ore rises significantly again. Stainless steel prices are expected to rise in October....
Oct 12, 2021 | Stainless Espresso
October 12, 2021 – The European Commission has concluded the anti-dumping investigation against flat-rolled aluminum products originating in China and set definitive anti-dumping duties of up to 24.6%. At the same time, it has suspended the measure for 9 months...
Oct 11, 2021 | Stainless Espresso
October 11, 2021 – Prices for steel and aluminum found further support in the United States. Demand for scrap remains firm. Despite subdued demand in some areas, prices remain just below record levels. Freight costs already picking up again after brief dip, as...
