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Stainless Espresso: EU quota solution worries U.S. steel lobby

Stainless Espresso: EU quota solution worries U.S. steel lobby

Sep 9, 2021 | Stainless Espresso

September 9, 2021 – Rumors of a possible quota solution to the steel dispute between the United States and the European Union has now put the U.S. steel lobby on notice. It is expressing its concerns about EU overcapacities, the high CO2 burden of European steel...
Stainless Espresso: Higher infrastructure investment in China

Stainless Espresso: Higher infrastructure investment in China

Sep 8, 2021 | Stainless Espresso

September 8, 2021 – The current news situation is rather quieter today. Therefore, today we only take a brief look at the general figures on the metal markets and give a small outlook on Chinese imports and exports in August 2021 and upcoming infrastructure...
Stainless Espresso: China to cut steel production until at least March 2022?

Stainless Espresso: China to cut steel production until at least March 2022?

Sep 7, 2021 | Stainless Espresso

September 7, 2021 – According to the latest reports, China will cut steel production until at least March 2022. It is worth noting that this time the order will be issued at national Chinese level rather than the traditional local level. EU steel prices for...
Stainless Espresso: Aluminum prices pick up due to coup in Africa

Stainless Espresso: Aluminum prices pick up due to coup in Africa

Sep 6, 2021 | Stainless Espresso

September 6, 2021 – A coup took place in the African state of Guinea over the weekend. Guinea is also considered China’s most important bauxite supplier. Aluminum prices on SHFE and LME are already reacting. Stainless steel futures have risen sharply today...
Stainless Espresso: Chinese Nickel pig iron price at new highs

Stainless Espresso: Chinese Nickel pig iron price at new highs

Sep 5, 2021 | Stainless Espresso

September 5, 2021 – Chinese Nickel pig iron (NPI) prices have climbed to a new high despite further production cuts for Chinese stainless steel mills in August and September 2021, which should further underline the shortage of NPI and nickel ore. And steel...
Stainless Espresso: More than 3,000 wind turbines for an EU steel mill?

Stainless Espresso: More than 3,000 wind turbines for an EU steel mill?

Sep 3, 2021 | Stainless Espresso

September 3, 2021 – The green transformation in Europe is coming. But so far no one knows where the energy and hydrogen will come from. A German steel mill alone would need 3,000 wind turbines to meet its energy needs. Will Chinese anti-dumping duties on...
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