Jul 20, 2021 | Stainless Espresso
After brief Covid19 concerns, base metals had executed a slight downward correction on a broad front yesterday, Monday, July 19, 2021. Today, the prices of nickel, aluminum, copper and others are already rising again. In the United States, nickel premiums are in short...
Jul 19, 2021 | Stainless Espresso
In Europe, particularly in Germany and the BENELUX states, further delivery delays and major technical problems are reported at some coil product producers. Nickel is rising on the LME and SHFE. In China, there is hot demand for nickel ores and NPI. And Chinese...
Jul 17, 2021 | Stainless Espresso
In the United States, prices for cold-rolled coil and sheet and galvanized steel sheet have risen last week (16 July, 2021) to an all-time high of over $100 per cwt. And in South America, flat steel imports are becoming increasingly expensive due to high freight rates...
Jul 16, 2021 | Stainless Espresso
In China, nickel and stainless steel prices have increased significantly today, Friday, July 16, 2021. Stainless steel futures on the SHFE rose up to 6.7% in the interim. Nickel on the LME briefly above $19,000 per ton. The European Green Deal “Fit for 55”...
Jul 15, 2021 | Stainless Espresso
The EC has further exacerbated the supply situation for aluminum in the European Union with a recent anti-dumping decision. In the United States, nickel briquette premiums are up almost 35%. Chinese stainless steel rises to 7-year high amid this year’s...
Jul 14, 2021 | Stainless Espresso
Gerber Group reports that a current EU anti-dumping case regarding stainless steel imports from Taiwan and China in the Expiry Review may violate applicable EU law. US CAFC states that 50% duties on Turkish steel were legal. Chinese aluminum smelters struggle with...
