Stainless Espresso: No more magnesium or the EU’s growing raw material dilemma
October 4, 2021 – The LME started the week relatively quiet. In the U.S.-EU steel dispute, the views are still far apart – at least the consensus is that an agreement must be reached. And EU aluminum producers are running out of magnesium in two months,...
Stainless Espresso: Deal on aluminum tariffs must include protection from China
October 1, 2021 – End of EU-U.S. punitive aluminum tariffs only on condition that Chinese aluminum products are subject to strict import controls? European Commission (EC), however, wants to suspend anti-dumping tariffs on Chinese aluminium flat-rolled. EU steel...
Stainless Espresso: Talks in EU-U.S. tariff dispute without solution
September 30, 2021 – Talks between EU and U.S. representatives on trade and technology issues are progressing, but no agreement is yet in sight in the tariff dispute over steel and aluminum. China is taking further measures to secure energy supplies in the...
Stainless Espresso: 3.5 million tons less aluminum production in China
September 29, 2021 – China has drastically reduced its aluminum production in 2021. The government’s measures now add up to more than 3.5 million tons of annual production. SHFE is stepping up its entry into the trillion-dollar business of green...