Breaking News: EC commits breach of law, stainless steel anti-dumping measure against Taiwan and China extended
The European Commission has extended the anti-dumping measure on imports of stainless steel cold-rolled flat products originating in the People’s Republic of China and Taiwan. Despite major legal concerns raised by Gerber Group. Gerber Group pointed out breach...
Stainless Espresso: Procurement concerns drive prices up again
September 16, 2021 – Procurement concerns for Chinese stainless steel have caused futures on the SHFE and spot prices to jump upwards. In Italy, a winner is emerging in the battle for stainless steel producer Acciai Speciali Terni. And the OECD is secretly...
Stainless Espresso: EU steel producers fail to achieve green transformation
September 15, 2021 – EU steel producers do not manage the green transformation. Traditional blast furnaces would have to be shut down by 2033. Technology unable to save more than 30% CO2 by 2050. 96% of EU flat steel production on the brink of extinction? While...
Stainless Espresso: Profit taking before US inflation data
September 14, 2021 – Shortly before the US inflation data expected today, Tuesday, investors have exercised caution and realized profits. Nickel demand remains high. Profit taking in Base Metals Shortly before the publication of the U.S. inflation data and a...