Stainless Espresso: US CRC prices over $2,000 per short ton
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...
Stainless Espresso: Nickel and stainless steel prices up significantly
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”...Stainless Espresso: Aluminum shortage in the EU continues to worsen
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...
Stainless Espresso: EU stainless steel anti-dumping case possibly illegal
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...