Stainless Espresso: China stopped production of major steel mills
The Chinese government has ordered major steel producers in China to cut production significantly and keep it at 2020 levels. For many steelmakers this means cutting monthly production by 20 to 30% or even shutting down entire blast furnaces. In the United States, the...
Stainless Espresso: Who will buy Acciai Speciali Terni (AST)?
The sale of Acciai Speciali Terni is drawing closer. Two bidders are said to still be in the running for the Italian flat steel producer, which is to be sold by its parent company ThyssenKrupp. Acciai Speciali Terni: Two steel groups interested in purchase In the...
Stainless Espresso: EC again admits errors in Safeguard extension
The European Commission’s Safeguard extension was not only a slap in the face for European downstream steel consumers, but is increasingly proving to have been made with a hot needle. Already in the notification to the WTO, we were able to prove that the EU had...
Stainless Espresso: Aluminum premiums for EU buyers are rising fast
EU aluminum buyers are facing rapidly rising aluminum premiums. And according to manufacturer information, this trend is expected to continue in the coming months. The shortage of steel in the EU continues. And analysts for the United States also in the near future a...