Stainless Espresso: Metal prices with a strong start on Monday
On Monday we like to look at the markets and can make out a strong start to the week. In Asia, spot and contract prices increased on June 5, 2021. In some cases even very significantly, such as Dalian Iron Ore with over 5%. Or aluminum with more than 2.85%. In Europe,...
Stainless Espresso: Tariffs on Indian HRC (hot-rolled coil) could harm EU
Possible tariffs on Indian HRC (hot-rolled coil) imports to the EU could do more harm than good to European factories in the long term. Background is that an investigation could be launched after imports from India rose significantly despite safeguard quotas. EU:...
Stainless Espresso: EU to extend anti-dumping measures against Taiwan and China
We have learned (July 2, 2021) from well-informed sources that the European Commission intends to extend anti-dumping measures on imports of stainless steel cold-rolled flat products originating in the People’s Republic of China and Taiwan. However, a final...
Stainless Espresso: Stainless steel demand remains high, prices rise
Stainless steel demand in China and Europe remains high. Prices for Chinese stainless steel have continued to rise as purchasers seek to take advantage of current prices ahead of an expected increase in nickel. Base metals have lost slightly on the spot market, but...