Aug 30, 2024 | Stainless Espresso
30 August 2024 – Is the ever-growing bureaucratic jungle from Brussels now leading to arbitrary customs duties? As in the case of stainless steel imports from Taiwan that has just come to our attention, where the anti-dumping hammer was once again wielded...
Aug 29, 2024 | Stainless Espresso
29 August 2024 – China has declared war on capacity expansions in steel production and is no longer allowing any new announcements for replacement capacity. And stainless steel prices in China have stabilised, demand is rising. Source
Aug 28, 2024 | Stainless Espresso
28 August 2024 – Nickel prices on the LME have risen between 5 and 6% so far in August. Philippine nickel ore is up 1.82% today and Asian analysts also expect an upward reaction in NPI prices in the short term. Source
Aug 27, 2024 | Stainless Espresso
27 August 2024 – Canada has announced its intention to introduce tariffs on Chinese steel, stainless steel and aluminum products from October. And German steel mills continue to pick up speed and increase crude steel production, in some cases significantly....
Aug 26, 2024 | Stainless Espresso
26 August 2024 – On Friday, Fed Chairman Jerome Powell signaled that nothing would stand in the way of interest rate cuts in the United States. The prospect of US rate cuts triggered a stock rally. And the United States imposed 400 new sanctions, including...
Aug 22, 2024 | Stainless Espresso
22 August 2024 – A persistent shortage of alumina has been driving up prices for the essential aluminum raw material since the beginning of the year. At the same time, imports of raw aluminum and aluminum products to China have increased significantly. This has...
