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Chinese ferrochrome and iron ore prices rise – Stainless Espresso

Mar 20, 2024 | Stainless Espresso

20 March 2024 – Prices for ferrochrome and iron ore rose significantly in China yesterday. At the same time, Chinese online retailers are reporting a sharp rise in consumer demand and the Bank of Japan is ending the negative interest rate era after 17 years....

Steel tensions: US warns EU against reviving WTO complaints – Stainless Espresso

Mar 19, 2024 | Stainless Espresso

March 19, 2024 – The US government has warned the European Commission against reviving WTO disputes over steel. Is the EC deliberately provoking the United States? Growing shortage: Copper prices have risen by almost 15% since fall 2023. Source

EU supply chain regulation: von der Leyen’s bureaucratic legacy continues to grow – Stainless Espresso

Mar 18, 2024 | Stainless Espresso

18 March 2024 – Is the EU Supply Chain Regulation a foul compromise that bypasses the EU Parliament? And just another election campaign gift for the EU Commission President? And strikes at EU stainless steel manufacturers continue. Source

EU: Anti-dumping measure against seamless stainless steel tubes from China to be extended

Mar 15, 2024 | Stainless Espresso

15 March 2024 – The EU is likely to maintain the anti-dumping duties of up to 71.9% against seamless stainless steel tubes from China. And base metals, such as nickel, copper, zinc and aluminium, are showing a positive trend at the start of European trading....

Aluminum shortage growing in North America – Stainless Espresso

Mar 14, 2024 | Stainless Espresso

14 March 2024 – Following the closure of a major aluminum plant in the United States, concerns are growing about a worsening aluminum shortage. And it is not only in Southeast Asia that demand for stainless steel is picking up, but also in Europe, while two out...

Aluminium prices rise due to robust demand – Stainless Espresso

Mar 13, 2024 | Stainless Espresso

13 March 2024 – European and Asian aluminium prices have risen significantly in recent weeks due to rising demand. And US investors are taking a slight rise in inflation in their stride. German DAX breaks new record. Source
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