Jan 17, 2024 | Stainless Espresso
17 January 2024 – The fact that the European Commission’s anti-circumvention proceedings against stainless steel imports from Taiwan, Turkey and Vietnam originating in Indonesia are on shaky ground and have been brought under questionable accusations is...
Jan 16, 2024 | Stainless Espresso
16 January 2024 – According to recent reports, Indonesian nickel production is falling well short of expectations in some areas. Ferronickel alone is producing 100,000 MT less than forecast. And US housebuilding shares soar: 2023 a record year for the...
Jan 15, 2024 | Stainless Espresso
15 Januar 2024: The Asian market is experiencing a boom ahead of the Chinese New Year celebrations: demand for steel and stainless steel is growing, stocks are shrinking and prices are climbing. Aluminum scrap: shortages in China despite significantly increased...
Jan 12, 2024 | Stainless Espresso
12 January 2024 – Rising nickel prices and a stable development in stainless steel in Asia have filled manufacturers’ order books well. Market sources also report a significant increase in demand from the United States and Europe. Source
Jan 11, 2024 | Stainless Espresso
January 11, 2024 – Russia has extended its scrap export restrictions and the corresponding quotas until mid-2024. Increasing demand for stainless steel scrap in China. And Mexico’s economy is benefiting greatly from US nearshoring activities. Source
Jan 10, 2024 | Stainless Espresso
10 January 2024 – Now that freight rates from India have jumped by up to 400%, even for routes that do not touch the Red Sea, the question arises as to whether shipping lines are shamelessly exploiting the situation. Is this threatening them with a political and...
