Stainless Espresso: India, are EU steel producers now raising prices?

24 May 2022 – Already on Monday after India’s announcement of a 15% export tax on steel and stainless steel, global HRC prices rose by up to 4% in some cases. Market participants expect that EU steel producers will now also adjust their prices upwards. Tesla’s Shanghai factory on its way back to full production. Europeans desperate for magnesium. Source