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...
Aug 21, 2024 | Stainless Espresso
21 August 2024 – The US Department of Commerce has announced the preliminary results of the administrative review of the anti-dumping duties on stainless steel sheet and strip in coil originating in Taiwan. And the nickel price on the LME continues to be...
Aug 20, 2024 | Stainless Espresso
20 August 2024 – A look at the current price trend for stainless steel in Europe and how nickel and stainless steel scrap are influencing it. And in the UK, domestic companies in particular are benefiting from the current economic growth. Source
Aug 19, 2024 | Stainless Espresso
August 19, 2024 – Hot rolled coil prices for stainless steel in Southeast Asia rose again last week. Prices for nickel pig iron continue to soar. And companies in South Korea, India and Taiwan are reporting significant profit growth for the year to date,...
Aug 9, 2024 | Stainless Espresso
9 August 2024 – Nickel prices in Asia rose by up to 2.5% in some cases on Friday. Nickel prices are also rising on the LME today. And after a significant improvement in sentiment on the US stock markets on Thursday, the Asian markets followed suit on Friday....
