Jul 10, 2021 | Stainless Espresso
The sale of Acciai Speciali Terni is drawing closer. Two bidders are said to still be in the running for the Italian flat steel producer, which is to be sold by its parent company ThyssenKrupp. Acciai Speciali Terni: Two steel groups interested in purchase In the...
Jul 9, 2021 | Stainless Espresso
The European Commission’s Safeguard extension was not only a slap in the face for European downstream steel consumers, but is increasingly proving to have been made with a hot needle. Already in the notification to the WTO, we were able to prove that the EU had...
Jul 8, 2021 | Stainless Espresso
EU aluminum buyers are facing rapidly rising aluminum premiums. And according to manufacturer information, this trend is expected to continue in the coming months. The shortage of steel in the EU continues. And analysts for the United States also in the near future a...
Jul 7, 2021 | Stainless Espresso
After a short fall in base metal prices yesterday afternoon, the market has already recovered. The reasons for this are speculative so far and, depending on the analysts’ opinion, are due to inflation fears, possible new Chinese production restrictions or oil....
Jul 6, 2021 | Stainless Espresso
Stainless steel price rally still in focus. While many market participants are hoping for the traditional summer break, it seems to be absent this year. Which is not surprising in view of the pre-Corona period, investment backlogs, material shortages and...
Jul 5, 2021 | Stainless Espresso
On Monday we like to look at the markets and can make out a strong start to the week. In Asia, spot and contract prices increased on June 5, 2021. In some cases even very significantly, such as Dalian Iron Ore with over 5%. Or aluminum with more than 2.85%. In Europe,...
Jul 3, 2021 | Stainless Espresso
Possible tariffs on Indian HRC (hot-rolled coil) imports to the EU could do more harm than good to European factories in the long term. Background is that an investigation could be launched after imports from India rose significantly despite safeguard quotas. EU:...
Jul 2, 2021 | Stainless Espresso
We have learned (July 2, 2021) from well-informed sources that the European Commission intends to extend anti-dumping measures on imports of stainless steel cold-rolled flat products originating in the People’s Republic of China and Taiwan. However, a final...
Jul 2, 2021 | Stainless Espresso
Stainless steel demand in China and Europe remains high. Prices for Chinese stainless steel have continued to rise as purchasers seek to take advantage of current prices ahead of an expected increase in nickel. Base metals have lost slightly on the spot market, but...
Jul 1, 2021 | Stainless Espresso
U.S. steelmakers have called for a continuation of Section 232 tariffs as the EU extended Safeguard for three years. Despite the announcement that the United States and the European Union will settle their steel dispute by the end of 2021. China is experiencing...
