Sep 17, 2021 | Stainless Espresso
The Western press is once again full of reports that the Chinese economy is threatening to collapse. But it turns out that the Asians see things differently and the metal markets in particular are reacting in the opposite direction. The European Union is more than 30%...
Sep 16, 2021 | Stainless Espresso
The European Commission has extended the anti-dumping measure on imports of stainless steel cold-rolled flat products originating in the People’s Republic of China and Taiwan. Despite major legal concerns raised by Gerber Group. Gerber Group pointed out breach...
Sep 16, 2021 | Stainless Espresso
September 16, 2021 – Procurement concerns for Chinese stainless steel have caused futures on the SHFE and spot prices to jump upwards. In Italy, a winner is emerging in the battle for stainless steel producer Acciai Speciali Terni. And the OECD is secretly...
Sep 15, 2021 | Stainless Espresso
September 15, 2021 – EU steel producers do not manage the green transformation. Traditional blast furnaces would have to be shut down by 2033. Technology unable to save more than 30% CO2 by 2050. 96% of EU flat steel production on the brink of extinction? While...
Sep 14, 2021 | Stainless Espresso
September 14, 2021 – Shortly before the US inflation data expected today, Tuesday, investors have exercised caution and realized profits. Nickel demand remains high. Profit taking in Base Metals Shortly before the publication of the U.S. inflation data and a...
Sep 13, 2021 | Stainless Espresso
September 13, 2021 – Aluminum prices at highest level since 2008 due to supply snags. Chinese export tax rebate cuts on aluminum back in play? EC only throws a bone wrapped in waste paper with proposal to suspend anti-dumping duties for 9 months. Steel and...
Sep 12, 2021 | Stainless Espresso
September 12, 2021 – Anti-dumping: European steel producers are expressing concern about the possible suspension of EU anti-dumping tariffs after the European Commission showed signs that it could temporarily suspend an tariff on aluminum due to ongoing economic...
Sep 10, 2021 | Stainless Espresso
September 10, 2021 – New rally on the commodity markets. Nickel and aluminum continue to rise. At a glance: What currently drives stainless steel and aluminum prices? Bauxite and aluminum: The European Union and its difficult relationship with raw materials. A...
Sep 9, 2021 | Stainless Espresso
September 9, 2021 – Rumors of a possible quota solution to the steel dispute between the United States and the European Union has now put the U.S. steel lobby on notice. It is expressing its concerns about EU overcapacities, the high CO2 burden of European steel...
Sep 8, 2021 | Stainless Espresso
September 8, 2021 – The current news situation is rather quieter today. Therefore, today we only take a brief look at the general figures on the metal markets and give a small outlook on Chinese imports and exports in August 2021 and upcoming infrastructure...