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...
Jun 30, 2021 | Stainless Espresso
Market sources in the European Union report that the major domestic steelmakers are sold out regarding processed coils until the end of the year. Things are not looking any better on the EU spot market. And analysts see steel prices at high levels for a longer period....
Jun 29, 2021 | Stainless Espresso
In the United States, further increases in hot rolled coil prices show what the upcoming infrastructure program will cause on the steel market. Brazil urgently needs to resort to steel imports, according to association opinion. And nickel, nickel ore and nickel pig...
Jun 28, 2021 | Stainless Espresso
The week starts with subdued metals on the spot markets. Malaysia extends the lockdown again. While Australia reports records in iron ore exports, India is running out of ore – and is discussing an export ban on steel. And the European Commission officially...
Jun 27, 2021 | Stainless Espresso
In India, the industry is calling for an export ban on steel and iron ore to counter the sharp rise in raw material costs. And EU pension funds see nickel on the upswing in the long term. EU pension funds see nickel price on long-term upswing A new survey of 150...
Jun 26, 2021 | Stainless Espresso
Russian Prime Minister Mikhail Mishustin yesterday confirmed the announced export tax on ferrous and non-ferrous metals. Germany is planning tax gifts worth billions to domestic steel producers. And the euro zone is recovering faster than expected. Russian export tax...
Jun 25, 2021 | Stainless Espresso
While nickel has continued to rise on SHFE and LME and the other metals are also on the upswing, Russia wants to introduce export taxes on steel, nickel, aluminum and other products. In the United States, steelmakers face up to 164 more days of maintenance by the end...
Jun 24, 2021 | Stainless Espresso
Opinions differ on the trend in market prices for steel and stainless steel. Some are singing the song of the end of the steel market boom. Others see no end in sight. In China, at any rate, domestic stainless steel prices are rising to a 4.5-year high. And the...
Jun 23, 2021 | Stainless Espresso
Approval among member states for EU Safeguard measures has fallen sharply. Spot prices for metals up. Futures in the plus. And Indonesia wants to limit production of cheap Nickel Pig Iron. Base Metals and stainless steel prices up Chinese spot prices in the important...
Jun 22, 2021 | Stainless Espresso
Yesterday seasonal cooling on the iron ore market, today a different picture emerges. Chinese regulators startet an investigation and kept an eye on the spot iron ore market on Monday. They are looking for price gouging and hoarding. The background is that prices have...
