Stainless Espresso: Deal on aluminum tariffs must include protection from China
October 1, 2021 – End of EU-U.S. punitive aluminum tariffs only on condition that Chinese aluminum products are subject to strict import controls? European Commission (EC), however, wants to suspend anti-dumping tariffs on Chinese aluminium flat-rolled. EU steel...
Stainless Espresso: Talks in EU-U.S. tariff dispute without solution
September 30, 2021 – Talks between EU and U.S. representatives on trade and technology issues are progressing, but no agreement is yet in sight in the tariff dispute over steel and aluminum. China is taking further measures to secure energy supplies in the...
Stainless Espresso: 3.5 million tons less aluminum production in China
September 29, 2021 – China has drastically reduced its aluminum production in 2021. The government’s measures now add up to more than 3.5 million tons of annual production. SHFE is stepping up its entry into the trillion-dollar business of green...
Stainless Espresso: Chinese stainless steel producers are limiting supply
The supply of Chinese stainless steel was significantly reduced shortly after the announcement of further energy rationing, this time in Fujian province. Nickel prices should stabilize due to supply and demand situation. EU Trade Chief moderately optimistic about...
Stainless Espresso: EU-U.S. negotiations on steel and aluminum tariffs to begin Wednesday
Negotiations on an end to reciprocal U.S.-EU punitive tariffs on aluminum and steel are scheduled for next Wednesday. The steel lobby already welcomes a possible quota solution. Aluminum producers, on the other hand, reject import quotas on aluminum. Energy and metal...
Stainless Espresso: calm, order and chips
Before the weekend, it is currently rather quiet on the markets. China is so far focusing on prudence and order in the real estate group Evergrande. And the United States wants to finally end the chips shortage in the automotive industry. Markets: calm before the...
Stainless Espresso: Clever move by thyssenkrupp?
September 23, 2021 – Magnesium prices in China continue to rise. Stainless steel and aluminum futures continue to rise. Aluminum Alloys shoot upwards. Green steel: Clever move by thyssenkrupp? And Germany fails to make the green turn. More than 80% hydrogen must...
Stainless Espresso: Friendly figures at the SHFE
September 22, 2021 – After the Asian Mid Autumn Festival holidays, the data on the Shanghai Futures Exchange (SHFE) look much friendlier today. Nickel, aluminum and stainless steel in the plus. Silicon and magnesium prices sprint away due to partly drastic...