Jun 14, 2021 | Stainless Espresso
After a first analysis of the EU Safeguard notification to the WTO of June 11, 2021, we found possible errors in the calculation and the justification for the extension. Is scrap now running out in the EU in addition to steel? And the high steel prices seem to...
Jun 12, 2021 | Stainless Espresso
The EU has stated in a notification to the WTO that it intends to extend the EU Safeguard measures for three years. The decision comes amid worsening steel shortages and skyrocketing prices for many steel consumers in the downstream industry. And the UK also intends...
Jun 11, 2021 | Stainless Espresso
As we have just been informed (June 11, 2021), the European Commission wants to extend the EU Safeguard measures on steel. EC announces extension of Safeguards on steel As soon as we can provide further details, we will inform you immediately. Read also: Stainless...
Jun 11, 2021 | Stainless Espresso
EU stainless steel producers unable to meet demand in the domestic market. Stainless steel consumers urgently dependent on imports. Commodity prices in Asia continue to rise. Stainless steel, HRC and nickel futures on SHFE on Friday, June 11, 2021, up between 2 to 4%....
Jun 10, 2021 | Stainless Espresso
Contrary to the recent chants of doom for steel prices, HRC futures in China are well up today. Stainless steel futures are also up. The background to this is, among other things, market concerns about the availability of raw materials for steel production. Iron ore...
Jun 9, 2021 | Stainless Espresso
The European Union and the United States are expected to reach an agreement on the tariff dispute at the EU-US Summit on June 15. Tariffs on steel and aluminum are also on the agenda. But when can anything concrete really be expected here? On the SHFE, base metals are...
Jun 8, 2021 | Stainless Espresso
The media are quick to sound a swan song for the commodity and steel markets these days. “Sharp price drops, high volatility, steel exports from China collapse.” Is any of this real? Often, a closer look reveals only a blatant ignorance of the market on...
Jun 7, 2021 | Stainless Espresso
A new week has begun. That’s when the eyes first turn to what you really need to know. What are the base metals doing, where does nickel stand, what are stainless steel prices doing and what else could be in store this week. Read that now in a nutshell in your...
Jun 5, 2021 | Stainless Espresso, Uncategorized
Since 2020, there has been an increasingly severe shortage of steel and stainless steel in Europe and the United States. And there is still no relief for the threatened steel processing industry. Serious steel and stainless steel shortages in Europe Since fall 2020,...
Jun 4, 2021 | Stainless Espresso
After a short setback on Thursday, June 3, 2021, the nickel has stabilized again today. And all the world is looking tensed to Brussels: has the end of EU Safeguards come? There is a possibility that there will be an update today. Data, facts, figures: US labor market...
