Jan 26, 2023 | Stainless Espresso
26 Januar 2023 – At the beginning of December there were already signs of a new shortage of stainless steel from January 2023. Currently, there are many indications that the upward jump in demand is already greater than the supply. And the electric vehicle...
Jan 25, 2023 | Stainless Espresso
25 January 2023 – Major Russian nickel miner Nornickel, which mines platinum, palladium and copper as well as nickel, expects production to drop further in 2023. Copper prices at highest level in seven months. Will the UK now get its own carbon border tax to pay...
Jan 24, 2023 | Stainless Espresso
24 January 2023 – EU and US stainless steel alloy surcharges are rising in February 2023, in some cases by double digits, and are already above the 2022 average. Has the dispute over steel tariffs between the European Union and the United States reached an...
Jan 23, 2023 | Stainless Espresso
23 January 2023 – Lower energy costs, rising raw material prices and significantly increased demand dominate the stainless steel market. Chrome ore and ferrochrome prices in particular have recently increased significantly. But the upward trend is currently also...
Jan 20, 2023 | Stainless Espresso
20 January 2023 – Steel prices have recently risen significantly again. Not only the relaxed covid restrictions in China, but also the lowest inventories in 16 months are giving prices in Europe a good tailwind. Molybdenum and nickel continue to rise....
Jan 19, 2023 | Stainless Espresso
19 January 2023 – The European demand for stainless steel in has increased significantly after the turn of the year. Further price increases are to be expected here. And Chinese provinces are signalling clear growth targets for 2023, partly with reference to...
Jan 18, 2023 | Stainless Espresso
18 January 2023 – The EU Parliament yesterday voted in favour of the introduction of the revised EU Waste Shipment Regulation and thus for a ban on scrap exports to non-OECD countries. The steel lobby remains unhappy and wants OECD member states, such as Turkey,...
Jan 17, 2023 | Stainless Espresso
17 January 2023 The Chinese stainless steel market reports suspended deliveries by manufacturers and expects further significant price increases after the Chinese New Year. Further increase in EU stainless steel alloy surcharges very likely, but price increases in...
Jan 16, 2023 | Stainless Espresso
Production at an Indonesian nickel smelter has had to be suspended for the time being following serious unrest that left two people dead at the weekend. Alumina production in Australia significantly reduced due to gas shortage. And copper prices pull. Indonesian...
Jan 13, 2023 | Stainless Espresso
13 January 2023 – The EC has announced the results of the Safeguard Review on the lost WTO DSB case and clearly cemented the market protection measure. Indonesia wants to restrict construction of nickel smelters. And is the euro now in danger of crashing?...
