Dec 1, 2022 | Stainless Espresso
1 December 2022 – The WTO panel has announced its recommendation on the Indonesian nickel export ban. But has the end of the export ban really come? Indonesia is already showing itself belligerent and the nickel unimpressed. General Disclosure in the EU...
Nov 30, 2022 | Stainless Espresso
30 November 2022 – The ferro-molybdenum price in particular is currently causing stainless steel prices to rise further. But nickel and scrap are also exerting significant upward pressure. EU subsidises ETS certificates with 100 billion euros. Further billions...
Nov 29, 2022 | Stainless Espresso
29 November 2022 – Scrap prices are rising, especially in the United States. But Europe is also seeing a decent jump in prices. Is the next shortage of shipping space coming? New CO2 standards planned for 2023. And would the LME like to be the real hero in the...
Nov 28, 2022 | Stainless Espresso
28 November 2022 – Aluminium stocks in Chinese warehouses continue to fall, pointing to a strong recovery in demand. At the same time, the Chinese New Year in 2024 is coming particularly early for buyers. And in Australia, transport costs jump 20% after severe...
Nov 25, 2022 | Stainless Espresso
25 November 2022 – Tough claims in the dispute over the EU Safeguard measure on certain steel products are dominating the opening round of the review of the market protection measure, which has been in place since 2019, triggered by a WTO ruling. A...
Nov 24, 2022 | Stainless Espresso
24 November 2022 – Commodity prices receive further support in 2023. No sign of recession in Germany so far. And is the proposal for a green label for the German steel industry really so clean? Source
Nov 23, 2022 | Stainless Espresso
23 November 2022 – Was the Indian export tax on steel just a diversionary tactic? Nickel prices rose by more than 4% on Tuesday. Stainless steel spot prices rise in China. Italian rolling mills and service centres start buying spree. And scrap demand and price...
Nov 22, 2022 | Stainless Espresso
22 November 2022 – The first publications of stainless steel alloy surcharges for December already indicate a further increase. Particularly in the United States, there is a clear upward trend. Indonesia loses WTO nickel dispute against European Union and wants...
Nov 21, 2022 | Stainless Espresso
21 November 2022 – The US government last Friday imposed sanctions on several Russian- and Belarusian-owned nickel mining companies. Stainless steel futures in Asia rise 1.5%. The STOXX 600 gives EU companies a positive tailwind. And India is taking an early hit...
Nov 18, 2022 | Stainless Espresso
18 November 2022 – SHFE nickel contracts were again resilient to the chaos on the LME in Friday trading. World Steel sees demand growth for steel in many regions for 2022, but especially for 2023, despite challenges, and Indonesia approaches Canada at G20 summit...
