Jul 13, 2022 | Stainless Espresso
July 13, 2022 – There is growing anger among Italian steel and stainless steel buyers toward Indian steel producers and the steel export tax. Increasingly, market sources are reporting that they are collecting the 15% steel export tax on certain steel and...
Jul 11, 2022 | Stainless Espresso
11 July 2022 – The scrap trade continues to run at full speed and is at its highest level in two years in terms of volume. This is also evidenced by rising steel and stainless steel scrap prices. USA urges trading partners to stop importing Chinese goods from...
Jul 8, 2022 | Stainless Espresso
8 July 2022 – The EU Commission has officially announced the end of the anti-dumping suspension on imports of flat-rolled aluminium products originating in China on 12 July 2022. Anti-dumping duties of up to 24.9% will then be imposed. Chinese economy to get 220...
Jul 7, 2022 | Stainless Espresso
7 July 2022 – As early as 1 July 2022, the Safeguard quotas for stainless steel bars originating in India were overbooked by 50%, according to current estimates. Steel bar market picks up. Positive price sentiment on steel price development for EU member...
Jul 6, 2022 | Stainless Espresso
July 6, 2022 – The International Trade Administration has announced its intention to extend the anti-dumping measure on stainless steel sheet and strip from China. Average dumping margin of more than 76%. Is the Rusal Nornickel merger coming? Alternative energy:...
Jul 5, 2022 | Stainless Espresso
5 July 2022 – The inclusion of certain Chinese stainless steel products in the updated EU Safeguard Quotas raises dark forebodings. Are EC and EUROFER now planning to double anti-dumping duties on Chinese stainless steel? Nickel prices in Asia are rising again....
Jul 4, 2022 | Stainless Espresso
4 July 2022 – EU member Netherlands will need up to 33 million tonnes of raw materials – especially steel, aluminium and nickel – in the coming years to achieve the Green Energy Transformation. A study from 2020 and a recent white paper from 2022...
Jul 1, 2022 | Stainless Espresso
1 July 2022 – What happened to the new EU Safeguard quotas? This question will certainly be asked by market participants today. Surprisingly, and apparently without any official information, the quotas have been blocked as of 1 July 2022. The European Commission...
Jun 30, 2022 | Stainless Espresso
June 30, 2022 – The UK has imposed sanctions on Russia’s “Nickel King.” Norilsk Nickel also soon on sanctions list? EU and UK extend Safeguard measures to certain steel products. And aluminum producers until 2023 already booked out....
Jun 29, 2022 | Stainless Espresso
June 29, 2022 – The US government has announced it will impose tariffs of up to 35% on Russian imports, including steel and aluminum. Is the nickel bet over or did the bank just back down? And Iranian steel industry crippled by hacking. Source
