Apr 25, 2023 | Stainless Espresso
25 April 2023 – The global stainless steel market continues to stabilize and buying mood is rising. This is reflected among other things in larger orders from Europe to Asia, stable raw material costs and further rising prices due to shortages in China....
Apr 24, 2023 | Stainless Espresso
24 April 2023 – Good news on stainless steel alloy surcharges for May 2023, which had risen by up to 13% at US producers last Friday. Rumours of short-time working at European stainless steel producers don’t fit with the recently released annual results...
Apr 21, 2023 | Stainless Espresso
21 April 2023 – Securing raw materials is a growing priority in many countries. Not only for China or the United States, but also for India and EU member Germany. At the same time, mining companies report a lack of investment in the mining and processing of raw...
Apr 20, 2023 | Stainless Espresso
20 April 2023 – Stainless steel alloy surcharges for May 2023 from European producers are expected in the coming days. Therefore, it is time to take at least a brief look at possible developments. Aluminum benefits from jump in demand and outlook hints at...
Apr 19, 2023 | Stainless Espresso
19 April 2023 – Market voices from various stainless steel producing countries expect price increases in the short term. Prices for stainless steel scrap have risen, in some cases significantly. And the Worldsteel Association expects some significant increases...
Apr 18, 2023 | Stainless Espresso
18 April 2023 – The European Commission has announced the final results of the anti-circumvention investigation against hot rolled stainless steel from Indonesia via Turkey and extends the anti-dumping measure. European gas prices are stabilising more and more....
Apr 17, 2023 | Stainless Espresso
17 April 2023 – Nickel prices in Asia and Europe have increased between 7.5 to about 10% since the beginning of April. Stainless steel prices continue to rise. Market conditions are robust and positive, US dividends are growing. And it’s all scrap: the big...
Apr 17, 2023 | Stainless Espresso
17 April 2023 – CBAM or the European Union Carbon Border Tax is an important component of the European Green Deal. Although the measure is supposed to contribute to a reduction of CO2 emissions, it is becoming more and more apparent that the EU’s own...
Apr 14, 2023 | Stainless Espresso
14 April 2023 – The anti-dumping measure against stainless steel tube and pipe butt-welding fittings originating in China and Taiwan has been extended. Up to 64.9% anti-dumping duties. SHFE nickel continues to rise. And what is behind the EU Corporate...
Apr 13, 2023 | Stainless Espresso
13 April 2023 After the Chinese stainless steel market had already gained activity, other Asian regions, especially Taiwan, are now also increasing prices for stainless steel. This is likely to hit North America and Europe soon. US reporting season gives hope for...