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?...
Jan 12, 2023 | Stainless Espresso
12 January 2023 – Many bonded warehouses, especially those for steel and stainless steel, are currently empty, according to sources. A good sign? The LME has to make improvements in many places after an independent report on the chaos from March 2022, while at...
Jan 11, 2023 | Stainless Espresso
11 January 2023 – As the Covid peak in China is passed, the markets are also picking up. This can be seen, among other things, in the demand for iron ore and the scarce availability. At the same time, several countries are reporting emptying stocks at...
Jan 10, 2023 | Stainless Espresso
10 January 2023 – The next manipulation bang on the nickel market? How Big Short suddenly wants to convert copper plants to nickel production – in the end just hot air? Or is there a double winner here? Stainless steel prices stable and on the rise. And...
Jan 9, 2023 | Stainless Espresso
9 January 2023 – Tough contract negotiations between EU steel producers and end consumers already at the beginning of the year. A game of press releases, questionable empirical findings, and toxic and dangerous advice with only one goal in mind. Nickel remains...
Dec 23, 2022 | Stainless Espresso
23 December 2022 – Asian stainless steel exports have recently increased by up to 25%. The ghosts they called: European steelmakers’ lobby shows dissatisfaction with CBAM and ETS results. And a not so quiet message before the holidays. Source
Dec 22, 2022 | Stainless Espresso
22 December 2022 – Prices for stainless steel scrap from Italy continue to rise significantly. Nickel has been turbulent these days and now rumours point to further production cuts in nickel. But are there possibly other reasons behind it than are being spread?...
