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...
Nov 17, 2022 | Stainless Espresso
17 November 2022 – A lot of volatility in nickel contracts after they had recently risen by almost 40%. Was the lack of liquidity on the LME nickel market to blame? Or the LME itself? Emptying stainless steel stocks in China, strong ferronickel and nickel pig...
Nov 16, 2022 | Stainless Espresso
16 November 2022 – European alloy surcharges for December 2022 are currently hitting a raging nickel, expensive scrap, predictable ferro-chrome values and jumping ferro-molybdenum prices, battling it out with the strengthening euro for the strongest influence....
Nov 15, 2022 | Stainless Espresso
15 November 2022 – Rumours and speculation about yesterday’s jump in the price of nickel are currently all over the media. A look at the possible causes. Stainless steel and stainless steel scrap prices on the rise. And the European Round Table (ERT) for...
Nov 14, 2022 | Stainless Espresso
14 November 2022 – Nickel jumped more than 15% to over $31,000 per tonne shortly after the start of trading on the LME. London Metal Exchange decides against ethical standards. And according to a GEM report, the liquefied natural gas industry is building up...
