Apr 28, 2022 | Stainless Espresso
28 April 2022 – The World Bank has predicted metal prices at historically high levels in 2022 and also in 2023. Ferrochrome prices rise significantly in Europe and Asia. No correction in steel prices expected. And global nickel consumption continues to increase....
Apr 27, 2022 | Stainless Espresso
EC announces intention to lift tariffs and quotas for Ukraine 27 April 2022 – According to a EC press release, this includes all safeguard quotas on certain steel products and anti-dumping measures by the European Union against exports from Ukraine. The European...
Apr 27, 2022 | Stainless Espresso
27 April 2022 – Has the suspension of the European anti-dumping measure on flat-rolled aluminium imports from China come to a quick end? Nickel prices on SHFE rose significantly again today. And aluminium prices are holding steady at a high level with an upward...
Apr 26, 2022 | Stainless Espresso
6 April 2022 – Nickel is the new oil. The fuel of the green transformation. And the raw material will soon be depleted. In less than 8 years, the first countries will run out of nickel. Was $100,000 per ton just the beginning? And Chinese industry continues to...
Apr 26, 2022 | Stainless Espresso
In less than eight years, the Philippines will run out of nickel. Already in 2030, with the current Philippine production quantities and necessary increase quotas, no more nickel can be mined from currently known deposits due to the increasing demand. Deposits in...
Apr 25, 2022 | Stainless Espresso
25 April 2022 – Rumours of an end to the EU Safeguard measure on certain steel products appear to have been laid to rest with the recent decision to give South Africa its own tariff rate quota. US HRC prices have risen by 50% since the beginning of the year, as...
Apr 22, 2022 | Stainless Espresso
22 April 2022 – EC includes EPA country South Africa in Safeguard measure. South Africa receives its own TRQs. Aluminium with false origin information? The us customs authorities have gathered enough evidence of origin misrepresentation to initiate an AD/CV duty...
Apr 21, 2022 | Stainless Espresso
21 April 2022 – Import prices for flat-rolled stainless steel rose about 8% in Taiwan in March 2022. Nickel market is in deficit. LME nickel stocks down more than 72%. Source
Apr 20, 2022 | Stainless Espresso
20 April 2022 – China continues to significantly reduce steel production. In 2022 it is expected to fall by a further 12%. The US food industry is running out of aluminum. And India’s energy shortage is forcing aluminum and steel producers to cut...
Apr 19, 2022 | Stainless Espresso
19 April 2022 – Russian aluminium appears on EU sanctions list. Chinese nickel price rises w-o-w by almost 14%. Steel demand continues to rise worldwide. And steel prices in Taiwan, Japan and China continue to rise for May 2022. Source
