Oct 5, 2021 | Stainless Espresso
October 5, 2021 – Prices for European stainless steel increased again in September. Looking at the EU alloy surcharges, which have increased by more than 60% in some cases since January 2021, further price increases can be expected on the domestic market in...
Oct 4, 2021 | Stainless Espresso
October 4, 2021 – The LME started the week relatively quiet. In the U.S.-EU steel dispute, the views are still far apart – at least the consensus is that an agreement must be reached. And EU aluminum producers are running out of magnesium in two months,...
Oct 1, 2021 | Stainless Espresso
October 1, 2021 – End of EU-U.S. punitive aluminum tariffs only on condition that Chinese aluminum products are subject to strict import controls? European Commission (EC), however, wants to suspend anti-dumping tariffs on Chinese aluminium flat-rolled. EU steel...
Sep 30, 2021 | Stainless Espresso
September 30, 2021 – Talks between EU and U.S. representatives on trade and technology issues are progressing, but no agreement is yet in sight in the tariff dispute over steel and aluminum. China is taking further measures to secure energy supplies in the...
Sep 29, 2021 | Stainless Espresso
September 29, 2021 – China has drastically reduced its aluminum production in 2021. The government’s measures now add up to more than 3.5 million tons of annual production. SHFE is stepping up its entry into the trillion-dollar business of green...
Sep 28, 2021 | Stainless Espresso
The supply of Chinese stainless steel was significantly reduced shortly after the announcement of further energy rationing, this time in Fujian province. Nickel prices should stabilize due to supply and demand situation. EU Trade Chief moderately optimistic about...
Sep 27, 2021 | Stainless Espresso
Negotiations on an end to reciprocal U.S.-EU punitive tariffs on aluminum and steel are scheduled for next Wednesday. The steel lobby already welcomes a possible quota solution. Aluminum producers, on the other hand, reject import quotas on aluminum. Energy and metal...
Sep 24, 2021 | Stainless Espresso
Before the weekend, it is currently rather quiet on the markets. China is so far focusing on prudence and order in the real estate group Evergrande. And the United States wants to finally end the chips shortage in the automotive industry. Markets: calm before the...
Sep 23, 2021 | Stainless Espresso
September 23, 2021 – Magnesium prices in China continue to rise. Stainless steel and aluminum futures continue to rise. Aluminum Alloys shoot upwards. Green steel: Clever move by thyssenkrupp? And Germany fails to make the green turn. More than 80% hydrogen must...
Sep 22, 2021 | Stainless Espresso
September 22, 2021 – After the Asian Mid Autumn Festival holidays, the data on the Shanghai Futures Exchange (SHFE) look much friendlier today. Nickel, aluminum and stainless steel in the plus. Silicon and magnesium prices sprint away due to partly drastic...
