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Stainless Espresso: Base Metals in the wake of rising energy prices

Jan 12, 2022 | Stainless Espresso

12 January 2022 – Base metals have already shown some upward momentum again on Tuesday and also today, Wednesday. Nickel and tin in particular have shown more than significant gains on SHFE and LME. In Brazil, severe storms led to flooded iron ore mines and...

Stainless Espresso: Nickel and stainless steel prices rise significantly

Jan 11, 2022 | Stainless Espresso

January 11, 2022 – Nickel prices have risen significantly again on the SHFE today. Nickel on the LME is also up, jumping above $21,000 per tonne. Stainless steel futures jump due to production cuts and maintenance work in China. Aluminium on the rise due to...

Stainless Espresso: Base Metals on the Rise, Energy Top Topic in 2022

Jan 10, 2022 | Stainless Espresso

January 10, 2022 – Welcome to the New Year dear readers. We are back full of energy and look forward to an exciting and successful 2022 with you. The year also got off to an interesting start for base metals. As already indicated in the middle of 2021, the topic...

Stainless Espresso: Merry Christmas and a Happy New Year 2022!

Dec 23, 2021 | Stainless Espresso, Uncategorized

We say goodbye to you until the beginning of January 2022 and enjoy the holidays. We also wish you a few quiet and relaxing days before the year 2022 starts. Thank you for an exciting and thrilling 2021 to all our readers from trade, industry, business, politics,...

Stainless Espresso: EC imposes anti-dumping duties on Chinese aluminium foil

Dec 23, 2021 | Stainless Espresso

December 23, 2021 – The European Commission yesterday, Wednesday 22 December 2021, published new market protection measures (AD/CVD) against imports of Chinese aluminium foil. Several European aluminium smelters are cutting production due to high energy costs....

Stainless Espresso: EUROFER complains about too few subsidies

Dec 22, 2021 | Stainless Espresso

December 22, 2021 – The European Steel Producers Association EUROFER and its spokesman Axel Eggert complain about too few subsidies due to increased ETS costs. Chinese aluminum imports are up 300% in 2021. And aluminum prices on SHFE and LME are rising again...

Stainless Espresso: Lawsuits against EU anti-dumping suspension on aluminium flat rolled products from China

Dec 21, 2021 | Stainless Espresso

December 21, 2021 – European Aluminium has filed a complaint with the European General Court against the suspension of anti-dumping measures on flat rolled aluminium products. Asian stock markets turn upwards. European stock markets follow suit. Base Metals calm...

Stainless Special: EC announces review of EU Safeguard measure – what next?

Dec 20, 2021 | Stainless Espresso

The European Commission announced the start of the review process for the Safeguard Measure (SAFE009R5) on 17 December 2021. What are the backgrounds? Why has the review procedure been initiated now? And how does the process work? We answer these questions here. What...

Stainless Espresso: EU Safeguard and anti-subsidy definitive disclosure against Indonesia and India

Dec 20, 2021 | Stainless Espresso

December 20, 2021 – On Friday (December 17, 2021), the European Commission announced information on the start of the EU Safeguard Review in 2022 and on the Anti-subsidy proceeding concerning imports of stainless steel cold-rolled flat products originating in...

Stainless Weekend: Commodities on the uptrend and EU Safeguard Review

Dec 18, 2021 | Stainless Espresso

December 18, 2021 – Last week, several central banks announced measures to stabilise inflation. This had a positive effect on the stock markets and commodity markets and led to an upward trend in commodities from the middle of the week. In addition, on Friday,...
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