Oct 6, 2021 | Stainless Espresso
October 6, 2021 – The publication of the Pandora Papers, a massive database of dubious tax practices, has once again shown that even EU politicians and officials do not shy away from questionable deals via tax havens. As is well known, we have already had to...
Oct 6, 2021 | Stainless Espresso
October 6, 2021 – In the current situation, stainless steel buyers like to look to the supposedly cheaper bulk freight as an alternative to container transport. But is bulk freight really a solution? SEAISI sees robust growth in steel demand in Asia. Coming U.S....
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...
