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...
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...
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...
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...
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,...
Dec 17, 2021 | Stainless Espresso
December 17, 2021 – Commodity and equity markets have reacted positively to announcements by central banks in the United States, the European Union and the United Kingdom. Base metals on the LME and SHFE have risen significantly. Zinc jumps more than 4% on...
Dec 16, 2021 | Stainless Espresso
December 16, 2021 – Export taxes on Chinese aluminum products could fall in 2022. This is according to Chinese government documents we have been able to view. The US Federal Reserve’s announcement to accelerate tapering is positively received by the...
Dec 15, 2021 | Stainless Espresso
December 15, 2021 – Eurozone industry gets off to a strong start in Q4 2021. The production of industrial goods in particular picked up. EU aluminum premiums increased further. Explosion at US stainless steel facility leads to production stoppage. Eurozone...
Dec 14, 2021 | Stainless Espresso
December 14, 2021 – Economy stabilization in 2022: The Chinese government has made stabilizing the domestic economy a priority in 2022. Coal, steel and stainless steel futures up. Chinese aluminum inventories continue to empty, prices up as much as 1.7%....
Dec 13, 2021 | Stainless Espresso
December 13, 2021 – The International Monetary Fund (IMF) currently reports that global metal demand for renewable energies could increase by 3 billion tonnes by 2050. Relevant raw materials for steel production, such as silicon metal, molybdenum, nickel and...
