by Gerber Group | Mar 29, 2023
Taiwan: stainless steel input material running short? 29 March 2023 – Market sources from Taiwan report that starting materials for certain stainless steel grades and sizes are in short supply or not available at all. The EU is agreeing on new instruments for...
by Gerber Group | Mar 28, 2023
Scrap and nickel in stronger demand, but still in short supply 28 March 2023 – Chinese nickel demand continues to meet tight availability. And rising scrap prices are reported from Turkey and Europe, meeting strong demand and tight supplies. And economic...
by Gerber Group | Mar 27, 2023
Indian stainless steel products blocked in Antwerp 27 March 2023 – Stainless steel products from India’s Jindal Group are blocked by customs in Antwerp, Europe, because they were apparently destined for Russia. The group is furious, but remains silent on...
by Gerber Group | Mar 24, 2023
SHFE Nickel jumps almost 4% on Friday 24 March 2023 – Nickel prices on the SHFE jumped today, Friday, in some cases by more than 4%. LME is following suit. Stainless steel buyers must now be quick. Market prices and raw material mix show that new price bottom...
by Gerber Group | Mar 23, 2023
EU CBAM: Will Indian steel become up to 35% more expensive? 23 March 2023 – Things are not going well for Indian steel at the moment. Latest challenge: EU CBAM. India would like to have a free trade agreement with the EU, but the Carbon Border Tax CBAM could...
by Gerber Group | Mar 22, 2023
Is the next commodities supercycle coming? 22 March 2023 – Another financial services provider sees a possible supercycle for commodities coming due to major shifts in capital flows. LME chaos is getting more and more confusing: Does everyone have a hand in it...