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 20, 2023
Commodity exchange stores stones instead of nickel 20 March 2023 – The commodity exchange LME does not come to rest. After several tons of material, which had been declared as nickel in a European LME certified warehouse, turned out to be simple stones, this...
by Gerber Group | Mar 16, 2023
EU ferrochrome benchmark prices for Q2 2023 jumping significantly 16 March 2023 – Benchmark prices for EU ferrochrome are rising significantly. The key stainless steel raw material increases in price by more than 15% for Q2 2023. Key chrome suppliers and...
by Gerber Group | Mar 7, 2023
Nickel: Commodity exchange can’t get out of crisis of confidence 7 March 2023 – The LME cannot get out of its crisis of confidence. After the British regulator is seeking legal action against the LME, it has now also become known that a group of ten hedge...
by Gerber Group | Feb 21, 2023
US stainless steel imports pick up significantly in January 21 February 2023 – Stainless steel imports to the United States increased by more than 38% in January. US stainless steel mills significantly increase 316/316L alloy surcharges for March 2023. And first...