by Gerber Group | Jun 6, 2022
LME sued for USD 456 million over nickel chaos 6 June 2022 – The LME is facing a USD 456 million lawsuit after it briefly suspended trading in nickel in March 2022, to the displeasure of many traders. Asian base metals start the week on a positive note. And...
by Gerber Group | Jun 3, 2022
What happened to the EU alloy surcharges? 3 June 2022 – The changes in the EU alloy surcharges for stainless steel as of 1 June have caught most market participants and analysts cold and caused much wonder. What did the mills do? And are the two European...
by Gerber Group | Jun 2, 2022
Asian base metals mostly up June 2, 2022 – The majority of Asian base metals were up today. SHFE Nickel and pure nickel spots are rising. Has LME nickel found its new support line? And the US Manufacturing PMI rises for the 24th month in a row. Asian base metals...
by Gerber Group | Jun 1, 2022
US introduces melt and pour for aluminium 1 June 2022 – The US government has announced “melt and pour” rules for aluminium imports from the UK to fall under the Section 232 Tariffs and Tariff Rate Quota exemptions. What about Japan and Europe? And...
by Gerber Group | May 31, 2022
EU Safeguard Review 2022 completed, EC submits results to WTO 31 May 2022 – The EC today announced the results of its review of the European market protection measure Safeguard and submitted them to the WTO. The review results in brief: A 4% liberalisation of...
by Gerber Group | May 31, 2022
Steel prices stable for several weeks now 31 May 2022 – Depending on the region, steel prices have been holding steady for two to four weeks. Market participants concerned about quality. India to shut down up to 50% of its coal-fired power plants. Strike broke...