Stainless Espresso: Strong increase in demand for HRC

Stainless Espresso: Strong increase in demand for HRC

Strong increase in demand for HRC 1 September 2022 – A strong increase in demand for European HRC, together with rising prices from EU long producers and falling stainless steel inventories in China, combined with higher demand from the downstream sector, point...
Breaking News: European stainless steel mills shut down

Breaking News: European stainless steel mills shut down

Breaking News: European stainless steel mills shut down 31 August 2022 – More and more reports are arriving that European stainless steel producers are scaling back or shutting down production altogether. So far, more than 3 million tonnes of annual capacity are...
Stainless Espresso: EU natural gas prices down 20%

Stainless Espresso: EU natural gas prices down 20%

EU natural gas prices down 20% 30 August 2022 – EU natural gas prices fell significantly on Monday. Looking at the US market, but still very high. What does this mean for stainless steel prices? North American industry investing in equipment. Strong demand for...
Stainless Espresso: Hot-rolled coil prices rise

Stainless Espresso: Hot-rolled coil prices rise

Hot-rolled coil prices rise 29. August 2022 – Hot-rolled coil (HRC) prices have increased in recent days. Market sources report HRC price increases of up to 14%. Stainless steel smelter in Belgium remains closed. German natural gas storage facilities more than...