by Gerber Group | Oct 14, 2022
Stainless steel availability with first gaps 14 October 2022 – The availability of stainless steel in the European Union is showing the first gaps for 304 and 316. Overland shipments remain a challenge. Mexico introduces export ban on certain scrap types. Asian...
by Gerber Group | Oct 13, 2022
Is the US government banning Russian aluminium? 13 October 2022 – The US government is currently considering a ban on Russian aluminium and is already looking at several options. LME is coming under increasing political pressure. Customers are already looking...
by Gerber Group | Oct 12, 2022
Stainless steel in short supply? 12 October 2022 – In August and September 2022 there was a significant shortage of Chinese stainless steel. This trend could now continue for October. And a British court approves lawsuits over cancelled nickel deals against the...
by Gerber Group | Oct 11, 2022
11 October 2022 – Asian spot and futures prices for nickel rose today, in some cases significantly. LME inventories continue to fall. And in China, steel and stainless steel production will be cut by up to 50% due to the upcoming 20th National Congress in...
by Gerber Group | Oct 10, 2022
Indian steel export tax with no end in sight 10 October 2022 – The Indian government’s steel export tax is set to remain in place until 2023 and will only be reassessed in the upcoming budget. Asian nickel premiums rose sharply on Monday. And Germany is...