27 April 2022 – Has the suspension of the European anti-dumping measure on flat-rolled aluminium imports from China come to a quick end? Nickel prices on SHFE rose significantly again today. And aluminium prices are holding steady at a high level with an upward trend.
SHFE nickel up more than 5%
Nickel prices on the SHFE rose by more than 5% in some cases today as Chinese markets continue to be short of nickel.
Yesterday, nickel prices on the LME had already risen by more than 1% at the close of trading and today they are also showing positive tendencies towards the upside.
Aluminium rises again
Prices on the SHFE rose by more than 1.1% in some cases today. And on the LME, aluminium also started in positive territory.
Aluminium: Immediate end to EU anti-dumping suspension demanded
According to sources, European aluminium producers have demanded an immediate end to the anti-dumping suspension (AD668) on flat-rolled aluminium products from China. The background seems to be massive increases and dumped prices of Chinese imports. The European Commission has not yet responded to this appeal.
- Out of Nickel or the Day We Ran Out of Fuel
- EU Safeguard Review 2022 already decided?
- South Africa, EC includes EPA country in Safeguard measure
We at the Gerber Group have been trading in stainless steel worldwide for over 20 years. We are your experts when it comes to purchasing, import, logistics and services. Information is a vital part of this. Because only then can you and we make the right decisions. Do you have any questions? Contact us now.
Disclaimer: Many things here represent our opinion. Others are information from the Internet. We can therefore never claim to be correct or complete. And never base a business decision solely on the news you receive from us.