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.
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