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5 July 2022 – The inclusion of certain Chinese stainless steel products in the updated EU Safeguard Quotas raises dark forebodings. Are EC and EUROFER now planning to double anti-dumping duties on Chinese stainless steel? Nickel prices in Asia are rising again. And the US government will decide this week on Section 301 tariffs against Chinese imports.
4 July 2022 – EU member Netherlands will need up to 33 million tonnes of raw materials – especially steel, aluminium and nickel – in the coming years to achieve the Green Energy Transformation. A study from 2020 and a recent white paper from 2022 lead to the conclusion: without imports of metal it will not work in the next 20 years. And the nickel market is looking for a new pricing mechanism.
1 July 2022 – What happened to the new EU Safeguard quotas? This question will certainly be asked by market participants today. Surprisingly, and apparently without any official information, the quotas have been blocked as of 1 July 2022. The European Commission has so far remained silent on the matter.