Stainless Espresso: GCC Safeguard measures, and scrap is up again
The GCC have announced that the Gulf Cooperation Council countries have issued definitive Safeguard Measures on certain steel products. And scrap prices worldwide continue to rise sharply and could exceed $500 per ton. Stainless Espresso: GCC Safeguard measures, and...
EU steelmakers: caught between record profits and doom
European steelmakers with record profits – already at the beginning of January 2021 we had pointed out the record figures from the Q4 2020 of the EU mills. Which of course were distributed loud and clear by all industry media. After all, you have to make...
Stainless Espresso: Caught between record profits and scarce steel
Commodity prices are rising and rising. And are being further fueled by demand from China. In Europe, EUROFER announces how badly the European steel sector is doing. And in the same breath, EU steelmakers are cheering record profits. In addition, the US downstream...
Green Steel: Real social dialogue not welcome at the European Commission?
Who wouldn’t want a CO2 neutral, clean world? We certainly do. The very need to ensure our survival demands that we finally start to change our world. As is well known, this can only be done if everyone is brought on board in the social dialogue. Especially our...
Stainless Espresso: Scrap, iron ore and nickel continue upward trend
Two weighty factors in steel production, scrap and iron ore, continue to point upwards in terms of demand and price trends. And after the Chinese holidays, nickel rises on the Shanghai Future Exchange. Stainless Espresso: Scrap, iron ore and nickel continue upward...
Stainless Espresso: The extraordinary global steel market
The Stainless Espresso with the most important info for the day. Credit Suisse sees an “exceptional” global steel market in a recent analysis. The rating agency Care Ratings expects another possible price rally for steel in 2022, and Goldman Sachs sees...
Global steel price rally to continue in 2022?
In a recent analysis by Care Ratings, the credit rating agency looks at the global rally in steel prices in 2020/2021 and also projects that prices could continue to rise in 2022. Global steel price rally to continue in 2022? Where is the steel price increase coming...
Stainless Espresso: EU steel producers with January 2022 lead times
EU lead times for steel and stainless steel continue to lengthen and now appear to have reached January 2022. India has not yet reached the end of possible EU measures with the anti-dumping case on stainless steel. Nickel prices are rising again. And the Eurozone PMI...
Stainless Espresso: Alloy surcharges May 2021
Decline in alloy surcharges? Not really. The 400 series has increased between 45% and 100% since the end of 2020. We take an in-depth look at stainless steel alloy surcharges for May 2021. And also ask the really important question: where are stainless steel...
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