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An eventful week in the steel world lies behind us. Rising prices for nickel, steel and stainless steel. Increasingly short material in Europe and the United States. And freight rates went through the roof.

Let’s take a quick look at the important headlines of calendar week 51 2020.

Weekly Steel Review
Weekly Steel Review 51/2020

The steel headlines of the week

Asian stainless cold-rolled coils recover as nickel rises

London nickel climbs to 14-month high on fears of supply shortages

Container freight rates from Asia rise to new highs – ‘it’s gone crazy’

Stainless Steel: Producers cautious on capacity expansion

Further rise in U.S. hot-rolled coil prices expected

EU steel prices to rise, imports to fall further

Can I still get stainless steel sheets and coils in 2020/2021?

Offer increase: Mills in Europe will increase domestic HRC prices

Outokumpu raises its guidance for the fourth quarter

Rising metal prices in international market hit Pakistani industry

European Union to impose anti-dumping duty of up to 7.8% on some Turkish steel imports

Posco raises manganese purchase price for January delivery

Outlook for the week ahead

The coming week may be quieter. Just before the holidays, the market quiets down a bit. Of course, we’ll continue to keep an eye on the headlines for you. As soon as we become aware of something important, we’ll publish it here for you.

Sign up for our newsletter now. Then you will no longer miss any important news on steel and stainless steel. You will then receive an update from us once or twice a week.

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