The latest alloy surcharge forecast from ‘LZ-Prognose’ is available. Compared to the last issue most 304/304L and 316/316L surcharges for July have been reduced. Read more
It was reported last week from China that export taxes will be lifted. Details are however still not known yet, 10% tax on stainless steel seems to be realistic. Read more
The EU commercial vehicle market recorded an accelerated increase in new registrations of 179.2% (171,283 units). The low sales base 2020 was the main reason for this growth. Read more
Exports of the German electro industry increased by 12% yoy in March to EUR 19.7 billion. Aggregated for Q1, exports grew by 3.5% (EUR 54.2 billion). Read more
Various countries including Indonesia and Vietnam are heading for full exhaustion of the quota in “STS Cold Rolled Coils” segment; significant increase of exhaustion by South Korea in “Wire Rod” Read more
Korea Trade Commission held a public hearing on anti-dumping cases of flat rolled stainless imports from China, Taiwan and Indonesia. Final ruling will be in July 2021. Read more
The latest alloy surcharge forecast from ‘LZ-Prognose’ is available. Compared to the last Forecast, surcharges for June/July have been reduced again. Read more
The global leader in stainless steel automotive hose clamps presented its quarterly results. After a difficult year 2020 sales were 13% up in Q1/21. Read more
The market conditions for European stainless steel distributors are extremely challenging at the moment. In the current situation, they are facing a variety of problems. Read more
European stainless steel mills allocate material at the moment. Import material is difficult to get and expensive (long lead times, high freight rates) Read more
Markus Moll is speaking about the strong Impact that US President recently announced US Rescue initiative for Infrastructure has on the use of stainless. Read more
The Slovenian stainless and special steel producer SIJ (with the companies Acroni – STS quarto plate -and Ravne – long products – reported final results for 2020. Read more
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