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European Nickel-Bearing Stainless Surcharges Set to be Lower for November

Monthly alloy surcharges on nickel-bearing stainless steel flat-rolled products in Europe are set to fall for the first time in six months in November, the first mill announcement indicated Oct. 21. Finland’s Outokumpu, the continent’s largest stainless

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EU Skips India/Indonesia Stainless Duty, Imposes Electrode Duty

The EU has decided not to impose anti-subsidy duties on imports of stainless steel cold-rolled flat products originating in India and Indonesia. This goes against the expectations of European steelmakers’ association Eurofer. In May, the EU imposed

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European Stainless Flats Shortage Pushes Prices up Again

Tight European stainless steel hot and cold rolled coil supply is worsening amid slow sheet and coil derivative deliveries. Prices are increasing again on account of costly nickel and alloy surcharges, ferrochrome and other raw materials, market participants

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Worldsteel Short Range Outlook October 2021

The World Steel Association (worldsteel) today released an update of its Short Range Outlook (SRO) for 2021 and 2022. worldsteel forecasts that steel demand will grow by 4.5% in 2021 and reach 1,855.4 Mt after 0.1% growth in 2020. In 2022, steel demand will

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