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Declining Demand And Tariff Chaos: The Double Squeeze On The Stainless Steel And Slab Market
The European and domestic stainless steel sector is experiencing deep stagnation, fueled by persistently weak demand for stainless scrap. According to operator reports, steel mills are limiting purchases, held back by a slowing end market on both the long and flat...
Brussels Stiffens Quotas On Steel Imports To Counter U.S. Post-Duties Dumping
Amid global tensions exacerbated by U.S.-imposed steel tariffs, the European Commission has announced a tightening of quotas on steel imports to the EU starting April 1. The main objective: to contain the risks of dumping by third countries, resulting from the likely...
Collapse Of Nickel Pig Iron Prices In China: Markets In Turmoil Amid Falling Futures And Global Uncertainties
The price of high nickel pig iron (NPI) in China fell sharply on Friday, April 11, marking a break in the bullish trend that had lasted since late January. Crucially influencing this was the slump in nickel and stainless steel futures, weakness in the downstream steel...
Chinese Authorities Accuse U.S. Of Abusing National Security Concept On Copper Imports
The Chinese government has formally accused the United States of abusing the concept of national security to justify the introduction of potential tariffs on copper imports, in an official document submitted to the U.S. Department of Commerce. According to Beijing's...