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31 July 2018
The falls in grade 304 surcharges, which amount to some 3.5% in Europe and 4.6% in the USA, have been driven almost entirely by changes in nickel prices, which have slipped from around $15,000/tonne at the end of June to some $13,500/tonne as of writing.
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31 July 2018
With regards ferrochrome, the major development in recent weeks concerns the ending of environmental inspections in China’s Inner Mongolia province.
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31 July 2018
Downloadable Excel files with MBR's prices and other stainless steel statistics for the month of July 2018
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31 July 2018
Countries already facing trade duties (e.g. anti-dumping duties) will not be punished twice.
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31 July 2018
A look back at our previous forecasts.
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31 July 2018
Any August base price increases are being offset by broad declines in alloy surcharges for austenitic stainless steel grades with nickel prices falling 5.8% over the past month.
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31 July 2018
The steady decline in global nickel inventories remains a bullish feature – SHFE nickel stocks reached a fresh 2018 low of just 19,806 tonnes after 1,552 tonnes were removed in the week to July 27.
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31 July 2018
Aside from pricing, the major development this month in global stainless steel markets is the decision taken by the European Commission to impose a system of quotas and tariffs on exports of various steel products (including stainless steels), at least through until February 2019.
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31 July 2018
Despite ongoing price falls, the discount available on scrap over the equivalent cost of primary raw materials has halted its downward trend in recent weeks.
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31 July 2018
Our average Wuxi assessment at the end of July excluding sales taxes and converted to dollars was $1,970 per tonne, almost $30 per tonne lower than one month prior.