Is the next commodities supercycle coming? – Stainless Espresso

Mar 22, 2023 | Stainless Espresso

22 March 2023 – Another financial services provider sees a possible supercycle for commodities coming due to major shifts in capital flows. LME chaos is getting more and more confusing: Does everyone have a hand in it now? What will happen tomorrow? And...

Short sellers cash in, markets ignore banks crisis – Stainless Espresso

Mar 21, 2023 | Stainless Espresso

21 March 2023 – The markets have reacted calmly to the rescue of Credit Suisse. But the pressure that short-sellers have exerted on the market in the meantime is likely to have given them millions in profits. “Pockets of rocks” – now it seems...

Commodity exchange stores stones instead of nickel – Stainless Espresso

Mar 20, 2023 | Stainless Espresso

20 March 2023 – The commodity exchange LME does not come to rest. After several tons of material, which had been declared as nickel in a European LME certified warehouse, turned out to be simple stones, this again shakes confidence in the system of the London...

Ferrous scrap not a critical raw material in the EU after all? – Stainless Espresso

Mar 17, 2023 | Stainless Espresso

17 March 2023 – The European Commission presented its revised Critical Raw Materials Regulation on Thursday. At first glance, ferrous scrap does not appear to have made it onto the list – a setback for the EU steelmakers’ demand. Scrap markets trend...

EU ferrochrome benchmark prices for Q2 2023 jumping significantly – Stainless Espresso

Mar 16, 2023 | Stainless Espresso

16 March 2023 – Benchmark prices for EU ferrochrome are rising significantly. The key stainless steel raw material increases in price by more than 15% for Q2 2023. Key chrome suppliers and producers facing problems. Rating agency raises outlook for metals and...