Stainless Espresso – Coffee Break

May 16, 2023 | Stainless Espresso

16 May 2023 – No, the makers of Stainless Espresso will not become quieter or stop pointing their fingers critically at what no one else dares to do. No, the makers of Stainless Espresso will not become quieter or stop pointing their fingers critically at what...

Chinese NEV Market pulls away, nickel in short supply – Stainless Espresso

May 15, 2023 | Stainless Espresso

15 May 2023 – The Chinese NEV market continues to pick up significantly. Market sources report tight nickel inventories and lack of availability. Nickel inventories at the SHFE continue to be historically low and are down 94% from 2020 levels. And U.S....

China grabs for scrap, imports rise significantly in 2023 – Stainless Espresso

May 12, 2023 | Stainless Espresso

12 May 2023 – The Chinese hunger for scrap seems to be awakened if one looks at the current import figures for steel and stainless steel scrap into China. Stainless steel scrap in particular is pulling away tremendously. Bank upgrades outlook for producers in...

Is the EU turning from scrap exporter to scrap importer? – Stainless Espresso 

May 11, 2023 | Stainless Espresso

11 May 2023 – The European Union could go from being an exporter to an importer of steel scrap in less than 5 years. And as steel production around the world increasingly switches to electric arc furnaces, a race is on for the coveted raw material. US inflation...

Base Metals: Aluminum and copper soon in short supply? – Stainless Espresso

May 10, 2023 | Stainless Espresso

10 May 2023 – Demand for base metals, such as aluminum and copper, is meeting an increasingly tight supply. And the expansion of mining capacities is not keeping pace. China is massively expanding EAF capacities for steel, which should soon make scrap even more...