Sep 9, 2022 | Stainless Espresso
9 September 2022 – Nickel futures in Asia jumped significantly today. In some cases by more than 8.5%. LME nickel also started trading with significant gains. Overall, base metals, not only in Asia, are up significantly today. What happened? Source
Sep 8, 2022 | Stainless Espresso
8 September 2022 – The rebound in stainless steel prices continues. Not only are rising prices reported from China, but other Asian countries are joining in. And commodity group sees demand for nickel rising by more than 50% by 2030 and sees undersupply coming....
Sep 7, 2022 | Stainless Espresso
7 September 2022 – The spot prices for some grades of stainless steel continued to rise in China today. And according to media reports, Western imports of Russian metals have risen by more than 70% in some cases since the outbreak of the Ukraine war –...
Sep 6, 2022 | Stainless Espresso
6 September 2022 – Fires have broken out at a major stainless steel manufacturer in Pohang, South Korea, due to Typhoon Hinnamnor – extent of damage so far unknown. Stainless steel prices rise – Chinese manufacturers already stocking up extensively...
Sep 5, 2022 | Stainless Espresso
5 September 2022 – The prices of Asian nickel contracts jumped on Monday, in some cases significantly. Italian steelmakers are demanding support from the state. And stainless steel prices in China are rising. Source