Stainless Espresso: Ferrous scrap the new hard currency, UAE imposes export ban

Oct 7, 2022 | Stainless Espresso

7 October 2022 – The United Arab Emirates has imposed an export ban on ferrous scrap. In South Korea, storm damage at one of the largest stainless steel producers is causing prices to rise dramatically, and availability is already limited. And EU imposes new...

Stainless Espresso: More freight, more economy – upward trend in the 4th quarter

Oct 6, 2022 | Stainless Espresso

6 October 2022 – Positive data from China, which can also be derived from the freight volumes heading towards Asia, point to a significant revival and positive sentiment in the world’s second largest economy. Which at the same time also has an impact on...

Stainless Espresso: Green hydrogen for green steel from green water?

Oct 5, 2022 | Stainless Espresso

5 Oktober 2022 – Green hydrogen is set to become the most important energy carrier for the European Union and EU steel producers in the future. But is hydrogen without green water green at all? Raw materials in stronger demand again at the start of the 4th...

Stainless Espresso: Prices for stainless steel scrap rise at start of October 2022

Oct 4, 2022 | Stainless Espresso

4 Oktober 2022 – Prices for stainless steel are rising worldwide at the beginning of October. Taiwan reports price increases of more than 10% in some cases. European energy surcharges for jump by more than 33%. Availability of nickel ore likely to decline due to...

Stainless Espresso: Raw materials, possible ban on Russian nickel and aluminium?

Sep 30, 2022 | Stainless Espresso

30 September 2022 – The possible ban on Russian raw materials from the LME warehouses caused the prices of aluminium and nickel in particular to jump yesterday. Has someone leaked out here that was actually only intended for the insider circle of large...