Stainless Espresso: Bad mood? Crises are always opportunities

Aug 18, 2022 | Stainless Espresso

18 August 2022 – Rising dividends at S&P 500 companies in the United States. Rising demand meets supply challenges. And crisis, no thanks. Identify and seize opportunities in a crisis. Source

Stainless Espresso: LME bans Russian nickel from its UK warehouses

Aug 17, 2022 | Stainless Espresso

August 17, 2022 – The LME has banned Russian nickel products from its warehouses in the UK. Chinese steel and aluminum producers are having to cut production or stop altogether due to energy rationing. Tsingshan is actually considering possible sales of...

Stainless Espresso: Will Indonesian stainless steel group be sold to Chinese state-owned corporation?

Aug 16, 2022 | Stainless Espresso

August 16, 2022 – According to media reports, a majority stake in Tsingshan’s Indonesian stainless steel operations is to be sold to a Chinese state-owned company. Is this the price of salvation in the collapsed nickel deal? South African bill on scrap...

Stainless Espresso: Chinese central bank cuts key interest rate

Aug 15, 2022 | Stainless Espresso

August 15, 2022 – China’s central bank has cut its key interest rate to support the domestic economy, in particular the real estate sector. EU imposes anti-dumping duties on corrosion-resistant steels originating in Russia and Turkey. And the UK announces...

Stainless Espresso: Nickel continues rally to the weekend

Aug 12, 2022 | Stainless Espresso

August 12, 2022 – The nickel market rally continued into the weekend in Asia. And also the nickel on the LME. Where does this new nickel price rally come from? The ingredients for a new significant price increase in the raw material, which is not only important...