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Stainless Espresso: Nickel price manipulation, is suspicion finally turning into evidence?

May 18, 2022 | Stainless Espresso

18 May 2022 – How real are the current prices after the nickel manipulation? And what influence do big US financial institutions and Chinese nickel producers have on such things? World’s largest shipping group posts best first quarter ever. And the...

Stainless Espresso: Shanghai comes out of lockdown, important economic stimulus

May 17, 2022 | Stainless Espresso

17 May 2022 – With the official announcement that Shanghai is to come out of lockdown, China is providing an important economic stimulus that is likely to influence not only domestic but also global demand. LME aluminium inventories at record low. Source

Stainless Espresso: Nickel short position reduced but not yet delivered?

May 16, 2022 | Stainless Espresso

16 May 2022 – The Tsingshan Group is said to have halved its short positions. However, deliveries have reportedly not yet arrived at any London Metal Exchange (LME) warehouse. Indonesian government confirms nickel reserves will run out from 2031. And Europe is...

Stainless Espresso: EU Safeguard, Chinese stainless steel with its own measure?

May 13, 2022 | Stainless Espresso

13 May 2022 – A “swelling tide of Chinese stainless steel” is already rolling onto European shores, according to EU steelmakers. Actual statistical data from Eurostat is said to show that it is a drastic increase. EC and manufacturers are already...

Stainless Espresso: EU anti-dumping on aluminium and steel and Safeguard Review

May 12, 2022 | Stainless Espresso

12 May 2022 – The EC is currently dealing with a number of anti-dumping cases. It intends to impose anti-dumping duties on HDG from Turkey and Russia. The EU Safeguard Review should be decided by the end of May 2022. And Chinese aluminium FRP imports back to...
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