Apr 7, 2022 | Stainless Espresso
7 April 2022 – German steel inventories are expected to continue to fall significantly in the coming months, according to market sources. High demand and low production are keeping intra-European steel supply tight. This could now be compounded by an import ban...
Apr 6, 2022 | Stainless Espresso
6 April 2022 – According to current forecasts, copper will remain in short supply in 2022. The deficit in copper supply could even increase dramatically by 2030. UK financial regulator scrutinises nickel incident at LME, at the same time JPMorgan announces it...
Apr 5, 2022 | Stainless Espresso
5 April 2022 – Is there a breather for nickel prices? Today’s start on the LME casts doubt on this. But also in other respects there is much to say against nickel prices falling in the foreseeable future. LME aluminum stocks at record low. And US...
Apr 4, 2022 | Stainless Espresso
4 April 2022 – Nickel (+3%) and aluminium (+1.5%) started strong in LME trading on Monday morning. Positive labour market data was reported from the United States and Germany. And what happens to dumped aluminium imports into Europe? Source
Apr 1, 2022 | Stainless Espresso
1 April 2022 – China is running out of HRC and steel slabs after Russia and Ukraine dropped out as important steel suppliers. Japan gets US tariff rate quota – but only for steel, not for aluminium. And beware of fortune seekers in the steel trade....