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Stainless Espresso: Demand for stainless steel high, markets optimistic

Feb 16, 2022 | Stainless Espresso

16 February 2022 – The demand for stainless steel remains high. The continuing bullish mood on the stock markets in Asia and North America, but also in Europe, is contributing to this. Stainless steel futures on the SHFE have risen by 12% since the beginning of...

Stainless Espresso: Gambled away? Why nickel matte does not weigh on prices

Feb 15, 2022 | Stainless Espresso

15 February 2022 – Although there have been attempts to artificially depress the nickel price in recent weeks with nickel matte reports, they have failed. The market is currently very tight and nickel prices are above $ 23,000. The question is whether someone...

Stainless Espresso: Nickel with a strong gain of more than 4.5%

Feb 14, 2022 | Stainless Espresso

14 February 2022 – Nickel with strong gain on Monday morning. After inflation worries had slightly weighed on the commodity exchanges on last Friday, important metal values are rocketing away today. Chinese spot prices for stainless steel increase strongly. US...

Stainless Espresso: Chinese credit demand rises significantly

Feb 11, 2022 | Stainless Espresso

11 February 2022 – According to data from the Chinese central bank, demand for credit has risen significantly. This is an important leading indicator of economic growth and rising demand among companies and consumers. Steel prices are currently rising worldwide,...

Stainless Espresso: Aluminium price storm – $4,000 per ton possible?

Feb 10, 2022 | Stainless Espresso

10 February 2022 – Aluminium prices are currently in a perfect storm. Analysts even see prices of $4,000 per tonne as possible for 2022. What is behind this? And the base metals on the LME and SHFE are rising, in some cases significantly. Stainless steel spot...
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Gerber Steel South-West

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