Feb 9, 2022 | Stainless Espresso
9 February 2022 – Spot prices for steel and stainless steel have risen further in Europe, China and Russia. Trend continues to be driven by high demand and tight availability. Goldman Sachs on Commodities: “You Name It, We’re Out Of It”....
Feb 8, 2022 | Stainless Espresso
February 8, 2022 – Chinese magnesium prices have rebounded sharply from their November 2021 low. LME aluminum prices at historic high. Alumina production in China cut by 15 million tons. Nickel, NPI and stainless steel prices continue to pick up. And the steel...
Feb 7, 2022 | Stainless Espresso
February 7, 2022 – After the Lunar New Year holidays, the Chinese stainless steel and aluminum market has started the new year on a bullish note. Very good demand, tight availability and an overall optimistic mood are fuelling prices on the Chinese SHFE and the...
Feb 4, 2022 | Stainless Espresso
4 February 2022 – The euro is still not history, even though many eulogies have already been made for it. The ECB’s decision to keep interest rates at current levels and to stop PEPP purchases comes as no surprise. And the Japanese want to increase...
Feb 3, 2022 | Stainless Espresso
3 February 2022 – China is adjusting tax rebates for battery scrap containing nickel, lithium, manganese or cobalt, among other materials, as of 1 March 2022. Prices for these raw materials have risen significantly in recent months. And the base metals are...
