Dec 17, 2021 | Stainless Espresso
December 17, 2021 – Commodity and equity markets have reacted positively to announcements by central banks in the United States, the European Union and the United Kingdom. Base metals on the LME and SHFE have risen significantly. Zinc jumps more than 4% on...
Dec 16, 2021 | Stainless Espresso
December 16, 2021 – Export taxes on Chinese aluminum products could fall in 2022. This is according to Chinese government documents we have been able to view. The US Federal Reserve’s announcement to accelerate tapering is positively received by the...
Dec 15, 2021 | Stainless Espresso
December 15, 2021 – Eurozone industry gets off to a strong start in Q4 2021. The production of industrial goods in particular picked up. EU aluminum premiums increased further. Explosion at US stainless steel facility leads to production stoppage. Eurozone...
Dec 14, 2021 | Stainless Espresso
December 14, 2021 – Economy stabilization in 2022: The Chinese government has made stabilizing the domestic economy a priority in 2022. Coal, steel and stainless steel futures up. Chinese aluminum inventories continue to empty, prices up as much as 1.7%....
Dec 13, 2021 | Stainless Espresso
December 13, 2021 – The International Monetary Fund (IMF) currently reports that global metal demand for renewable energies could increase by 3 billion tonnes by 2050. Relevant raw materials for steel production, such as silicon metal, molybdenum, nickel and...