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...
Dec 11, 2021 | Stainless Espresso
December 11, 2021 – An interesting week with some back and forth on the commodity markets and falling nickel inventories. Good news for steel demand in China through new financial instruments for the real estate sector. Good news from the US manufacturing sector...
Dec 10, 2021 | Stainless Espresso
December 10, 2021 – Record investment in the automotive chips sector. LME and SHFE are moving sideways today. Nickel is expected to rise to $ 21,000 to $ 21,500 per tonne in 2022. China increasingly dependent on bauxite imports. And price increases for raw...
Dec 9, 2021 | Stainless Espresso
December 9, 2021 – Manufacturing in the US continued to grow for the 18th consecutive month. This is shown by data from the Manufacturing ISM Report for November 2021. Scrap prices for stainless steel are keeping strong. Aluminium production in China holding...
Dec 8, 2021 | Stainless Espresso
December 8, 2021 – The Chinese government has issued new fiscal and monetary guidelines to strengthen domestic demand, especially in the real estate sector. This should fuel steel and stainless steel demand in 2022. Is the next steel boom coming now? EU Carbon...
