Stainless Espresso: Black Monday? The media’s urge to spread chaos

Mar 8, 2022 | Stainless Espresso

March 8, 2022 – Black Monday? Rather not. With effective headlines, the mass media have once again tried to influence the stock markets. A brief analysis of whether they made it and what opportunities are available to you right now. Nickel jumps briefly to over...

Stainless Espresso: Plus 8% – Chinese stainless steel prices explode upwards

Mar 7, 2022 | Stainless Espresso

7 March 2022 – Already on the spot markets and the SHFE, Chinese stainless steel prices have risen significantly on Monday by almost 8% and more than 10% respectively. Nickel is also up 12% on the Shanghai futures market. Immediately available nickel is up at...

Stainless Espresso: Chinese steel and stainless steel prices increase significantly

Mar 4, 2022 | Stainless Espresso

4 March 2022 – Chinese steel and stainless steel prices are currently rising significantly again. Spot prices in China have risen between 3 and 4% today. Base metals continue to rise due to strong demand, tight inventories and the conflict in Ukraine. And is...

Stainless Espresso: Nickel and aluminium prices race away

Mar 3, 2022 | Stainless Espresso

3 March 2022 – The nickel and aluminium prices have again significantly pulled away today. Already in Asia, futures rose by up to 5%. In Europe, nickel at the start of trading even jumped by almost 10%. Aluminium rose to a record high of over $ 3,700 per ton....

Stainless Espresso: Slump in Russian raw material deliveries

Mar 2, 2022 | Stainless Espresso

2 March 2022 – The slump in Russian raw material deliveries is likely to pose greater challenges for European machinery and plant manufacturers than the decline in Russian order volumes. Russian steel producers hit with EU sanctions. Steel prices rise. No more...