Oct 19, 2021 | Stainless Espresso
October 19, 2021 – Goldman Sachs sees the top in the commodity supercycle not yet reached and expects it to continue for quite some time due to lack of capacity. Raw materials for European EV battery market are lacking. And South Africa’s Richards Bay bulk...
Oct 18, 2021 | Stainless Espresso
October 18, 2021 – Metal values on commodity exchanges rose again on Monday due to the global energy crisis. For nickel, aluminium, manganese it goes up. Outliers can definitely be spotted in Zinc and in Coke futures, which shoot up 8 and 9% respectively....
Oct 16, 2021 | Stainless Espresso
October 16, 2021 – Nickel and aluminium, along with copper and zinc, staged a strong rally on Friday. While copper closed at more than $10,000 per tonne and zinc is at more than $3,800 per tonne, nickel briefly jumped back above $20,000. Aluminium joined the...
Oct 15, 2021 | Stainless Espresso
October 15, 2021 – Russian aluminium giant Rusal wants to export more aluminium to China. Italian demand for HRC increases significantly. Is the EU market for heavy plates becoming bullish? And steel scrap prices up more than 8.5%. Rusal to significantly expand...
Oct 14, 2021 | Stainless Espresso
October 14, 2021 – Taiwan has announced its intention to introduce a carbon pricing mechanism by 2023 along the lines of the EU’s carbon border tax (CBAM). Chinese metal imports increased significantly in some cases in September. Copper prices up by more...
