Sep 6, 2021 | Stainless Espresso
September 6, 2021 – A coup took place in the African state of Guinea over the weekend. Guinea is also considered China’s most important bauxite supplier. Aluminum prices on SHFE and LME are already reacting. Stainless steel futures have risen sharply today...
Sep 5, 2021 | Stainless Espresso
September 5, 2021 – Chinese Nickel pig iron (NPI) prices have climbed to a new high despite further production cuts for Chinese stainless steel mills in August and September 2021, which should further underline the shortage of NPI and nickel ore. And steel...
Sep 3, 2021 | Stainless Espresso
September 3, 2021 – The green transformation in Europe is coming. But so far no one knows where the energy and hydrogen will come from. A German steel mill alone would need 3,000 wind turbines to meet its energy needs. Will Chinese anti-dumping duties on...
Sep 2, 2021 | Stainless Espresso
September 2, 2021 – An agreement in the EU-U.S. steel dispute is expected before the end of the year. Is the U.S. government preparing to negotiate with a proposal already rejected by the EU – a quota solution? Commodity markets for base metals continue to...
Sep 1, 2021 | Stainless Espresso
September 1, 2021 – The overall picture on the world raw material markets today is unchanged from the last few days. We are therefore very brief today. The attitude on the raw material markets is wait-and-see. Demand for nickel and aluminum is likely to lead to...