Aug 31, 2021 | Stainless Espresso
August 31, 2021 – Indian aluminum producers are running out of energy, according to recent press reports, after Coal India Ltd drastically reduced coal supplies without notice. In China, six other stainless steel producers in Guangxi province are having to cut...
Aug 30, 2021 | Stainless Espresso
August 30, 2021 – Chinese aluminum manufacturers have to look for new energy sources. Aluminum prices at 15 year high. Fed to pursue market-friendly quantitative easing. Nickel and stainless steel are rising sharply. Shortage: Stainless steel prices in Europe...
Aug 27, 2021 | Stainless Espresso
August 27, 2021 – As reported by the Association of German Chambers of Industry and Commerce (DIHK), 49% of companies in Germany have difficulties procuring steel. The Ifo Institute even says that 70% of companies are unable to procure sufficient starting...
Aug 26, 2021 | Stainless Espresso
Nickel fundamentals remain positive. While BHP expects a demand growth of 500% for battery nickel, a Chinese producer stops production. Nickel futures on LME and SHFE seem to have noticed this as well. The World Bureau of Metal Statistics has identified a shortfall of...
Aug 25, 2021 | Stainless Espresso
August 25, 2021 – Commodity prices continued to rise today. Nickel and aluminum futures have risen. US infrastructure package continues to take shape and is expected to be passed this year. Despite rising capacity utilization, U.S. steel prices to continue to...
