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Stainless Espresso: China further limits production of steel and aluminum

Stainless Espresso: China further limits production of steel and aluminum

Aug 11, 2021 | Stainless Espresso

August 11, 2021 – After the market correction at the start of the week, the market has regained its footing and is currently pointing upwards again. Further production cuts of steel and aluminum are reported from China. In addition, there is still a possible...
Stainless Espresso: CISA calls for stricter export controls on steel

Stainless Espresso: CISA calls for stricter export controls on steel

Aug 10, 2021 | Stainless Espresso

Germany increases exports in June by over 23% year-on-year. CISA calls for tighter export restrictions on steel. Western economies are struggling with shortages of input products and labor – and can hardly save themselves from orders. Germany boosts exports to...
Stainless Espresso: Market starts to price in expected Fed rate hike

Stainless Espresso: Market starts to price in expected Fed rate hike

Aug 9, 2021 | Stainless Espresso

Aug. 9, 2021 – The market reacted Monday to a more likely interest rate hike by the U.S. Federal Reserve on the back of surprisingly good labor market data from the United States. In the EU, stainless steel prices rose again last week. Run on materials and labor...
Stainless Espresso: Lead times for EU steel products in March 2022?

Stainless Espresso: Lead times for EU steel products in March 2022?

Aug 6, 2021 | Stainless Espresso

August 6, 2021 – According to market sources, EU lead times have already arrived in March 2022. And the order books for 2021 at EU steel producers are full. Base metals, such as nickel and aluminum, continue their positive trend today. Chinese aluminum...
Stainless Espresso: China increasingly reliant on aluminum imports

Stainless Espresso: China increasingly reliant on aluminum imports

Aug 5, 2021 | Stainless Espresso

August 5, 2021 – China is increasingly reliant on aluminum imports and has become a net importer of aluminum over the past year. A trend that continues apace, prompting questions about whether the Chinese government will next tighten the thumbscrews on aluminum...
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