Stainless Espresso: 3.5 million tons less aluminum production in China

Sep 29, 2021 | Stainless Espresso

September 29, 2021 – China has drastically reduced its aluminum production in 2021. The government’s measures now add up to more than 3.5 million tons of annual production. SHFE is stepping up its entry into the trillion-dollar business of green...

Stainless Espresso: Chinese stainless steel producers are limiting supply

Sep 28, 2021 | Stainless Espresso

The supply of Chinese stainless steel was significantly reduced shortly after the announcement of further energy rationing, this time in Fujian province. Nickel prices should stabilize due to supply and demand situation. EU Trade Chief moderately optimistic about...

Stainless Espresso: EU-U.S. negotiations on steel and aluminum tariffs to begin Wednesday

Sep 27, 2021 | Stainless Espresso

Negotiations on an end to reciprocal U.S.-EU punitive tariffs on aluminum and steel are scheduled for next Wednesday. The steel lobby already welcomes a possible quota solution. Aluminum producers, on the other hand, reject import quotas on aluminum. Energy and metal...

Stainless Espresso: calm, order and chips

Sep 24, 2021 | Stainless Espresso

Before the weekend, it is currently rather quiet on the markets. China is so far focusing on prudence and order in the real estate group Evergrande. And the United States wants to finally end the chips shortage in the automotive industry. Markets: calm before the...

Stainless Espresso: Clever move by thyssenkrupp?

Sep 23, 2021 | Stainless Espresso

September 23, 2021 – Magnesium prices in China continue to rise. Stainless steel and aluminum futures continue to rise. Aluminum Alloys shoot upwards. Green steel: Clever move by thyssenkrupp? And Germany fails to make the green turn. More than 80% hydrogen must...