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Stainless Espresso: Iron ore in the seasonal cooling?

Stainless Espresso: Iron ore in the seasonal cooling?

Jun 21, 2021 | Stainless Espresso

Early in the year, the first analysts are writing about a seasonal slowdown in commodities. We take a closer look at this using HRC, iron ore and nickel as examples. And Malaysia extends the Corona lockdown. Nickel still positive Unlike other base metals, nickel...
Stainless Espresso: EU member states vote for Safeguard extension

Stainless Espresso: EU member states vote for Safeguard extension

Jun 19, 2021 | Stainless Espresso

On Friday, June 18, 2021, the possible extension of EU Safeguard on certain steel products moved a step closer. The majority of EU member states voted in favor of a three-year extension. This is already being portrayed by the major EU steel producers and parts of the...
Stainless Espresso: Fed mulls slight rate hike in 2023

Stainless Espresso: Fed mulls slight rate hike in 2023

Jun 18, 2021 | Stainless Espresso

After the Fed announced on June 17, 2021 that it is considering a possible slight rate hike in 2023, the markets have reacted as expected and set back slightly. However, have already recovered this morning. We look at the current values. Facts, figures, data: Fed...
Stainless Espresso: Stainless steel and aluminum still in short supply

Stainless Espresso: Stainless steel and aluminum still in short supply

Jun 17, 2021 | Stainless Espresso

Shortages of key stainless steel and aluminum products continue. In the United States, despite capacity increases, there is no sign of any easing on the steel market. In China, aluminum smelters are having to cut capacities by an estimated 750,000 MT due to energy...
Stainless Espresso: Base metals down, steel prices unimpressed

Stainless Espresso: Base metals down, steel prices unimpressed

Jun 16, 2021 | Stainless Espresso

Steel and stainless steel prices were unimpressed by the current movements in base metals. In the Gulf region, demand is picking up as stainless steel stocks dry up. And aluminum futures show only marginally attention to Chinese announcement. Base metals price...
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Gerber Steel South-West

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