Stainless Espresso: US infrastructure bill increases domestic steel shortfall by probably another 17 million tons

Aug 16, 2021 | Stainless Espresso

August 16, 2021 – According to current calculations, the upcoming US infrastructure bill will increase domestic steel demand and require an additional 17 million tons of steel and stainless steel. Already, the United States is short 40 million tons of steel. US...

Stainless Espresso: Growth market for car batteries

Aug 13, 2021 | Stainless Espresso

August 13, 2021 – Demand for electromobility in Europe increased by over 147% compared with the first half of 2020. This is driving the investment efforts of European automakers into car batteries – also and especially in their efforts to become...

Stainless Espresso: Chinese nickel production down 15%

Aug 12, 2021 | Stainless Espresso

August 12, 2021 – Chinese nickel production has fallen by more than 15% so far in 2021. Inventories have also fallen significantly. According to Deutsche Bank calculations, China will lose 2.4 million tons of aluminum production by mid-2022. And delivery times...

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

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...