Apr 19, 2021 | Stainless Espresso
Today in Stainless Espresso: China announces further steel capacity cuts. More than 20 million tons of steel less in Shandong. Demand for steel in India exceeds production capacity according to Jindal managing director. And iron ore prices continue to rise in Asia due...
Apr 18, 2021 | Stainless Espresso
Stainless Espresso on Sunday with a look at the European Union’s desire for unfair competitive advantages with a 6-month halt to all tariffs with the United States. And the Chinese government’s opposition to the European Union’s Carbon Border...
Apr 16, 2021 | Stainless Espresso
Today’s Stainless Espresso takes a quick look at the new Dow Jones record and the impact on Base Metals’ performance in Shanghai this morning. We also have an opinion on the EU trade agreements and that the EU Green Deal is becoming a serious problem for...
Apr 15, 2021 | Stainless Espresso
Today in Stainless Espresso: Domestically Chinese stainless steel prices rise. China and Latin America drive up Black Sea billet prices. And Varoufakis accuses von der Leyen of “outrageous greenwashing” in the EU. China’s Domestic Stainless Steel Prices...
Apr 14, 2021 | Stainless Espresso
Base metals fell in Shanghai towards morning on Tuesday, April 13, 2021. There were also broad losses on the London Metal Exchange. Cause here probably the expected Chinese trade data. Chinese trade surplus declines significantly in March As expected, the trade data...
