Stainless Espresso: Small changes on the steel market = big effect?
As soon as there is even the slightest change on the steel market, even if it is only in the range of 0.35%, an immediate trend reversal is assumed. This is what we see in the currently published figures on global steel production for April 2021 and in the latest...
Stainless Espresso: Long US lead times and Chinese steel price movements
China wants to monitor the commodity market more closely and intervene in a regulatory capacity where necessary to ensure greater stability and security of supply. In the United States, metalformers are complaining about increasingly long lead times for steel...
Stainless Espresso: After choppy commodities, nickel up, stainless steel unimpressed
After an easing on the commodity exchanges was already apparent yesterday, spot prices for nickel and also the nickel contracts on the Shanghai Future Exchange rose again today. Also on the London Metal Exchange, nickel had already reached a value of over $ 17,000 per...