Jul 18, 2023 | Stainless Espresso
18 July 2023 – The Chinese Politburo’s decisions for the second half of 2023 are eagerly awaited, especially about interest rate developments. Commodity prices in Asia continue to be friendly. And scrap in parts of Asia scarce, pig iron demand therefore...
Jul 17, 2023 | Stainless Espresso
17 July – Stainless steel prices have stabilised further and Taiwanese market participants expect price increases for August, which are positively supported by a decline in production and the rebound in nickel, among other factors. From China, there are first...
Jul 14, 2023 | Stainless Espresso
14 July 2023 – The European Commission has launched public consultations on the Indonesian nickel export ban with a view to deciding on possible new punitive measures against Indonesia from autumn 2023. Next stage of escalation in the conflict with Indonesia?...
Jul 13, 2023 | Stainless Espresso
13 July 2023 – The prices for base metals, such as nickel, aluminum or zinc, have increased today on the SHFE by up to 2.7%. Other major commodity futures are also moving up again. SHFE plans warehouses outside China? G10 countries with unemployment rates down...
Jul 12, 2023 | Stainless Espresso
12 July 2023 – Global scrap availability is expected to deteriorate significantly in the near term after more and more Asian steelmakers announced plans to increase scrap quotas. And in the United States, prices are rising for HRC, CRC and HDG. Source
Jul 10, 2023 | Stainless Espresso
10 July 2023 – After a strong increase in steel and aluminium imports, the US government has voiced criticism towards Mexico and also brought up the possibility of reintroducing punitive tariffs. The US unemployment figures have fallen again. And the Chinese...
