Sep 21, 2022 | Stainless Espresso
21 September 2022 – Asian nickel prices have risen significantly again today. Shortly after the start of trading, LME nickel was already up almost 3%. Since the beginning of the month, nickel has thus already gained more than 20% on the SHFE and LME. At the same...
Sep 20, 2022 | Stainless Espresso
20 September 2022 – Steel prices in South Korea have soared since Typhoon Hinnamnor. In some cases by more than 16% within just a few days. In China, the coming peak season in the construction sector is already looming over steel demand. Other countries announce...
Sep 19, 2022 | Stainless Espresso
19 September 2022 – South Korea’s largest steel mill will lose about 1.7 million tonnes of steel production, according to the company. Normalisation of production not expected before end of 2022. Nickel price in China continues to rise. LME nickel up 19%...
Sep 16, 2022 | Stainless Espresso
16 September 2022 – A fire at the Russian nickel producer Nornickel has severely damaged part of the nickel electrolysis department. How has the nickel price developed so far in September 2022? And US consumers still in a buying mood, especially for building...
Sep 15, 2022 | Stainless Espresso
15 September 2022 – The Indian steel export tax, which covers about 95% of Indian steel and stainless steel products, is to remain in place until at least the end of 2022. In Europe, stainless steel demand continues to pick up significantly, which could become a...
Sep 14, 2022 | Stainless Espresso
14 September 2022 – Stainless steel prices are influenced by various factors. Besides nickel and ferrochrome, important indicators include 300 series stocks and stainless steel scrap prices. Rebar demand in Europe good, prices expected to rise. Also on scrap:...
