Aug 29, 2022 | Stainless Espresso
29. August 2022 – Hot-rolled coil (HRC) prices have increased in recent days. Market sources report HRC price increases of up to 14%. Stainless steel smelter in Belgium remains closed. German natural gas storage facilities more than 80% full. And European...
Aug 26, 2022 | Stainless Espresso
26 August 2022 – Have you already had your dose of bad news today? The approach of the media and consulting firms “Bad news travels fast” or “Only bad news are good news” makes use of a human trait: Bad news gets more attention than good...
Aug 25, 2022 | Stainless Espresso
25 August 2022 – The German economy grew surprisingly in the second quarter of 2022, according to official data. Hot-rolled coil demand in China has increased significantly. And Turkish companies are at risk of being sanctioned by the United States when trading...
Aug 24, 2022 | Stainless Espresso
24 August 2022 – The EC announced today that the EU Safeguard measure on certain steel products will be adjusted following a WTO ruling. A look at the possible impact of this adjustment (spoiler: Safeguard will not be terminated). Chinese stainless steel spot...
Aug 23, 2022 | Stainless Espresso
23 August 2022 – Germany’s largest steel producer, thyssenkrupp, which has been rescued several times by billions in taxpayers’ money and is therefore almost a state-owned company, seems to be in trouble again in some areas. Market participants...
Aug 22, 2022 | Stainless Espresso
22 August 2022 – The US stock market is up 15% since mid-June despite challenges in the capital markets. And nickel futures in Asia are up more than 5% in some cases today. Indonesian nickel tax and concerns about shortages in raw material reserves drive price....
