Aug 19, 2022 | Stainless Espresso
19 August 2022 – There is fierce competition for steel scrap. In the first half of 2022 alone, the EU exported almost as much scrap as in the whole of 2021 or 2020. It quickly becomes clear why ferrous and non-ferrous scrap is already being called the new gold....
Aug 18, 2022 | Stainless Espresso
18 August 2022 – Rising dividends at S&P 500 companies in the United States. Rising demand meets supply challenges. And crisis, no thanks. Identify and seize opportunities in a crisis. Source
Aug 17, 2022 | Stainless Espresso
August 17, 2022 – The LME has banned Russian nickel products from its warehouses in the UK. Chinese steel and aluminum producers are having to cut production or stop altogether due to energy rationing. Tsingshan is actually considering possible sales of...
Aug 16, 2022 | Stainless Espresso
August 16, 2022 – According to media reports, a majority stake in Tsingshan’s Indonesian stainless steel operations is to be sold to a Chinese state-owned company. Is this the price of salvation in the collapsed nickel deal? South African bill on scrap...
Aug 15, 2022 | Stainless Espresso
August 15, 2022 – China’s central bank has cut its key interest rate to support the domestic economy, in particular the real estate sector. EU imposes anti-dumping duties on corrosion-resistant steels originating in Russia and Turkey. And the UK announces...
Aug 12, 2022 | Stainless Espresso
August 12, 2022 – The nickel market rally continued into the weekend in Asia. And also the nickel on the LME. Where does this new nickel price rally come from? The ingredients for a new significant price increase in the raw material, which is not only important...
