Sep 1, 2022 | Stainless Espresso
1 September 2022 – A strong increase in demand for European HRC, together with rising prices from EU long producers and falling stainless steel inventories in China, combined with higher demand from the downstream sector, point to the final end of the summer...
Aug 31, 2022 | Stainless Espresso
31 August 2022 – More and more reports are arriving that European stainless steel producers are scaling back or shutting down production altogether. So far, more than 3 million tonnes of annual capacity are already affected. The main reason cited by the major...
Aug 31, 2022 | Stainless Espresso
31 August 2022 – After isolated price increases at the beginning of the week, EU steel producers have now started to raise prices across the board. Market is getting bullish. Primary aluminium capacities in short supply – deficit of up to 1.2 million...
Aug 30, 2022 | Stainless Espresso
30 August 2022 – EU natural gas prices fell significantly on Monday. Looking at the US market, but still very high. What does this mean for stainless steel prices? North American industry investing in equipment. Strong demand for robots from the automotive...
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...
