May 10, 2022 | Stainless Espresso
10 May 2022 – The EU Carbon Border Tax CBAM is increasingly turning into a pipe-cracker for EU steelmakers as the European Commission wants to abolish ETS allowances and rejects export rebates as a double subsidy. US consumption is robust. Indian energy crisis...
May 9, 2022 | Stainless Espresso
9 May 2022 – Despite an expected drop in demand in Russia and Ukraine, the outlook for steel and stainless steel in 2022 remains positive and overall demand is expected to remain at last year’s level. Is the commodity market getting an alternative to...
May 6, 2022 | Stainless Espresso
6 Mai 2022 – Despite the fact that some publishers of market data had displayed incorrect LME closing prices and thus caused some unrest, nickel prices on the LME started the trading day stable. EC submits final proposal for autonomous tariff rate quotas....
May 5, 2022 | Stainless Espresso
5 May 2022 – As expected, the US Federal Reserve (Fed) announced a rate hike of 50 basis points to 1%. Markets and base metals react positively to the decision. HRC and stainless steel prices rise. And he who buys cheap buys twice – Beware of fraud in...
May 4, 2022 | Stainless Espresso
4 May 2022 – Hedge funds and investment firms like to bet on falling prices on the commodity exchanges and at the same time invest in large media companies. With the right news, they can quickly reap rich profits for their investors. Positive market data despite...
May 3, 2022 | Stainless Espresso
3 May 2022 – The International Nickel Study Group (INSG), which consists mainly of consumer countries, announced in April 2022 that it assumed a nickel production surplus for 2022. The INSG had already significantly overestimated the situation in 2021. This...
