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Stainless Espresso: Nickel with a strong gain of more than 4.5%

Feb 14, 2022 | Stainless Espresso

14 February 2022 – Nickel with strong gain on Monday morning. After inflation worries had slightly weighed on the commodity exchanges on last Friday, important metal values are rocketing away today. Chinese spot prices for stainless steel increase strongly. US...

Stainless Espresso: Chinese credit demand rises significantly

Feb 11, 2022 | Stainless Espresso

11 February 2022 – According to data from the Chinese central bank, demand for credit has risen significantly. This is an important leading indicator of economic growth and rising demand among companies and consumers. Steel prices are currently rising worldwide,...

Stainless Espresso: Aluminium price storm – $4,000 per ton possible?

Feb 10, 2022 | Stainless Espresso

10 February 2022 – Aluminium prices are currently in a perfect storm. Analysts even see prices of $4,000 per tonne as possible for 2022. What is behind this? And the base metals on the LME and SHFE are rising, in some cases significantly. Stainless steel spot...

Stainless Espresso: Spot prices for stainless steel and steel continue to rise

Feb 9, 2022 | Stainless Espresso

9 February 2022 – Spot prices for steel and stainless steel have risen further in Europe, China and Russia. Trend continues to be driven by high demand and tight availability. Goldman Sachs on Commodities: “You Name It, We’re Out Of It”....

Stainless Espresso: Chinese magnesium prices pick up sharply

Feb 8, 2022 | Stainless Espresso

February 8, 2022 – Chinese magnesium prices have rebounded sharply from their November 2021 low. LME aluminum prices at historic high. Alumina production in China cut by 15 million tons. Nickel, NPI and stainless steel prices continue to pick up. And the steel...

Stainless Espresso: Bullish start for stainless steel after Lunar New Year

Feb 7, 2022 | Stainless Espresso

February 7, 2022 – After the Lunar New Year holidays, the Chinese stainless steel and aluminum market has started the new year on a bullish note. Very good demand, tight availability and an overall optimistic mood are fuelling prices on the Chinese SHFE and the...
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