Aug 27, 2021 | Stainless Espresso
August 27, 2021 – As reported by the Association of German Chambers of Industry and Commerce (DIHK), 49% of companies in Germany have difficulties procuring steel. The Ifo Institute even says that 70% of companies are unable to procure sufficient starting...
Aug 26, 2021 | Stainless Espresso
Nickel fundamentals remain positive. While BHP expects a demand growth of 500% for battery nickel, a Chinese producer stops production. Nickel futures on LME and SHFE seem to have noticed this as well. The World Bureau of Metal Statistics has identified a shortfall of...
Aug 25, 2021 | Stainless Espresso
August 25, 2021 – Commodity prices continued to rise today. Nickel and aluminum futures have risen. US infrastructure package continues to take shape and is expected to be passed this year. Despite rising capacity utilization, U.S. steel prices to continue to...
Aug 24, 2021 | Stainless Espresso
August 24, 2021 – Good economic data: The German economy is performing better than expected, according to data published today by the Federal Statistical Office for the 2nd quarter of 2021. Metals are continuing to improve. And machinery manufacturers in the...
Aug 23, 2021 | Stainless Espresso
August 23, 2021 – Dollar, nickel and aluminum rose again today, Monday. After much speculation in the past week and the values on the commodity exchanges were so depressed, they are already picking up again at the start of the new week. The automotive industry...
Aug 20, 2021 | Stainless Espresso
August 20, 2021 – How playing with fear affects commodity markets. Chinese stainless steel prices remain stable due to increased demand. CISA calls for more export discipline for steel products. And can 2020 really be used as a representative statistical source?...
