Stainless Espresso: Nickel fundamentals remain positive
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...
Stainless Espresso: Commodity prices continue to rise
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...
Stainless Espresso: Good economic data have a positive impact on the markets
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...
Stainless Espresso: Dollar, nickel and aluminum rise
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...