Stainless Espresso: Nickel inventories on LME and SHFE decreased
Nickel inventories decreased on LME and SHFE. Fitch Ratings has raised its long-term nickel price forecast. And Russia is thinking aloud about increasing MET taxes for metal producers. Facts, figures, data: Nickel inventories fall For 12 days now, stocks for the...
Stainless Espresso: 25 steel producers must shut down plants
The next round of government measures to replace capacity and control emissions is starting in Tangshan, China. 25 steel producers must shut down plants. Chinese Chromium up almost $500 per ton on June 1. Industrial metals in stronger demand in the United States. And...
Stainless Espresso: Waiting is not an option at present!
In South Korea, prices for automotive steel are being increased for the first time in 4 years. In Europe, the flat steel availability crisis could worsen. And on LME and SHFE, nickel and stainless steel futures continue to rise. Waiting is currently not an option on...
Stainless Espresso: Available cargo space top trade topic again
The global economic recovery is progressing. This can be seen from the latest reports, especially from Asia. Order books are full, factories are working at full speed, warehouses in Asia are becoming increasingly crowded – but getting hold of freight capacity...