Stainless Espresso: Sell the rumor. Buy the fact.

Apr 14, 2021 | Stainless Espresso

Base metals fell in Shanghai towards morning on Tuesday, April 13, 2021. There were also broad losses on the London Metal Exchange. Cause here probably the expected Chinese trade data. Chinese trade surplus declines significantly in March As expected, the trade data...

Stainless Espresso: US finished steel prices high until fall, and the nickel supply propaganda

Apr 13, 2021 | Stainless Espresso

According to a survey by S&P Global Platts, US finished steel prices are expected to remain high until at least September 2021. Also in today’s Stainless Espresso: Why Tsingshan’s nickel supply story is full of holes. High US finished steel prices...

Stainless Espresso: Steel market in crisis mode, will China stop steel exports?

Apr 12, 2021 | Stainless Espresso

Today’s Stainless Espresso looks at the current outlook for the Chinese steel market and the possibility that China could stop exporting steel in 2021. What is the situation in Tangshan? And what is happening in Hebei now? Also, iron ores in China could be...

Stainless Espresso: End to 232 tariffs, Italian HRC and German coil contracts

Apr 11, 2021 | Stainless Espresso

The Stainless Espresso on Sunday. Today with the manufacturing industry in the United States calling for an end to Section 232 duties. With rising HRC prices in Italy. And those who don’t get their demand planning for the second half of the year under wraps now...

Stainless Espresso: For more free trade in a global world

Apr 10, 2021 | Stainless Espresso

Today in Stainless Espresso we have a short and sweet look at the world of free trade and what it actually means for the United States, Europe (especially Germany) and also China. Booster against the corona blues – free trade helps out of the crisis With this...

Stainless Espresso: Nickel on the upswing and production restrictions in China

Apr 9, 2021 | Stainless Espresso

Short and sweet with today’s stainless steel espresso: nickel has regained momentum and gained over $1160 in the last 30 days on the SHFE. Analysts are optimistic about nickel. First figures from China show how serious the government is with the production cuts....