Jun 10, 2021 | Stainless Espresso
Contrary to the recent chants of doom for steel prices, HRC futures in China are well up today. Stainless steel futures are also up. The background to this is, among other things, market concerns about the availability of raw materials for steel production. Iron ore...
Jun 9, 2021 | Stainless Espresso
The European Union and the United States are expected to reach an agreement on the tariff dispute at the EU-US Summit on June 15. Tariffs on steel and aluminum are also on the agenda. But when can anything concrete really be expected here? On the SHFE, base metals are...
Jun 8, 2021 | Stainless Espresso
The media are quick to sound a swan song for the commodity and steel markets these days. “Sharp price drops, high volatility, steel exports from China collapse.” Is any of this real? Often, a closer look reveals only a blatant ignorance of the market on...
Jun 7, 2021 | Stainless Espresso
A new week has begun. That’s when the eyes first turn to what you really need to know. What are the base metals doing, where does nickel stand, what are stainless steel prices doing and what else could be in store this week. Read that now in a nutshell in your...
Jun 5, 2021 | Stainless Espresso, Uncategorized
Since 2020, there has been an increasingly severe shortage of steel and stainless steel in Europe and the United States. And there is still no relief for the threatened steel processing industry. Serious steel and stainless steel shortages in Europe Since fall 2020,...
Jun 4, 2021 | Stainless Espresso
After a short setback on Thursday, June 3, 2021, the nickel has stabilized again today. And all the world is looking tensed to Brussels: has the end of EU Safeguards come? There is a possibility that there will be an update today. Data, facts, figures: US labor market...
Jun 3, 2021 | Stainless Espresso
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...
Jun 2, 2021 | Stainless Espresso
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...
Jun 1, 2021 | Stainless Espresso
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...
May 31, 2021 | Stainless Espresso
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...
