Stainless Espresso: China strengthens steel demand for 2022 – Is the next boom coming now?

Dec 8, 2021 | Stainless Espresso

December 8, 2021 – The Chinese government has issued new fiscal and monetary guidelines to strengthen domestic demand, especially in the real estate sector. This should fuel steel and stainless steel demand in 2022. Is the next steel boom coming now? EU Carbon...

LME nickel inventories down by 59% since April 2021

Dec 7, 2021 | Stainless Espresso

December 7, 2021 – Nickel inventories on the LME have already fallen by more than 59% in 2021. And about 50% of the remaining inventories are already reserved. Indian aluminium is expected to become scarce and expensive. While European CO2 emissions have risen...

Stainless Espresso: Markets start the week with movement

Dec 6, 2021 | Stainless Espresso

December 6, 2021 – Commodity markets started the week with movement. The news tennis is exciting, as it tries to influence market sentiment – sometimes in the negative, sometimes in the positive direction. Overall, however, the figures look positive. And...

Stainless Weekend: Availability and delivery times for stainless steel

Dec 4, 2021 | Stainless Espresso

December 4, 2021 – A thoroughly eventful week lies behind us. With an outlook on stainless steel availability and delivery times in Europe and the world. New cuts in Chinese crude steel production in the run-up to the 2022 Winter Olympics. Nickel holds above...

Stainless Espresso: Chinese molybdenum prices rise significantly

Dec 3, 2021 | Stainless Espresso

December 3, 2021 – Chinese molybdenum prices have risen by more than 10% since mid-November 2021. What is behind this? On the SHFE and LME, the majority of base metals are up today. And why entrepreneurial strength can’t be achieved with bans and laws....

Stainless Espresso: Stainless steel availability and delivery times

Dec 2, 2021 | Stainless Espresso

December 2, 2021 – In talks with Thorsten Gerber, CEO Gerber Group, on current challenges in stainless steel availability and delivery times. There are also increasing reports from China that many steel producers will have to comply with strict production...

Stainless Espresso: Strong start, nickel and aluminum on the upswing

Dec 1, 2021 | Stainless Espresso

December 1, 2021 – Commodities on the LME started positively today, Wednesday. Aluminum, nickel and copper rise. Stock exchanges currently show friendlier and volatility calms down a bit. Philippine Berong nickel mine is exhausted will be shut down by the end of...

Stainless Espresso: Chinese Manufacturing PMI up in Nov 2021 in expansion zone

Nov 30, 2021 | Stainless Espresso

November 30, 2021 – While the Western press continues to try to stir up fear with the Omicron variant, China is proving that you can maneuver well through crises with consistent measures and deliberate actions. This is shown not only by the Chinese Manufacturing...

Stainless Espresso: LME Base Metals and EU stock exchanges start positively

Nov 29, 2021 | Stainless Espresso

November 29, 2021 – After last Friday had not ended so positively for the stock markets overall, the markets regained their footing on Monday and got off to a friendly and positive start. Oil contracts had already risen by over 4% on Sunday. Aluminium is...

Stainless Weekend: “Think first, then fire!”

Nov 27, 2021 | Stainless Espresso

November 27, 2021 – As the week drew to a close, it once again caused a little unrest on the markets. Fundamentally, nothing has changed for the time being – only the fear of a new Corona variant is being whipped through the media. As in the past, this has...