Aug 25, 2021 | Stainless Espresso
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...
Aug 24, 2021 | Stainless Espresso
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...
Aug 23, 2021 | Stainless Espresso
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...
Aug 20, 2021 | Stainless Espresso
August 20, 2021 – How playing with fear affects commodity markets. Chinese stainless steel prices remain stable due to increased demand. CISA calls for more export discipline for steel products. And can 2020 really be used as a representative statistical source?...
Aug 19, 2021 | Stainless Espresso
Measures taken by the Chinese government are causing stainless steel exports to fall. This reduces available stainless steel imports to Europe, which is dependent on imports due to robust demand. Chinese NPI stable, nickel ore prices rise. Strong US steel demand...
Aug 18, 2021 | Stainless Espresso
While planned maintenance work on several US steel mills is pending in the United States and more than 800,000 st of crude steel production is estimated to be lost in 2021, energy problems and emissions controls in China are causing further shortages of aluminum. In...
Aug 17, 2021 | Stainless Espresso
August 17, 2021 – Does Eurofer’s report on the development of EU steel consumption, published on August 16, contain errors? In some parts, it seems that this may be the case. Nickel products for stainless steel in short supply. Chinese stainless steel...
Aug 16, 2021 | Stainless Espresso
August 16, 2021 – According to current calculations, the upcoming US infrastructure bill will increase domestic steel demand and require an additional 17 million tons of steel and stainless steel. Already, the United States is short 40 million tons of steel. US...
Aug 13, 2021 | Stainless Espresso
August 13, 2021 – Demand for electromobility in Europe increased by over 147% compared with the first half of 2020. This is driving the investment efforts of European automakers into car batteries – also and especially in their efforts to become...
Aug 12, 2021 | Stainless Espresso
August 12, 2021 – Chinese nickel production has fallen by more than 15% so far in 2021. Inventories have also fallen significantly. According to Deutsche Bank calculations, China will lose 2.4 million tons of aluminum production by mid-2022. And delivery times...
