Jun 28, 2021 | Stainless Espresso
The week starts with subdued metals on the spot markets. Malaysia extends the lockdown again. While Australia reports records in iron ore exports, India is running out of ore – and is discussing an export ban on steel. And the European Commission officially...
Jun 27, 2021 | Stainless Espresso
In India, the industry is calling for an export ban on steel and iron ore to counter the sharp rise in raw material costs. And EU pension funds see nickel on the upswing in the long term. EU pension funds see nickel price on long-term upswing A new survey of 150...
Jun 26, 2021 | Stainless Espresso
Russian Prime Minister Mikhail Mishustin yesterday confirmed the announced export tax on ferrous and non-ferrous metals. Germany is planning tax gifts worth billions to domestic steel producers. And the euro zone is recovering faster than expected. Russian export tax...
Jun 25, 2021 | Stainless Espresso
While nickel has continued to rise on SHFE and LME and the other metals are also on the upswing, Russia wants to introduce export taxes on steel, nickel, aluminum and other products. In the United States, steelmakers face up to 164 more days of maintenance by the end...
Jun 24, 2021 | Stainless Espresso
Opinions differ on the trend in market prices for steel and stainless steel. Some are singing the song of the end of the steel market boom. Others see no end in sight. In China, at any rate, domestic stainless steel prices are rising to a 4.5-year high. And the...
Jun 23, 2021 | Stainless Espresso
Approval among member states for EU Safeguard measures has fallen sharply. Spot prices for metals up. Futures in the plus. And Indonesia wants to limit production of cheap Nickel Pig Iron. Base Metals and stainless steel prices up Chinese spot prices in the important...
Jun 22, 2021 | Stainless Espresso
Yesterday seasonal cooling on the iron ore market, today a different picture emerges. Chinese regulators startet an investigation and kept an eye on the spot iron ore market on Monday. They are looking for price gouging and hoarding. The background is that prices have...
Jun 21, 2021 | Stainless Espresso
Early in the year, the first analysts are writing about a seasonal slowdown in commodities. We take a closer look at this using HRC, iron ore and nickel as examples. And Malaysia extends the Corona lockdown. Nickel still positive Unlike other base metals, nickel...
Jun 19, 2021 | Stainless Espresso
On Friday, June 18, 2021, the possible extension of EU Safeguard on certain steel products moved a step closer. The majority of EU member states voted in favor of a three-year extension. This is already being portrayed by the major EU steel producers and parts of the...
Jun 18, 2021 | Stainless Espresso
After the Fed announced on June 17, 2021 that it is considering a possible slight rate hike in 2023, the markets have reacted as expected and set back slightly. However, have already recovered this morning. We look at the current values. Facts, figures, data: Fed...
