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...
Jun 17, 2021 | Stainless Espresso
Shortages of key stainless steel and aluminum products continue. In the United States, despite capacity increases, there is no sign of any easing on the steel market. In China, aluminum smelters are having to cut capacities by an estimated 750,000 MT due to energy...
Jun 16, 2021 | Stainless Espresso
Steel and stainless steel prices were unimpressed by the current movements in base metals. In the Gulf region, demand is picking up as stainless steel stocks dry up. And aluminum futures show only marginally attention to Chinese announcement. Base metals price...
Jun 15, 2021 | Stainless Espresso
Still on Monday, the European Union had to correct its error in the Safeguard calculations to the WTO. Only a few hours after we had pointed it out. The European market expects a continuing steel shortage and rising prices. And alloy prices in the EU are rising to...
