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...
May 30, 2021 | Stainless Espresso
China has drastically increased the speed at which it wants to achieve carbon neutrality. CISA now reports that 620 million tons of annual production have already been converted to low emissions. Germany again reports shortages of wood and steel, threatening its...
May 28, 2021 | Stainless Espresso
The European Commission has published today, May 28, 2021, the provisional anti-dumping duties on stainless steel products from India and Indonesia and now enter into force. Anti-dumping duties for India and Indonesia As a result, anti-dumping duties are now in place...
May 28, 2021 | Stainless Espresso
GM has announced it will restart some of its auto plants that were temporarily shut down due to the global shortage of semicondutor chips. What is good news for some, however, could pose problems for others. And have you ever made a major business decision based on...
May 27, 2021 | Stainless Espresso
As soon as there is even the slightest change on the steel market, even if it is only in the range of 0.35%, an immediate trend reversal is assumed. This is what we see in the currently published figures on global steel production for April 2021 and in the latest...
May 26, 2021 | Stainless Espresso
China wants to monitor the commodity market more closely and intervene in a regulatory capacity where necessary to ensure greater stability and security of supply. In the United States, metalformers are complaining about increasingly long lead times for steel...
May 25, 2021 | Stainless Espresso
After an easing on the commodity exchanges was already apparent yesterday, spot prices for nickel and also the nickel contracts on the Shanghai Future Exchange rose again today. Also on the London Metal Exchange, nickel had already reached a value of over $ 17,000 per...
