May 24, 2021 | Stainless Espresso
Over the weekend, the commodity markets have calmed down somewhat. And a stabilizing trend can already be seen on the LME. Also at the SHFE it has calmed down further and a flattening tendency in the price decline of the base metals can be seen. The status on LME...
May 23, 2021 | Stainless Espresso
The commodity markets were for many the determining topic in the past week. Thorsten Gerber has already given his assessment on Friday. In addition, an article from forexlive.com caught our attention. And the China Iron and Steel Industry Association (CISA) is keeping...
May 21, 2021 | Stainless Espresso
The market is currently in turmoil again. The Chinese government has announced new measures to curb rising commodity prices. Base metals have fallen. And the U.S. Federal Reserve is thinking out loud about monetary policy measures. That triggers reflexes. But do these...
May 20, 2021 | Stainless Espresso
China: Big tasks sometimes require big efforts and also tough and uncomfortable cuts. While Europe only wants to talk about reducing excess capacities with the United States, other regions and countries are already actively getting serious. The Chinese government has...
May 19, 2021 | Stainless Espresso
The United States is thinking out loud about a possible carbon border tax. At the same time, however, they are making it clear that they do not want to harm the domestic economy. In addition, the Vietnamese government has called on domestic steel producers to reduce...
May 18, 2021 | Stainless Espresso
After weeks of negotiations, the United States and the European Union have agreed that the EU will not impose further tariff increases on US products. In exchange, the EU gets talks on excess capacities in steel and aluminum. EU and US: Let’s talk about excess...
May 17, 2021 | Stainless Espresso
Let’s take a look at the development of metal inventories in China today. Especially for aluminum billets it has gone down there by 24% in the past week. And the nickel outlook is still robust and expandable with demand and price development according to analyst...
May 15, 2021 | Stainless Espresso
In recent days there have been increasing suspicions and rumors that, at least temporarily, steel tariffs (and other metal products such as aluminum) could fall between the European Union and the United States. Are EU and U.S. putting mutual steel tariffs on hold for...
May 14, 2021 | Stainless Espresso
Is the European Commission distancing itself from the EU steel lobby? The EC seems to have a new focus when deciding on a possible extension of EU Safeguard measures. Which a recent video with Executive Vice President Vladis Dombrovskis suggests (video in article)....
May 13, 2021 | Stainless Espresso
After inflation concerns in the U.S., non-ferrous metals have weakened on the LME and SHFE. On the other hand, iron ores continue their upward trend and have risen above $235 per ton. In addition, steel and scrap prices are unimpressed and continue to rise. A ton of...
