Apr 22, 2021 | Stainless Espresso
Today’s Stainless Espresso is about the battle between the new green superpowers, China and Europe. Both of which are currently trying to take the lead on the world stage on this hot topic. In addition, analysts and ore producers have very different ideas about...
Apr 21, 2021 | Stainless Espresso
We asked Thorsten Gerber, CEO of the Gerber Group, three questions about stainless steel purchasing, logistics and imports in 2021. SNB: Stainless steel is in short supply and delivery times are long. What should I do? Thorsten Gerber: SNB has already reported on this...
Apr 20, 2021 | Stainless Espresso
Industries around the world have managed to maintain production amid the Corona pandemic. In the USA, Deutsche Bank predicts an investments boom. The economic engine in China is humming, which could lead to a shortage of iron ore as raw material suppliers can no...
Apr 19, 2021 | Stainless Espresso
Today in Stainless Espresso: China announces further steel capacity cuts. More than 20 million tons of steel less in Shandong. Demand for steel in India exceeds production capacity according to Jindal managing director. And iron ore prices continue to rise in Asia due...
Apr 18, 2021 | Stainless Espresso
Stainless Espresso on Sunday with a look at the European Union’s desire for unfair competitive advantages with a 6-month halt to all tariffs with the United States. And the Chinese government’s opposition to the European Union’s Carbon Border...
Apr 16, 2021 | Stainless Espresso
Today’s Stainless Espresso takes a quick look at the new Dow Jones record and the impact on Base Metals’ performance in Shanghai this morning. We also have an opinion on the EU trade agreements and that the EU Green Deal is becoming a serious problem for...
Apr 15, 2021 | Stainless Espresso
Today in Stainless Espresso: Domestically Chinese stainless steel prices rise. China and Latin America drive up Black Sea billet prices. And Varoufakis accuses von der Leyen of “outrageous greenwashing” in the EU. China’s Domestic Stainless Steel Prices...
Apr 14, 2021 | Stainless Espresso
Base metals fell in Shanghai towards morning on Tuesday, April 13, 2021. There were also broad losses on the London Metal Exchange. Cause here probably the expected Chinese trade data. Chinese trade surplus declines significantly in March As expected, the trade data...
Apr 13, 2021 | Stainless Espresso
According to a survey by S&P Global Platts, US finished steel prices are expected to remain high until at least September 2021. Also in today’s Stainless Espresso: Why Tsingshan’s nickel supply story is full of holes. High US finished steel prices...
Apr 12, 2021 | Stainless Espresso
Today’s Stainless Espresso looks at the current outlook for the Chinese steel market and the possibility that China could stop exporting steel in 2021. What is the situation in Tangshan? And what is happening in Hebei now? Also, iron ores in China could be...
