Stainless Espresso: HRC price in Europe up to 133% higher
With HRC prices in Europe up to 133%, Stainless Espresso is particularly strong today. We take a look at what happened. In addition, Europe is not getting out of the steel shortage. Overall, though, things should get even more exciting globally now that the United...
Stainless Espresso: New Battle? China and Europe competing for…
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...
Stainless Espresso: The three really important questions in stainless steel purchasing
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...
Stainless Espresso: Booming US Investments, Iron Ore Shortages, and Logistic Challenges
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...
Stainless Espresso: Further Chinese province cuts steel capacity in 2021
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...
Stainless Espresso: EU calls for unfair competitive advantage
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...
Stainless Espresso: Base metals in Shanghai rise and a controversial opinion
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...
Stainless Espresso: China’s Domestic Stainless Steel Prices Rise on Pick-up in Demand
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...