Jul 24, 2023 | Stainless Espresso
24 July 2023 – The outlook for semiconductors in cars looks bright. Forecast for global car production in 2023, 2024 and 2025 significantly, to 86.7, 87.9 and 90.5 million cars. EU approves billions in subsidies for steel that may never turn green. Source
Jul 21, 2023 | Stainless Espresso
21 July 2023 – The United States has imposed sanctions on one of Russia’s main copper and nickel producers. A possible exemption for India from the EU Carbon Border Tax CBAM is likely to be off the table with the announcement of a massive capacity...
Jul 20, 2023 | Stainless Espresso
20 July 2023 – After SHFE adjusted margin ratios and stop limits for rebar, wire rod, hot rolled coil and stainless steel, among others, last week, Asian commodity prices continue to rise today. HRC prices increased, demand continues to rise? Source
Jul 19, 2023 | Stainless Espresso
July 19, 2023 – The U.S. Department of Commerce (DOC) has launched a circumvention investigation into Common Alloy Aluminum Sheets from South Korea via China. Asian commodity prices continue to rise on Wednesday. And Stainless Espresso: Strong, hot and compact!...
Jul 18, 2023 | Stainless Espresso
18 July 2023 – The Chinese Politburo’s decisions for the second half of 2023 are eagerly awaited, especially about interest rate developments. Commodity prices in Asia continue to be friendly. And scrap in parts of Asia scarce, pig iron demand therefore...
Jul 17, 2023 | Stainless Espresso
17 July – Stainless steel prices have stabilised further and Taiwanese market participants expect price increases for August, which are positively supported by a decline in production and the rebound in nickel, among other factors. From China, there are first...
Jul 14, 2023 | Stainless Espresso
14 July 2023 – The European Commission has launched public consultations on the Indonesian nickel export ban with a view to deciding on possible new punitive measures against Indonesia from autumn 2023. Next stage of escalation in the conflict with Indonesia?...
Jul 13, 2023 | Stainless Espresso
13 July 2023 – The prices for base metals, such as nickel, aluminum or zinc, have increased today on the SHFE by up to 2.7%. Other major commodity futures are also moving up again. SHFE plans warehouses outside China? G10 countries with unemployment rates down...
Jul 12, 2023 | Stainless Espresso
12 July 2023 – Global scrap availability is expected to deteriorate significantly in the near term after more and more Asian steelmakers announced plans to increase scrap quotas. And in the United States, prices are rising for HRC, CRC and HDG. Source
Jul 10, 2023 | Stainless Espresso
10 July 2023 – After a strong increase in steel and aluminium imports, the US government has voiced criticism towards Mexico and also brought up the possibility of reintroducing punitive tariffs. The US unemployment figures have fallen again. And the Chinese...
