Jan 12, 2023 | Stainless Espresso
12 January 2023 – Many bonded warehouses, especially those for steel and stainless steel, are currently empty, according to sources. A good sign? The LME has to make improvements in many places after an independent report on the chaos from March 2022, while at...
Jan 11, 2023 | Stainless Espresso
11 January 2023 – As the Covid peak in China is passed, the markets are also picking up. This can be seen, among other things, in the demand for iron ore and the scarce availability. At the same time, several countries are reporting emptying stocks at...
Jan 10, 2023 | Stainless Espresso
10 January 2023 – The next manipulation bang on the nickel market? How Big Short suddenly wants to convert copper plants to nickel production – in the end just hot air? Or is there a double winner here? Stainless steel prices stable and on the rise. And...
Jan 9, 2023 | Stainless Espresso
9 January 2023 – Tough contract negotiations between EU steel producers and end consumers already at the beginning of the year. A game of press releases, questionable empirical findings, and toxic and dangerous advice with only one goal in mind. Nickel remains...
Dec 23, 2022 | Stainless Espresso
23 December 2022 – Asian stainless steel exports have recently increased by up to 25%. The ghosts they called: European steelmakers’ lobby shows dissatisfaction with CBAM and ETS results. And a not so quiet message before the holidays. Source
Dec 22, 2022 | Stainless Espresso
22 December 2022 – Prices for stainless steel scrap from Italy continue to rise significantly. Nickel has been turbulent these days and now rumours point to further production cuts in nickel. But are there possibly other reasons behind it than are being spread?...
Dec 21, 2022 | Stainless Espresso
21 December 2022 – Indonesia likes to be pilloried by Europe and other nations for dumping and export bans. But the country has clear goals for its industry. The new export ban on bauxite clearly shows this. But despite the Chinese stainless steel giant in its...
Dec 20, 2022 | Stainless Espresso
20 December 2022 – High absenteeism rates of up to 40% among Chinese steel workers, are likely to soon have an impact on the availability of steel and stainless steel. New threat to Indian steel industry on European horizon? Nickel starts new rally. And the...
Dec 19, 2022 | Stainless Espresso
19 December 2022 – EU member states and the European Parliament seem to have reached an agreement on ETS allowances and CBAM. Import industry achieves minimum level playing field vis-à-vis European steel producers? New EU sanctions hit Russian mining sector. And...
Dec 16, 2022 | Stainless Espresso
16 December 2022 – Analysts at Goldman Sachs believe 2023 will be one of the best years ever for commodities. Especially because rising demand will meet falling supply. And the EU member states decide on new sanctions against Russia. Will this package further...
