Oct 17, 2022 | Stainless Espresso
17 October 2022 – Asian stainless steel spot and futures prices rise at the beginning of the week. And China wants to focus its economy even more on the shift towards CO2 neutrality. Source
Oct 14, 2022 | Stainless Espresso
14 October 2022 – The availability of stainless steel in the European Union is showing the first gaps for 304 and 316. Overland shipments remain a challenge. Mexico introduces export ban on certain scrap types. Asian nickel futures end the week up. Stainless...
Oct 13, 2022 | Stainless Espresso
13 October 2022 – The US government is currently considering a ban on Russian aluminium and is already looking at several options. LME is coming under increasing political pressure. Customers are already looking for alternatives for Russian raw materials, even...
Oct 12, 2022 | Stainless Espresso
12 October 2022 – In August and September 2022 there was a significant shortage of Chinese stainless steel. This trend could now continue for October. And a British court approves lawsuits over cancelled nickel deals against the London Metal Exchange....
Oct 11, 2022 | Stainless Espresso
11 October 2022 – Asian spot and futures prices for nickel rose today, in some cases significantly. LME inventories continue to fall. And in China, steel and stainless steel production will be cut by up to 50% due to the upcoming 20th National Congress in...
Oct 10, 2022 | Stainless Espresso
10 October 2022 – The Indian government’s steel export tax is set to remain in place until 2023 and will only be reassessed in the upcoming budget. Asian nickel premiums rose sharply on Monday. And Germany is waiting for the gas price cap. Significant...
Oct 7, 2022 | Stainless Espresso
7 October 2022 – The United Arab Emirates has imposed an export ban on ferrous scrap. In South Korea, storm damage at one of the largest stainless steel producers is causing prices to rise dramatically, and availability is already limited. And EU imposes new...
Oct 6, 2022 | Stainless Espresso
6 October 2022 – Positive data from China, which can also be derived from the freight volumes heading towards Asia, point to a significant revival and positive sentiment in the world’s second largest economy. Which at the same time also has an impact on...
Oct 5, 2022 | Stainless Espresso
5 Oktober 2022 – Green hydrogen is set to become the most important energy carrier for the European Union and EU steel producers in the future. But is hydrogen without green water green at all? Raw materials in stronger demand again at the start of the 4th...
Oct 4, 2022 | Stainless Espresso
4 Oktober 2022 – Prices for stainless steel are rising worldwide at the beginning of October. Taiwan reports price increases of more than 10% in some cases. European energy surcharges for jump by more than 33%. Availability of nickel ore likely to decline due to...
