Jul 25, 2022 | Stainless Espresso
25 July 2022 – Not only in Europe, but also internationally, steel producers are expecting rising demand and higher prices for Q3 2022. Good market sentiment and an increase in enquiries are reported. Nickel futures up in Asia. Commodity exchange does not want...
Jul 22, 2022 | Stainless Espresso
22 July 2022 – Automotive manufacturers in Europe and Asia are demanding significantly more steel products. For example, Japan is reporting increases in steel demand of more than 24% compared to the same period last year. ECB rate hike: A thought experiment....
Jul 21, 2022 | Stainless Espresso
21 July 2022 – The United States is imposing high tariffs on Russian products. Among the products affected are steel, aluminium, nickel, cement, wood, petroleum and many other raw materials. The list published by US Customs and Border Protection is long. Almost...
Jul 20, 2022 | Stainless Espresso
20 July 2022 – The global battle for steel and stainless steel scrap is heating up. Now the Chinese stainless steel producers have also clearly stated the enormous advantage of scrap and declared the raw material to be the second most important nickel supplier....
Jul 19, 2022 | Stainless Espresso
July 19, 2022 – Nickel is currently continuing to rise neatly on SHFE and also on the LME. Already yesterday, nickel went up more than 6.5% on the LME. The US Aluminum Association has filed an anti-circumvention case against flat rolled aluminum originating in...
Jul 18, 2022 | Stainless Espresso
18 July 2022 – EU steel producers are reluctant to take entrepreneurial risks if the many regulations and obstacles to the expansion of renewable energies within the EU are not immediately removed. Have the biggest CO2 emitters suddenly gone green? Asian base...
Jul 15, 2022 | Stainless Espresso
15 July 2022 – Where is the nickel price heading? Another quick knock on the price after just avoiding bankruptcy? And HRC prices in Northern Europe and Turkey are currently rising again. Source
Jul 14, 2022 | Stainless Espresso
14 July 2022 – First US manufacturers of stainless steel bar products are passing on increased costs to buyers and have raised prices by 9% to 12%. Will other steel bar producers follow? EU demand surge could make empty warehouses even emptier. And US initiates...
Jul 13, 2022 | Stainless Espresso
July 13, 2022 – There is growing anger among Italian steel and stainless steel buyers toward Indian steel producers and the steel export tax. Increasingly, market sources are reporting that they are collecting the 15% steel export tax on certain steel and...
Jul 11, 2022 | Stainless Espresso
11 July 2022 – The scrap trade continues to run at full speed and is at its highest level in two years in terms of volume. This is also evidenced by rising steel and stainless steel scrap prices. USA urges trading partners to stop importing Chinese goods from...
