Feb 21, 2022 | Stainless Espresso
21 February 2022 – Raw material prices continue to rise, at the same time steel prices are trending upward. Nickel close to $25,000 per tonne. US federal court upholds anti-subsidy measure against Chinese aluminium imports. And Indian steel prices hit record...
Feb 18, 2022 | Stainless Espresso
18 February 2022 – Steel prices in Asia continue to rise sharply for March. Many steel traders and consumers urgently need to restock empty warehouses. Base metal futures continue to rise on the SHFE and LME. Nickel in particular continues to be in strong...
Feb 17, 2022 | Stainless Espresso
17 February 2022 – Plate prices in the EU are rising strongly due to strong demand, especially from the infrastructure and wind power sectors. Logistics real estate in Europe hotly sought after. And for commodity price movements continue to go up. EU re-rollers...
Feb 16, 2022 | Stainless Espresso
16 February 2022 – The demand for stainless steel remains high. The continuing bullish mood on the stock markets in Asia and North America, but also in Europe, is contributing to this. Stainless steel futures on the SHFE have risen by 12% since the beginning of...
Feb 15, 2022 | Stainless Espresso
15 February 2022 – Although there have been attempts to artificially depress the nickel price in recent weeks with nickel matte reports, they have failed. The market is currently very tight and nickel prices are above $ 23,000. The question is whether someone...
Feb 14, 2022 | Stainless Espresso
14 February 2022 – Nickel with strong gain on Monday morning. After inflation worries had slightly weighed on the commodity exchanges on last Friday, important metal values are rocketing away today. Chinese spot prices for stainless steel increase strongly. US...
Feb 11, 2022 | Stainless Espresso
11 February 2022 – According to data from the Chinese central bank, demand for credit has risen significantly. This is an important leading indicator of economic growth and rising demand among companies and consumers. Steel prices are currently rising worldwide,...
Feb 10, 2022 | Stainless Espresso
10 February 2022 – Aluminium prices are currently in a perfect storm. Analysts even see prices of $4,000 per tonne as possible for 2022. What is behind this? And the base metals on the LME and SHFE are rising, in some cases significantly. Stainless steel spot...
Feb 9, 2022 | Stainless Espresso
9 February 2022 – Spot prices for steel and stainless steel have risen further in Europe, China and Russia. Trend continues to be driven by high demand and tight availability. Goldman Sachs on Commodities: “You Name It, We’re Out Of It”....
Feb 8, 2022 | Stainless Espresso
February 8, 2022 – Chinese magnesium prices have rebounded sharply from their November 2021 low. LME aluminum prices at historic high. Alumina production in China cut by 15 million tons. Nickel, NPI and stainless steel prices continue to pick up. And the steel...