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...
Feb 7, 2022 | Stainless Espresso
February 7, 2022 – After the Lunar New Year holidays, the Chinese stainless steel and aluminum market has started the new year on a bullish note. Very good demand, tight availability and an overall optimistic mood are fuelling prices on the Chinese SHFE and the...
Feb 4, 2022 | Stainless Espresso
4 February 2022 – The euro is still not history, even though many eulogies have already been made for it. The ECB’s decision to keep interest rates at current levels and to stop PEPP purchases comes as no surprise. And the Japanese want to increase...
Feb 3, 2022 | Stainless Espresso
3 February 2022 – China is adjusting tax rebates for battery scrap containing nickel, lithium, manganese or cobalt, among other materials, as of 1 March 2022. Prices for these raw materials have risen significantly in recent months. And the base metals are...
Feb 2, 2022 | Stainless Espresso
2 February 2022 – Commodity prices and base metals show once again that old models and analyses can no longer be relied upon. Steel prices in Germany pick up. Base Metals continue to rise. Commodity prices: When old models meet new realities Commodity prices,...
Feb 1, 2022 | Stainless Espresso
1 February 2022 – Steel prices are rising due to optimistic demand and already well-filled order books at manufacturers. After the Lunar New Year holidays, a significant increase in domestic demand is also expected from China. Prices for intermediate products,...
Jan 31, 2022 | Stainless Espresso
31 January 2022 – Nickel made a head start at the start of trading on the last Monday in January 2022, jumping by almost 2%. China continues to get serious about environmental protection and sentences steel managers to imprisonment and fines. And falling tech...
Jan 28, 2022 | Stainless Espresso
28 January 2022 – Overcapacity: While China produced significantly less in 2021, EU27 and India are fighting for the top position in crude steel production increase and overcapacity. Base metals defy the strong dollar and Italian pipe producers raise prices for...
Jan 27, 2022 | Stainless Espresso
27 January 2022 – The EU is moving to the next level of escalation in the trade dispute between Lithuania and China by taking the case to the WTO. Aluminium continues to maintain its upside momentum. Palladium prices rise due to tensions with Russia – what...
Jan 26, 2022 | Stainless Espresso
26 January 2022 – We are receiving reports from China that 85% of all truck drivers in the Ningbo area are stuck in Corona quarantine. In addition, stocks of Chinese steel are running low in Tangshan due to strong demand and cut production. In the EU, steel...
