Nov 10, 2022 | Stainless Espresso
10 November 2022 – There are now indications that China is aiming for a relaxation of the Corona policy. This should lead to important impulses not only for the Chinese economy. Nickel prices in Asia jump by more than 4%. European nickel over $25,000 at start of...
Nov 9, 2022 | Stainless Espresso
9 November 2022 – Has the EU stainless steel alloy surcharge had its day and finally lost its legitimacy? A deeper look into the reports of the stainless steel producer Aperam raises justified doubts about the legitimacy of the alloy surcharge. Prices for...
Nov 8, 2022 | Stainless Espresso
8 November 2022 – Reading the press releases and new statistical forecasts of the European steel producer association EUROFER, it seems that the end of the world in the steel industry is once again just around the corner. One is reminded of the ancient fable of...
Nov 7, 2022 | Stainless Espresso
7 November 2022 – A general strike has been called for this week in Belgium. US market proves more than robust in terms of employment growth and logistics real estate. Where is the European hangover coming from? And European steelmakers are probably not-amused...
Nov 4, 2022 | Stainless Espresso
4 November 2022 – According to media reports, prices for stainless steel products originating in the EU have risen again. Rising prices are reported from Italy in particular, but also from France and Spain. Strong ferrochrome demand expected for November and...
Nov 3, 2022 | Stainless Espresso
3 November 2022 – Has the vote on the controversial EU Waste Shipment Regulation been postponed? Is this to give lobby groups more influence on the voting behaviour of the European parliamentarians? Green-washing strategy of EU steel producers in danger due to...
Nov 2, 2022 | Stainless Espresso
2 November 2022 – Ferrochrome prices have stabilised recently and have increased by more than 16.5% since mid-September. Among other things, this could be related to a supply problem with chrome ores. After nickel had already risen by more than 3% in October, it...
Nov 1, 2022 | Stainless Espresso
1 November 2022 – The government of Indonesia seems to be actively considering an OPEC-like cartel for EV battery metals. At the same time, the nickel export tax is being brought back into the race, while the Philippines is cracking down on illegal mining and...
Oct 28, 2022 | Stainless Espresso
28 October 2022 – The LME launches new ferrous futures to increase liquidity on the trading floor. Indian steel export tax so far with no sign of end. And is the European steel industry playing creatively with the green steel numbers again? Source
Oct 27, 2022 | Stainless Espresso
27 October 2022 – German companies are urgently looking for new suppliers of raw materials and intermediate products to reduce their dependence on China and Russia. China is importing more stainless steel again. And good economic data from Japan and Mexico....
