Dec 16, 2021 | Stainless Espresso
December 16, 2021 – Export taxes on Chinese aluminum products could fall in 2022. This is according to Chinese government documents we have been able to view. The US Federal Reserve’s announcement to accelerate tapering is positively received by the...
Dec 15, 2021 | Stainless Espresso
December 15, 2021 – Eurozone industry gets off to a strong start in Q4 2021. The production of industrial goods in particular picked up. EU aluminum premiums increased further. Explosion at US stainless steel facility leads to production stoppage. Eurozone...
Dec 14, 2021 | Stainless Espresso
December 14, 2021 – Economy stabilization in 2022: The Chinese government has made stabilizing the domestic economy a priority in 2022. Coal, steel and stainless steel futures up. Chinese aluminum inventories continue to empty, prices up as much as 1.7%....
Dec 13, 2021 | Stainless Espresso
December 13, 2021 – The International Monetary Fund (IMF) currently reports that global metal demand for renewable energies could increase by 3 billion tonnes by 2050. Relevant raw materials for steel production, such as silicon metal, molybdenum, nickel and...
Dec 11, 2021 | Stainless Espresso
December 11, 2021 – An interesting week with some back and forth on the commodity markets and falling nickel inventories. Good news for steel demand in China through new financial instruments for the real estate sector. Good news from the US manufacturing sector...
Dec 10, 2021 | Stainless Espresso
December 10, 2021 – Record investment in the automotive chips sector. LME and SHFE are moving sideways today. Nickel is expected to rise to $ 21,000 to $ 21,500 per tonne in 2022. China increasingly dependent on bauxite imports. And price increases for raw...
Dec 9, 2021 | Stainless Espresso
December 9, 2021 – Manufacturing in the US continued to grow for the 18th consecutive month. This is shown by data from the Manufacturing ISM Report for November 2021. Scrap prices for stainless steel are keeping strong. Aluminium production in China holding...
Dec 8, 2021 | Stainless Espresso
December 8, 2021 – The Chinese government has issued new fiscal and monetary guidelines to strengthen domestic demand, especially in the real estate sector. This should fuel steel and stainless steel demand in 2022. Is the next steel boom coming now? EU Carbon...
Dec 7, 2021 | Stainless Espresso
December 7, 2021 – Nickel inventories on the LME have already fallen by more than 59% in 2021. And about 50% of the remaining inventories are already reserved. Indian aluminium is expected to become scarce and expensive. While European CO2 emissions have risen...
Dec 6, 2021 | Stainless Espresso
December 6, 2021 – Commodity markets started the week with movement. The news tennis is exciting, as it tries to influence market sentiment – sometimes in the negative, sometimes in the positive direction. Overall, however, the figures look positive. And...
