Oct 26, 2022 | Stainless Espresso
26 October 2022 – The prices for stainless steel scrap, stainless steel products and other raw materials have not only influenced Europe. In Asia too, after China had already led the way, manufacturers now want to raise the prices for stainless steel even...
Oct 25, 2022 | Stainless Espresso
25 October 2022 – Does the Chinese nickel and stainless steel giant Tsingshan want to return to the LME and become more active in nickel trading? Russian raw materials alliance faces a test of strength. And the European Union is upset about new US subsidies. New...
Oct 24, 2022 | Stainless Espresso
24 October 2022 – Alloy surcharges for European stainless steel point to another increase, according to the first publications. Is German Chancellor Scholz selling critical infrastructure to China? Asian market reaction to Chinese re-election really surprising?...
Oct 20, 2022 | Stainless Espresso
20 October 2022 – The International Nickel Study Group has pointed to increased demand for nickel in 2023. Surplus only in battery nickel? And is the aluminium market prepared for supply disruptions? Source
Oct 19, 2022 | Stainless Espresso
19 October 2022 – What are the stainless steel and aluminium markets doing at the moment? Where is the journey going? Rising prices, raw material costs, sanctions, increasing demand. And is Russian aluminium, like copper, becoming a slow seller? In addition,...
Oct 18, 2022 | Stainless Espresso
18 October 2022 – Another South Korean steel producer has to temporarily shut down a mill. This further fuels concerns there about the current availability of steel and stainless steel. Demand for stainless steel is picking up significantly not only in Europe...
Oct 17, 2022 | Stainless Espresso
17 October 2022 – Asian stainless steel spot and futures prices rise at the beginning of the week. And China wants to focus its economy even more on the shift towards CO2 neutrality. Source
Oct 14, 2022 | Stainless Espresso
14 October 2022 – The availability of stainless steel in the European Union is showing the first gaps for 304 and 316. Overland shipments remain a challenge. Mexico introduces export ban on certain scrap types. Asian nickel futures end the week up. Stainless...
Oct 13, 2022 | Stainless Espresso
13 October 2022 – The US government is currently considering a ban on Russian aluminium and is already looking at several options. LME is coming under increasing political pressure. Customers are already looking for alternatives for Russian raw materials, even...
Oct 12, 2022 | Stainless Espresso
12 October 2022 – In August and September 2022 there was a significant shortage of Chinese stainless steel. This trend could now continue for October. And a British court approves lawsuits over cancelled nickel deals against the London Metal Exchange....