Aug 3, 2022 | Stainless Espresso
3 August 2022 – The steel industry expects at least stable, probably even rising real demand in 2022 and is also optimistic about the automotive sector. Shares of international defence companies continue to rise. And Chinese spot import prices for iron ore have...
Aug 2, 2022 | Stainless Espresso
2 August 2022 – The emerging countries in particular have a growing demand for raw materials. India alone would need at least 16 million tonnes of aluminium per year to meet the growing demand. Especially in the defence, aerospace, transport and alternative...
Aug 1, 2022 | Stainless Espresso
1 August 2022 – Nickel prices have been rising again for a fortnight. On the LME already by about 30%. On the SHFE even more. The new state-owned commodity giant China Mineral Resources Group is to consolidate China’s purchasing power on the global...
Jul 29, 2022 | Stainless Espresso
29 July 2022 – The Asian SHFE continued its positive trend in base metals today. A positive signal at the turn of the month. European futures are also friendly. Source
Jul 28, 2022 | Stainless Espresso
28 July 2022 – Indian steelmakers are adding boron to their steel alloys to avoid export tax. This is what Indian media report. However, the addition of boron in even the smallest quantities significantly changes the composition of the steel. This poses great...
Jul 27, 2022 | Stainless Espresso
27 July 2022 – EC launches anti-circumvention investigation against stainless steel imports from Turkey. Suspicion: deliberate circumvention of anti-dumping measures against hot rolled stainless steel sheets and coils originating in Indonesia. Economic booster:...
Jul 26, 2022 | Stainless Espresso
July 26, 2022 – More and more nickel products end up on Western sanctions lists, such as nickel hydroxide. The jungle of import and export restrictions is almost impossible to navigate, making trade of related products a dangerous legal gamble. At the same time,...
Jul 25, 2022 | Stainless Espresso
25 July 2022 – Not only in Europe, but also internationally, steel producers are expecting rising demand and higher prices for Q3 2022. Good market sentiment and an increase in enquiries are reported. Nickel futures up in Asia. Commodity exchange does not want...
Jul 22, 2022 | Stainless Espresso
22 July 2022 – Automotive manufacturers in Europe and Asia are demanding significantly more steel products. For example, Japan is reporting increases in steel demand of more than 24% compared to the same period last year. ECB rate hike: A thought experiment....
Jul 21, 2022 | Stainless Espresso
21 July 2022 – The United States is imposing high tariffs on Russian products. Among the products affected are steel, aluminium, nickel, cement, wood, petroleum and many other raw materials. The list published by US Customs and Border Protection is long. Almost...
