Jun 30, 2022 | Stainless Espresso
June 30, 2022 – The UK has imposed sanctions on Russia’s “Nickel King.” Norilsk Nickel also soon on sanctions list? EU and UK extend Safeguard measures to certain steel products. And aluminum producers until 2023 already booked out....
Jun 29, 2022 | Stainless Espresso
June 29, 2022 – The US government has announced it will impose tariffs of up to 35% on Russian imports, including steel and aluminum. Is the nickel bet over or did the bank just back down? And Iranian steel industry crippled by hacking. Source
Jun 27, 2022 | Stainless Espresso
27 June 2022 – The first analysts are speaking out and see a recapitulation phase for nickel, copper and gold in particular and are cited as the best investments.. Rising nickel demand expected in the coming months. Positive signals also in iron ores, coke and...
Jun 24, 2022 | Stainless Espresso
24 June 2022 – The EU alloy surcharges have just been made absurd with a small paragraph in a recent press release. What does a possible new food scandal about MSM in German sausages have to do with this? We asked ourselves the same question. And largest US...
Jun 23, 2022 | Stainless Espresso
23 June 2022 – Yesterday, the EU Parliament passed the new regulations for European emissions trading and the introduction of the Carbon Border Tax CBAM. Spoiler alert: To the great dissatisfaction of EU steel producers. Burst Nickel Deal: Approx. 40,000 tonnes...
Jun 22, 2022 | Stainless Espresso
22 June 2022 – The first published alloy surcharges for July 2022 suggest another round in the adjustment of the scrap quota. But has the justifiable maximum been reached in the meantime? Is CO2 reduced steel really CO2 reduced or is this just green washing? New...
Jun 21, 2022 | Stainless Espresso
21 June 2022 – Chinese stainless steel prices rose Monday and Tuesday and futures on the SHFE are also heading higher. Indian steel exports are expected to slump 40% in the current fiscal year. And Ukraine is putting itself on the map as a producer and supplier...
Jun 20, 2022 | Stainless Espresso
20 June 2022 – It’s a horror scenario for buyers of Chinese aluminium when it suddenly turns out that the aluminium doesn’t even exist. Are new energy restrictions coming? Chinese National Development and Reform Commission (NDRC) calls for new...
Jun 17, 2022 | Stainless Espresso
17 June 2022 – According to current calculations, the European stainless steel alloy surcharges for July 2022 should actually increase significantly. We put forward a bold thesis on alloy surcharges and have rolled the dice a little for you. Fitch Ratings raises...
Jun 16, 2022 | Stainless Espresso
16 June 2022 – A further increase in demand for stainless steel in Europe could quickly empty current stocks. The first vehicle manufacturers are already calling for larger quantities. China restricts crude steel production in Jiangsu by another 6 million tonnes...
