Jun 15, 2022 | Stainless Espresso
15 June 2022 – Is the next shock coming for buyers of Indian steel and stainless steel? After the introduction of the steel export tax, Indian mills are now threatening to halt production. Are steelmakers already running out of money? Customers already severely...
Jun 15, 2022 | Stainless Espresso
15 June 2022 – The UK steel safeguard measure must be extended or lifted by the end of June 2022. Therefore, the pressure of the British steel producers on the International Trade Ministry is currently growing. And logistics chains are strained until beyond...
Jun 14, 2022 | Stainless Espresso
14 June 2022 – Caution advised: Sanctioned Russian steel coming to Taiwan – via now also to Europe and the United States? German Ifo Business Climate Index up in May 2022. Actively counter supply bottlenecks. And Indian stainless steel producers no longer...
Jun 13, 2022 | Stainless Espresso
13 June 2022 – German car production jumped a whopping 25% in May 2022 compared to the same month last year. Good news for carmakers, who have recently been struggling with supply shortages. This significant increase in production could soon present many...
Jun 10, 2022 | Stainless Espresso
10 June 2022 – Steel scrap is increasingly becoming a strategic resource internationally, which countries and steel producers jealously defend. After the EU plans a defacto export ban on steel scrap, South Korea now also wants to keep steel scrap in the country...
Jun 9, 2022 | Stainless Espresso
9 June 2022 – The vote on the new regulation of ETS allowance trading in the European Union failed yesterday in the EU Parliament. As a result, votes on the Carbon Border Tax CBAM and the Social Climate Fund were postponed. And China is again massively limiting...
Jun 8, 2022 | Stainless Espresso
June 8, 2022 – Commodity prices are currently showing upward momentum. The background is Chinese economic programs starting up and the end of the lockdowns. Is nickel currently undervalued due to lack of liquidity? And Credit Suisse upgrades shares of a major EU...
Jun 6, 2022 | Stainless Espresso
6 June 2022 – The LME is facing a USD 456 million lawsuit after it briefly suspended trading in nickel in March 2022, to the displeasure of many traders. Asian base metals start the week on a positive note. And Acerinox and Aperam officially confirm talks on...
Jun 3, 2022 | Stainless Espresso
3 June 2022 – The changes in the EU alloy surcharges for stainless steel as of 1 June have caught most market participants and analysts cold and caused much wonder. What did the mills do? And are the two European stainless steel producers Aperam and Acerinox...
Jun 2, 2022 | Stainless Espresso
June 2, 2022 – The majority of Asian base metals were up today. SHFE Nickel and pure nickel spots are rising. Has LME nickel found its new support line? And the US Manufacturing PMI rises for the 24th month in a row. Source
