Feb 25, 2022 | Stainless Espresso
25 February 2022 – Russia and the United States produce almost the same amount of crude steel per year. However, there are significant differences in exports. Stock indices have recovered and are trending upwards. Future market still firm. What about China? A...
Feb 24, 2022 | Stainless Espresso
24 February 2022 – Especially nickel and aluminium values on the LME started trading with significant upward movements due to the fighting between Russia and Ukraine that broke out in the early morning hours. Longer-term contracts in particular are in demand....
Feb 23, 2022 | Stainless Espresso
23 February 2022 – Chinese crude steel production strictly limited also in 2022, according to latest reports. Taiwanese stainless steel producers raise prices for March. And EUROFER has serious concerns about CBAM. China limits crude steel production also in...
Feb 22, 2022 | Stainless Espresso
22 February 2022 – Aluminium prices rose today to their highest level in more than 25 years due to political tensions, high demand, low inventories and production problems. In China, mortgage rates are falling, which is expected to fuel the construction boom. In...
Feb 21, 2022 | Stainless Espresso
21 February 2022 – Raw material prices continue to rise, at the same time steel prices are trending upward. Nickel close to $25,000 per tonne. US federal court upholds anti-subsidy measure against Chinese aluminium imports. And Indian steel prices hit record...
Feb 18, 2022 | Stainless Espresso
18 February 2022 – Steel prices in Asia continue to rise sharply for March. Many steel traders and consumers urgently need to restock empty warehouses. Base metal futures continue to rise on the SHFE and LME. Nickel in particular continues to be in strong...
Feb 17, 2022 | Stainless Espresso
17 February 2022 – Plate prices in the EU are rising strongly due to strong demand, especially from the infrastructure and wind power sectors. Logistics real estate in Europe hotly sought after. And for commodity price movements continue to go up. EU re-rollers...
Feb 16, 2022 | Stainless Espresso
16 February 2022 – The demand for stainless steel remains high. The continuing bullish mood on the stock markets in Asia and North America, but also in Europe, is contributing to this. Stainless steel futures on the SHFE have risen by 12% since the beginning of...
Feb 15, 2022 | Stainless Espresso
15 February 2022 – Although there have been attempts to artificially depress the nickel price in recent weeks with nickel matte reports, they have failed. The market is currently very tight and nickel prices are above $ 23,000. The question is whether someone...
Feb 14, 2022 | Stainless Espresso
14 February 2022 – Nickel with strong gain on Monday morning. After inflation worries had slightly weighed on the commodity exchanges on last Friday, important metal values are rocketing away today. Chinese spot prices for stainless steel increase strongly. US...
