May 11, 2022 | Stainless Espresso
11 May 2022 – After the corrections on the commodity markets in the last few days, prices in Asia have in some cases risen significantly again today. Nickel, aluminium, iron ore, hot-rolled coil and coke prices up. Unimpressed by the market: Asian stainless...
May 10, 2022 | Stainless Espresso
10 May 2022 – The EU Carbon Border Tax CBAM is increasingly turning into a pipe-cracker for EU steelmakers as the European Commission wants to abolish ETS allowances and rejects export rebates as a double subsidy. US consumption is robust. Indian energy crisis...
May 9, 2022 | Stainless Espresso
9 May 2022 – Despite an expected drop in demand in Russia and Ukraine, the outlook for steel and stainless steel in 2022 remains positive and overall demand is expected to remain at last year’s level. Is the commodity market getting an alternative to...
May 6, 2022 | Stainless Espresso
6 Mai 2022 – Despite the fact that some publishers of market data had displayed incorrect LME closing prices and thus caused some unrest, nickel prices on the LME started the trading day stable. EC submits final proposal for autonomous tariff rate quotas....
May 5, 2022 | Stainless Espresso
5 May 2022 – As expected, the US Federal Reserve (Fed) announced a rate hike of 50 basis points to 1%. Markets and base metals react positively to the decision. HRC and stainless steel prices rise. And he who buys cheap buys twice – Beware of fraud in...
May 4, 2022 | Stainless Espresso
4 May 2022 – Hedge funds and investment firms like to bet on falling prices on the commodity exchanges and at the same time invest in large media companies. With the right news, they can quickly reap rich profits for their investors. Positive market data despite...
May 3, 2022 | Stainless Espresso
3 May 2022 – The International Nickel Study Group (INSG), which consists mainly of consumer countries, announced in April 2022 that it assumed a nickel production surplus for 2022. The INSG had already significantly overestimated the situation in 2021. This...
May 2, 2022 | Stainless Espresso
2 May 2022 – After the EU stainless steel producers had already increased the alloy surcharges for May, a large Italian stainless steel producer is now following suit and increasing prices by more than 43% in some cases. Nickel production remains under pressure...
Apr 29, 2022 | Stainless Espresso
29 April 2022 – In the seven-year old case before the EU Court of Justice against the EU anti-dumping measure on flat-rolled stainless steel imports from Taiwan and China, the plaintiff has suffered a final defeat in the second instance. Temperatures of more...
Apr 28, 2022 | Stainless Espresso
28 April 2022 – The World Bank has predicted metal prices at historically high levels in 2022 and also in 2023. Ferrochrome prices rise significantly in Europe and Asia. No correction in steel prices expected. And global nickel consumption continues to increase....
