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Stainless Espresso: No more Chinese steel for Lithuania?

Jan 18, 2022 | Stainless Espresso

January 18, 2022 – Cut off from steel, aluminum and stainless steel imports – EU state Lithuania feels the Chinese hard hand in the dispute over Taiwan. Imports to Lithuania already acutely affected. France pushes countermeasures. The European Commission...

Stainless Espresso: Energy, commodities and robust profits

Jan 17, 2022 | Stainless Espresso

17 January 2022 – Energy prices continue to have a significant impact on commodity market performance as the week begins. Emerging market companies are expected to see revenue and earnings growth of at least 20% in Q4 2021. And is the European Union only...

Stainless Espresso: EU coil prices stable, price rises expected

Jan 14, 2022 | Stainless Espresso

14 January 2022 – EU coil prices are stable and market participants expect further price increases. Steel sections are also continuing to rise due to increased energy prices. And Deutsche Bank also reports rising industrial metals. EU coil prices stable, rising...

Stainless Espresso: Chinese stainless steel supply chains affected by Corona measures

Jan 13, 2022 | Stainless Espresso

13 January 2022 – New Covid 19 outbreaks in China have led to stainless steel supply chains there being hit by quarantine measures again. LME inventories are at historic lows and there is no end in sight to the demand boom. And the EU needs nearly $600 billion...

Stainless Espresso: Base Metals in the wake of rising energy prices

Jan 12, 2022 | Stainless Espresso

12 January 2022 – Base metals have already shown some upward momentum again on Tuesday and also today, Wednesday. Nickel and tin in particular have shown more than significant gains on SHFE and LME. In Brazil, severe storms led to flooded iron ore mines and...

Stainless Espresso: Nickel and stainless steel prices rise significantly

Jan 11, 2022 | Stainless Espresso

January 11, 2022 – Nickel prices have risen significantly again on the SHFE today. Nickel on the LME is also up, jumping above $21,000 per tonne. Stainless steel futures jump due to production cuts and maintenance work in China. Aluminium on the rise due to...

Stainless Espresso: Base Metals on the Rise, Energy Top Topic in 2022

Jan 10, 2022 | Stainless Espresso

January 10, 2022 – Welcome to the New Year dear readers. We are back full of energy and look forward to an exciting and successful 2022 with you. The year also got off to an interesting start for base metals. As already indicated in the middle of 2021, the topic...

Stainless Espresso: Merry Christmas and a Happy New Year 2022!

Dec 23, 2021 | Stainless Espresso, Uncategorized

We say goodbye to you until the beginning of January 2022 and enjoy the holidays. We also wish you a few quiet and relaxing days before the year 2022 starts. Thank you for an exciting and thrilling 2021 to all our readers from trade, industry, business, politics,...

Stainless Espresso: EC imposes anti-dumping duties on Chinese aluminium foil

Dec 23, 2021 | Stainless Espresso

December 23, 2021 – The European Commission yesterday, Wednesday 22 December 2021, published new market protection measures (AD/CVD) against imports of Chinese aluminium foil. Several European aluminium smelters are cutting production due to high energy costs....

Stainless Espresso: EUROFER complains about too few subsidies

Dec 22, 2021 | Stainless Espresso

December 22, 2021 – The European Steel Producers Association EUROFER and its spokesman Axel Eggert complain about too few subsidies due to increased ETS costs. Chinese aluminum imports are up 300% in 2021. And aluminum prices on SHFE and LME are rising again...
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