Dec 10, 2021 | Stainless Espresso
December 10, 2021 – Record investment in the automotive chips sector. LME and SHFE are moving sideways today. Nickel is expected to rise to $ 21,000 to $ 21,500 per tonne in 2022. China increasingly dependent on bauxite imports. And price increases for raw...
Dec 9, 2021 | Stainless Espresso
December 9, 2021 – Manufacturing in the US continued to grow for the 18th consecutive month. This is shown by data from the Manufacturing ISM Report for November 2021. Scrap prices for stainless steel are keeping strong. Aluminium production in China holding...
Dec 8, 2021 | Stainless Espresso
December 8, 2021 – The Chinese government has issued new fiscal and monetary guidelines to strengthen domestic demand, especially in the real estate sector. This should fuel steel and stainless steel demand in 2022. Is the next steel boom coming now? EU Carbon...
Dec 7, 2021 | Stainless Espresso
December 7, 2021 – Nickel inventories on the LME have already fallen by more than 59% in 2021. And about 50% of the remaining inventories are already reserved. Indian aluminium is expected to become scarce and expensive. While European CO2 emissions have risen...
Dec 6, 2021 | Stainless Espresso
December 6, 2021 – Commodity markets started the week with movement. The news tennis is exciting, as it tries to influence market sentiment – sometimes in the negative, sometimes in the positive direction. Overall, however, the figures look positive. And...
Dec 4, 2021 | Stainless Espresso
December 4, 2021 – A thoroughly eventful week lies behind us. With an outlook on stainless steel availability and delivery times in Europe and the world. New cuts in Chinese crude steel production in the run-up to the 2022 Winter Olympics. Nickel holds above...
Dec 3, 2021 | Stainless Espresso
December 3, 2021 – Chinese molybdenum prices have risen by more than 10% since mid-November 2021. What is behind this? On the SHFE and LME, the majority of base metals are up today. And why entrepreneurial strength can’t be achieved with bans and laws....
Dec 2, 2021 | Stainless Espresso
December 2, 2021 – In talks with Thorsten Gerber, CEO Gerber Group, on current challenges in stainless steel availability and delivery times. There are also increasing reports from China that many steel producers will have to comply with strict production...
Dec 1, 2021 | Stainless Espresso
December 1, 2021 – Commodities on the LME started positively today, Wednesday. Aluminum, nickel and copper rise. Stock exchanges currently show friendlier and volatility calms down a bit. Philippine Berong nickel mine is exhausted will be shut down by the end of...
Nov 30, 2021 | Stainless Espresso
November 30, 2021 – While the Western press continues to try to stir up fear with the Omicron variant, China is proving that you can maneuver well through crises with consistent measures and deliberate actions. This is shown not only by the Chinese Manufacturing...