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...
Nov 29, 2021 | Stainless Espresso
November 29, 2021 – After last Friday had not ended so positively for the stock markets overall, the markets regained their footing on Monday and got off to a friendly and positive start. Oil contracts had already risen by over 4% on Sunday. Aluminium is...
Nov 27, 2021 | Stainless Espresso
November 27, 2021 – As the week drew to a close, it once again caused a little unrest on the markets. Fundamentally, nothing has changed for the time being – only the fear of a new Corona variant is being whipped through the media. As in the past, this has...
Nov 26, 2021 | Stainless Espresso
November 26, 2021 – This morning the markets reacted as expected to the news of a new Corona variant in South Africa. Even though nothing has changed on the market and yesterday’s figures were still very positive, today the markets are cashing in on...
Nov 25, 2021 | Stainless Espresso
November 25, 2021 – Indonesia wants to ban raw material exports of bauxite, copper and tin. This was announced by Indonesian President Joko Widodo on November 24, 2021. An export ban on bauxite is to begin in 2022. Energy consumption by German steel...
Nov 24, 2021 | Stainless Espresso
November 24, 2021 – The global shortage of raw materials and semi-finished stainless steel and aluminium products continues. This is also reflected in the decline in global crude steel production in October 2021. The current situation is no better for aluminium...
Nov 23, 2021 | Stainless Espresso
November 23, 2021 – European spot market for plates is getting bullish. Plate producers focusing on project markets. Plates spot market with low availability and rising prices. Steel producers in China’s Hebei province have to reduce crude steel production...
Nov 22, 2021 | Stainless Espresso
November 22, 2021 – Use the off-season now for strategic stainless steel purchasing ahead of the Chinese Luna New Year 2022 (LNY 2022). Opportunities in the Asian market are great. Freight costs likely to rise again soon. Base metals started Monday on a positive...
Nov 20, 2021 | Stainless Espresso
November 20, 2021 – Shortly before the close of trading on Friday afternoon, nickel surpassed $20,000 per ton on the LME in London this week. The signs of a renewed nickel upward trend had already been noticeable during the week. So we are looking forward to the...
Nov 19, 2021 | Stainless Espresso
November 19, 2021 – After an accident at a large Chinese aluminium smelter in Yunnan province, aluminium prices jumped today by more than 3% in some cases. EU HRC prices are stable and are expected to rise further from January 2022. German group Thyssenkrupp is...
