Apr 7, 2022 | Stainless Espresso
7 April 2022 – German steel inventories are expected to continue to fall significantly in the coming months, according to market sources. High demand and low production are keeping intra-European steel supply tight. This could now be compounded by an import ban...
Apr 6, 2022 | Stainless Espresso
6 April 2022 – According to current forecasts, copper will remain in short supply in 2022. The deficit in copper supply could even increase dramatically by 2030. UK financial regulator scrutinises nickel incident at LME, at the same time JPMorgan announces it...
Apr 5, 2022 | Stainless Espresso
5 April 2022 – Is there a breather for nickel prices? Today’s start on the LME casts doubt on this. But also in other respects there is much to say against nickel prices falling in the foreseeable future. LME aluminum stocks at record low. And US...
Apr 4, 2022 | Stainless Espresso
4 April 2022 – Nickel (+3%) and aluminium (+1.5%) started strong in LME trading on Monday morning. Positive labour market data was reported from the United States and Germany. And what happens to dumped aluminium imports into Europe? Source
Apr 1, 2022 | Stainless Espresso
1 April 2022 – China is running out of HRC and steel slabs after Russia and Ukraine dropped out as important steel suppliers. Japan gets US tariff rate quota – but only for steel, not for aluminium. And beware of fortune seekers in the steel trade....
Mar 31, 2022 | Stainless Espresso
1 March 2022 – Have the consultants at Tsingshan taken over to clean up the self-inflicted nickel mess? Nickel pig iron (NPI) production in Liaoning and Inner Mongolia with severe problems. And base metals are moving sideways so far today. Source
Mar 30, 2022 | Stainless Espresso
30 March 2022 – Commodity markets like to be influenced with questionable news. Especially with quotes from politicians. Nickel price rises significantly. Aluminium, copper and zinc prices rise. Global demand for nickel to rise between 8 to 12% in 2022. HKEX...
Mar 29, 2022 | Stainless Espresso
29 March 2022 – EU alloy surcharges for stainless steel rise by more than $600 per tonne. EU files WTO complaint over UK green energy subsidies. And can there really be an independent “Green Steel” label? Source
Mar 28, 2022 | Stainless Espresso
28 March 2022 – Will the suspension of the EU aluminium anti-dumping measure AD668 against Chinese imports be extended? Or will the European Commission continue to crack down on imports from China? Shanghai, a Chinese metropolis with millions of inhabitants, is...
Mar 25, 2022 | Stainless Espresso
25 March 2022 – London Metal Exchange (LME) to ban orders outside daily price limits. The LME has again published new rules for trading in base metals, including nickel. Nickel prices on the SHFE continue to rise. LME nickel up 8.5% at start of trading. And...
