Oct 29, 2021 | Stainless Espresso
October 29, 2021 – The demand for critical minerals per year for the energy transformation towards the net zero goal is expected to increase more than sixfold by 2050, according to a report by the International Energy Agency. This begs the question, where will...
Oct 28, 2021 | Stainless Espresso
October 28, 2021 – Nickel and aluminium remain at high levels despite price consolidations on the commodity exchanges despite all the excitement it is always worth looking at the facts. Delivery times for semi-conductor chips are rising much more slowly. And...
Oct 27, 2021 | Stainless Espresso
October 27, 2021 – The EC has tried to find a simple solution to the magnesium crisis and, as expected, has failed to do so on a complex issue. China’s response to the demand to simply increase production was accordingly clear. Commodity markets are...
Oct 26, 2021 | Stainless Espresso
October 26, 2021 – The La Nina weather phenomenon has formed in the Pacific Ocean. According to weather experts, this is leading to colder and longer winters and will put additional pressure on the cost of energy in countries such as China, India, South Korea...
Oct 25, 2021 | Stainless Espresso
25 October 2021 – The EU industry is deeply concerned about an emerging shortage of magnesium. Magnesium prices have skyrocketed since September 2021. According to industry associations, Europe will run out of magnesium by the end of November – if nothing...
Oct 23, 2021 | Stainless Espresso
October 23, 2021 – A hot week, especially on the Asian commodity markets, is coming to an end. Here are the most important topics of the last week in our Stainless Weekend. Comfortable to read over a hot espresso. Metal values rise due to global energy shortage...
Oct 22, 2021 | Stainless Espresso
October 22, 2021 – At Italian thyssenkrupp subsidiary Acciai Speciali Terni (AST), the signs are currently pointing to a storm. AST apparently wants to impose a high energy cost surcharge – especially for large customers. This has led to massive...
Oct 21, 2021 | Stainless Espresso
October 21, 2021 – Nickel rally: Surprisingly for many, nickel values on the LME and SHFE made massive gains on 20 October. At times they went up by well over 6%, sending nickel on the LME over $21,000 per tonne. In the meantime, things have calmed down again...
Oct 20, 2021 | Stainless Espresso
October 20, 2021 – The government in China may be planning to take action on coal prices. SHFE reacts to this with slight price declines. Overall situation unchanged. However, prices will probably rise again. LME hardly reacts to announcement. Eurostat data show...
Oct 19, 2021 | Stainless Espresso
October 19, 2021 – Goldman Sachs sees the top in the commodity supercycle not yet reached and expects it to continue for quite some time due to lack of capacity. Raw materials for European EV battery market are lacking. And South Africa’s Richards Bay bulk...
