Feb 16, 2022 | Stainless Espresso
16 February 2022 – The demand for stainless steel remains high. The continuing bullish mood on the stock markets in Asia and North America, but also in Europe, is contributing to this. Stainless steel futures on the SHFE have risen by 12% since the beginning of...
Feb 15, 2022 | Stainless Espresso
15 February 2022 – Although there have been attempts to artificially depress the nickel price in recent weeks with nickel matte reports, they have failed. The market is currently very tight and nickel prices are above $ 23,000. The question is whether someone...
Feb 14, 2022 | Stainless Espresso
14 February 2022 – Nickel with strong gain on Monday morning. After inflation worries had slightly weighed on the commodity exchanges on last Friday, important metal values are rocketing away today. Chinese spot prices for stainless steel increase strongly. US...
Feb 11, 2022 | Stainless Espresso
11 February 2022 – According to data from the Chinese central bank, demand for credit has risen significantly. This is an important leading indicator of economic growth and rising demand among companies and consumers. Steel prices are currently rising worldwide,...
Feb 10, 2022 | Stainless Espresso
10 February 2022 – Aluminium prices are currently in a perfect storm. Analysts even see prices of $4,000 per tonne as possible for 2022. What is behind this? And the base metals on the LME and SHFE are rising, in some cases significantly. Stainless steel spot...
Feb 9, 2022 | Stainless Espresso
9 February 2022 – Spot prices for steel and stainless steel have risen further in Europe, China and Russia. Trend continues to be driven by high demand and tight availability. Goldman Sachs on Commodities: “You Name It, We’re Out Of It”....
Feb 8, 2022 | Stainless Espresso
February 8, 2022 – Chinese magnesium prices have rebounded sharply from their November 2021 low. LME aluminum prices at historic high. Alumina production in China cut by 15 million tons. Nickel, NPI and stainless steel prices continue to pick up. And the steel...
Feb 7, 2022 | Stainless Espresso
February 7, 2022 – After the Lunar New Year holidays, the Chinese stainless steel and aluminum market has started the new year on a bullish note. Very good demand, tight availability and an overall optimistic mood are fuelling prices on the Chinese SHFE and the...
Feb 4, 2022 | Stainless Espresso
4 February 2022 – The euro is still not history, even though many eulogies have already been made for it. The ECB’s decision to keep interest rates at current levels and to stop PEPP purchases comes as no surprise. And the Japanese want to increase...
Feb 3, 2022 | Stainless Espresso
3 February 2022 – China is adjusting tax rebates for battery scrap containing nickel, lithium, manganese or cobalt, among other materials, as of 1 March 2022. Prices for these raw materials have risen significantly in recent months. And the base metals are...
