Sep 23, 2021 | Stainless Espresso
September 23, 2021 – Magnesium prices in China continue to rise. Stainless steel and aluminum futures continue to rise. Aluminum Alloys shoot upwards. Green steel: Clever move by thyssenkrupp? And Germany fails to make the green turn. More than 80% hydrogen must...
Sep 22, 2021 | Stainless Espresso
September 22, 2021 – After the Asian Mid Autumn Festival holidays, the data on the Shanghai Futures Exchange (SHFE) look much friendlier today. Nickel, aluminum and stainless steel in the plus. Silicon and magnesium prices sprint away due to partly drastic...
Sep 21, 2021 | Stainless Espresso
We currently sense and hear slight uncertainties in the steel market. This alone is reason enough for us to take a closer look at some obvious facts or even just news. According to the alleged financial market trade press, two topics are currently present: the...
Sep 20, 2021 | Stainless Espresso
September 20, 2021 – Big surprise: Safeguard hardliner Italy wants to suspend EU steel tariffs. Holidays in Asia and sluggish metal markets. The Asian economy is emerging from the Corona low and has a lot of catching up to do. Metals: Sluggish trading activity,...
Sep 17, 2021 | Stainless Espresso
The Western press is once again full of reports that the Chinese economy is threatening to collapse. But it turns out that the Asians see things differently and the metal markets in particular are reacting in the opposite direction. The European Union is more than 30%...
Sep 16, 2021 | Stainless Espresso
The European Commission has extended the anti-dumping measure on imports of stainless steel cold-rolled flat products originating in the People’s Republic of China and Taiwan. Despite major legal concerns raised by Gerber Group. Gerber Group pointed out breach...
Sep 16, 2021 | Stainless Espresso
September 16, 2021 – Procurement concerns for Chinese stainless steel have caused futures on the SHFE and spot prices to jump upwards. In Italy, a winner is emerging in the battle for stainless steel producer Acciai Speciali Terni. And the OECD is secretly...
Sep 15, 2021 | Stainless Espresso
September 15, 2021 – EU steel producers do not manage the green transformation. Traditional blast furnaces would have to be shut down by 2033. Technology unable to save more than 30% CO2 by 2050. 96% of EU flat steel production on the brink of extinction? While...
Sep 14, 2021 | Stainless Espresso
September 14, 2021 – Shortly before the US inflation data expected today, Tuesday, investors have exercised caution and realized profits. Nickel demand remains high. Profit taking in Base Metals Shortly before the publication of the U.S. inflation data and a...
Sep 13, 2021 | Stainless Espresso
September 13, 2021 – Aluminum prices at highest level since 2008 due to supply snags. Chinese export tax rebate cuts on aluminum back in play? EC only throws a bone wrapped in waste paper with proposal to suspend anti-dumping duties for 9 months. Steel and...
