Mar 7, 2022 | Stainless Espresso
7 March 2022 – Already on the spot markets and the SHFE, Chinese stainless steel prices have risen significantly on Monday by almost 8% and more than 10% respectively. Nickel is also up 12% on the Shanghai futures market. Immediately available nickel is up at...
Mar 4, 2022 | Stainless Espresso
4 March 2022 – Chinese steel and stainless steel prices are currently rising significantly again. Spot prices in China have risen between 3 and 4% today. Base metals continue to rise due to strong demand, tight inventories and the conflict in Ukraine. And is...
Mar 3, 2022 | Stainless Espresso
3 March 2022 – The nickel and aluminium prices have again significantly pulled away today. Already in Asia, futures rose by up to 5%. In Europe, nickel at the start of trading even jumped by almost 10%. Aluminium rose to a record high of over $ 3,700 per ton....
Mar 2, 2022 | Stainless Espresso
2 March 2022 – The slump in Russian raw material deliveries is likely to pose greater challenges for European machinery and plant manufacturers than the decline in Russian order volumes. Russian steel producers hit with EU sanctions. Steel prices rise. No more...
Mar 1, 2022 | Stainless Espresso
1 March 2022 – Purchasing raw materials and intermediate products is once again facing new challenges. What does that mean now and how do you deal with it? Renewable energies face further investment push. Chip manufacturers stop sales to Russia. Diversification:...
Feb 28, 2022 | Stainless Espresso
28 February 2022 – European Union to impose export restrictions on timber, cement, iron and steel from Belarus. 1/3 of global iron ore pellets production affected by conflict. Do major Swiss banks stop transactions for Russian commodities? European nickel and...
Feb 25, 2022 | Stainless Espresso
25 February 2022 – Russia and the United States produce almost the same amount of crude steel per year. However, there are significant differences in exports. Stock indices have recovered and are trending upwards. Future market still firm. What about China? A...
Feb 24, 2022 | Stainless Espresso
24 February 2022 – Especially nickel and aluminium values on the LME started trading with significant upward movements due to the fighting between Russia and Ukraine that broke out in the early morning hours. Longer-term contracts in particular are in demand....
Feb 23, 2022 | Stainless Espresso
23 February 2022 – Chinese crude steel production strictly limited also in 2022, according to latest reports. Taiwanese stainless steel producers raise prices for March. And EUROFER has serious concerns about CBAM. China limits crude steel production also in...
Feb 22, 2022 | Stainless Espresso
22 February 2022 – Aluminium prices rose today to their highest level in more than 25 years due to political tensions, high demand, low inventories and production problems. In China, mortgage rates are falling, which is expected to fuel the construction boom. In...
