Nov 4, 2021 | Stainless Espresso
November 4, 2021 – US Federal Reserve announces start of tapering. Financial aid to end by mid-2022. Market reacts positively. Stainless steel demand in China picks up due to good sentiment. EU and US aluminium associations dissatisfied with quota solution in...
Nov 3, 2021 | Stainless Espresso
November 3, 2021 – Steel demand is increasing worldwide. One of the reasons is the outlook for 3.3 million tonnes of steel to be sold from Europe to the United States. Asian industries are increasingly coming out of lockdown. Aluminium prices are stabilising....
Nov 2, 2021 | Stainless Espresso
November 2, 2021 – Stainless steel price corrections limited. After coal prices were adjusted in China, other products such as stainless steel and nickel also corrected. However, these corrections are very limited. The United States is flying home with a victory...
Nov 1, 2021 | Stainless Espresso
November 1, 2021 – The EU-US dispute over steel and aluminium tariffs has been paused for the time being. Agreement has been reached on a quota system for European steel exports to the United States. But are all sides satisfied with this or has the solution...
Oct 31, 2021 | Stainless Espresso
October 31, 2021 – The United States and the European Union have reached an agreement in the steel and aluminium dispute. According to media reports, the European steel industry has received a tariff rate quota of 3.3 million tonnes of steel for exports to the...
Oct 31, 2021 | Stainless Espresso
October 31, 2021 – Due to the Chinese intervention in coal prices in the country, the markets have had a short up and down ride. And have since consolidated at a high level. This consolidation was also necessary. The coming week will be very interesting with the G20...
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...
