Aug 17, 2021 | Stainless Espresso
August 17, 2021 – Does Eurofer’s report on the development of EU steel consumption, published on August 16, contain errors? In some parts, it seems that this may be the case. Nickel products for stainless steel in short supply. Chinese stainless steel...
Aug 16, 2021 | Stainless Espresso
August 16, 2021 – According to current calculations, the upcoming US infrastructure bill will increase domestic steel demand and require an additional 17 million tons of steel and stainless steel. Already, the United States is short 40 million tons of steel. US...
Aug 13, 2021 | Stainless Espresso
August 13, 2021 – Demand for electromobility in Europe increased by over 147% compared with the first half of 2020. This is driving the investment efforts of European automakers into car batteries – also and especially in their efforts to become...
Aug 12, 2021 | Stainless Espresso
August 12, 2021 – Chinese nickel production has fallen by more than 15% so far in 2021. Inventories have also fallen significantly. According to Deutsche Bank calculations, China will lose 2.4 million tons of aluminum production by mid-2022. And delivery times...
Aug 11, 2021 | Stainless Espresso
August 11, 2021 – After the market correction at the start of the week, the market has regained its footing and is currently pointing upwards again. Further production cuts of steel and aluminum are reported from China. In addition, there is still a possible...
Aug 10, 2021 | Stainless Espresso
Germany increases exports in June by over 23% year-on-year. CISA calls for tighter export restrictions on steel. Western economies are struggling with shortages of input products and labor – and can hardly save themselves from orders. Germany boosts exports to...
Aug 9, 2021 | Stainless Espresso
Aug. 9, 2021 – The market reacted Monday to a more likely interest rate hike by the U.S. Federal Reserve on the back of surprisingly good labor market data from the United States. In the EU, stainless steel prices rose again last week. Run on materials and labor...
Aug 6, 2021 | Stainless Espresso
August 6, 2021 – According to market sources, EU lead times have already arrived in March 2022. And the order books for 2021 at EU steel producers are full. Base metals, such as nickel and aluminum, continue their positive trend today. Chinese aluminum...
Aug 5, 2021 | Stainless Espresso
August 5, 2021 – China is increasingly reliant on aluminum imports and has become a net importer of aluminum over the past year. A trend that continues apace, prompting questions about whether the Chinese government will next tighten the thumbscrews on aluminum...
Aug 4, 2021 | Stainless Espresso
August 4, 2021 – Chinese stainless steel prices are currently fluctuating at a high level and this is expected to continue not only in China but also worldwide. There are increasing reports that the crisis in the automotive industry, triggered by a shortage of...
