News

We know the Chinese market and its culture, here we share the topics that we think are most relevant about China and the economic situation, which we think can help you make decisions.
13 de September de 2021

Stainless steel price in China

15 de March de 2021

When will transportation costs go down?

Just a quick update on this post we wrote analyzing the situation of transportation market, and explaining why the container prices were skyrocketing and how we saw the situation. Here is the current situation (averange prices that WE pay for containers, which is not necessarily the market price): We are […]
29 de January de 2021

Raw material prices about to rocket up?

The weeks before the Chinese New Year holidays are always demanding, but this year beats them all: Big increases in raw material prices Soaring CNY/USD exchange rate Record beating container prices These three factors affect the price directly. But not only that, as Chinese factories will close for 3 weeks […]
1 de December de 2020

Why are containers so expensive lately?

Now that it seems that Covid situation is improving and we can finally relax a little bit and get back to business as usual, shipaggedon is here (cool name but sadly not mine, New York times gets the credit). To make it short, good luck these days if you want […]
11 de November de 2020

Why is the chinese yuan appreciating?

The exchange rate between the chinese yuan (CNY) and the US dollar (USD) has reached USD0.15 today. Since May, it has appreciated by 8%. This is bad for chinese exporters, because when they mostly get paid in USD. So when they change to CNY, they get paid 8% less. So […]
27 de October de 2020

How do we ensure that our products are not copied in China?

Every time we visit a customer for the first time, one of their biggest concerns is that one of their products might be copied. This is an understandable concern, as industrial intellectual protection is barely respected in China and there have been countless of such cases across industries. So, what […]
6 de October de 2020
China's lost opportunity GISP

China’s big lost opportunity

Back in 1999 when I first went to China, I made a bet with one of my Chinese friends. He was always saying that by 2020 China would overtake the US as the world leader. Given the situation back then, with China a third world country and the US the […]
23 de September de 2020
polished stainless steel gisp

Stainless Steel Finishes

Ever since 2001, when we started supplying stainles steel products to our partners worldwide, one of the first questions we ask is: What finishing of stainless steel are you looking for? After choosing the type of stainless steel, finishing is the second most important decision, as it comes with many […]