May 5, 2023 | Stainless Espresso
5 May 2023 – The EU is planning a new sanctions mechanism against third countries, which could include steel products. And after this week’s interest rate hikes by the Fed and the ECB, there are many indications that inflation will continue to fall and the...
May 4, 2023 | Stainless Espresso
4 May 2023 – The government of Indonesia has stressed several times in the recent past that it wants to conserve its nickel reserves for higher-value products. Now the government is cutting tax breaks for NPI smelters. Positive data is coming out of China for...
May 3, 2023 | Stainless Espresso
3 May 2023 – LME nickel prices have risen by almost 10% since the end of March 2023 and the European nickel price was already above $25,400 per ton again in the meantime. Inventories eased a further 4.7% in April, according to the latest LMI surveys....
May 2, 2023 | Stainless Espresso
2 May 2023 – Positive market data to start May 2023. The markets on both sides of the Atlantic – the United States and Europe – have performed more positively than many analysts expected. The great recession in the Eurozone has failed to materialise...
Apr 28, 2023 | Stainless Espresso
28 April 2023 – The freight market is picking up, with fully booked ships reported on the first routes from Asia to Europe. And the growing importance of stainless steel scrap for manufacturers is being confirmed more and more – the recycling industry is...
