Germany: Automotive sector picks up speed – Stainless Espresso

Apr 11, 2023 | Stainless Espresso

11 April 2023 – Sentiment in the auto industry in Germany improved significantly in March. Indonesia is desperately trying to get a foothold in the US industry, but is struggling not only with too much Chinese influence and a lack of environmental standards. Demand...

Global supply crunch for metals around the corner? – Stainless Espresso

Apr 10, 2023 | Stainless Espresso

10 April 2023 – Is the next raw material supply crunch already lying in wait around the next corner? More and more analysts point to declining ore quality and the increasing demand for raw materials for renewable energies. Are supplier countries possibly coming...

Demand for steel drives need for ferrous scrap – Stainless Espresso

Apr 6, 2023 | Stainless Espresso

April 6, 2023 – U.S. car dealers are selling more vehicles again. US scrap demand high and steady. Turkey needs about 6 million tons of steel scrap for reconstruction. And have analysts been too conservatively optimistic on nickel availability? Source

Steel dispute between EU and US about to escalate? – Stainless Espresso

Apr 5, 2023 | Stainless Espresso

5 April 2023 – The ongoing steel dispute between the European Union and the United States appears to be on course for further escalation. The US demand for an exemption from the Carbon Border Tax CBAM is putting the European Union on the spot. Bureaucratic...

The LME nickel contract and robust economic data – Stainless Espresso

Apr 4, 2023 | Stainless Espresso

4 April 2023 – Is the LME diluting the nickel contract with its announcement of changes? Or did something slip through the cracks? Robust economic data from Japan. Little liquidity stress in the US financial sector. And mining and mining stocks in good buying...