How the German Chancellor wilfully ignores the SME sector – Stainless Espresso

Oct 24, 2024 | Stainless Espresso

24 October 2024 – German Chancellor Olaf Scholz’s ignorance and forgetfulness are notorious. The fact that he is now also wilfully ignoring the driving force behind the German economy – small and medium-sized enterprises from industry and the skilled...

LME aluminium inventories down 33% – Stainless Espresso

Oct 23, 2024 | Stainless Espresso

23 October 2024 – Aluminium stocks on the LME have been in free fall for several months and have now collapsed by more than 33% – causing prices to rise. And Thorsten Gerber, CEO of the Gerber Group, invited to talks at the EU Parliament in Strasbourg. The...

Rising stainless steel prices expected in Taiwan – Stainless Espresso

Oct 22, 2024 | Stainless Espresso

22 October 2024 – Rising stainless steel prices expected in Taiwan due to high raw material costs. Increased European demand for NPI and slabs from Asia continues. And the European Parliament agrees with the EU Commission on closer cooperation. Source

Asian NPI prices climb to highest level in 2024 – Stainless Espresso

Oct 21, 2024 | Stainless Espresso

21 October 2024 – Nickel Pig Iron (NPI) prices in Asia have risen to their highest level in 2024. China beats growth forecasts and US investment bankers boost sales. Source

ECB with clear statement against tariffs and trade barriers – Stainless Espresso

Oct 18, 2024 | Stainless Espresso

18 October 2024 – In yesterday’s ECB press conference on the upcoming interest rate cuts in the EU, the ECB also made it clear that tightening tariffs and trade barriers would be detrimental to the interests of the European Union. And positive signals from...