Asian nickel prices rise significantly on Monday – Stainless Espresso

Sep 30, 2024 | Stainless Espresso

30 September 2024 – Nickel prices on the Asian commodity exchange SHFE rose sharply on Monday with a whopping gain of more than 3.2%. Stainless steel prices in China rose in response. Aluminium: Is the European Union rattling its sabre at Russia again or will...

China euphoria continues to drive Asian stocks higher – Stainless Espresso

Sep 27, 2024 | Stainless Espresso

27 September 2024 – The euphoria on China’s stock markets continues due to positive stimulus signals from government circles. Iron ore prices rise by more than 4.5% on Friday. Nickel on the LME on its way to the USD 17,000/MT mark. And Russia is preparing...

Western campaign against dirty Indonesian nickel? – Stainless Espresso

Sep 26, 2024 | Stainless Espresso

September 26, 2024 – According to several Indonesian media reports, Western countries are actively running a smear campaign against Indonesian nickel in an attempt to regain lost market share. And Asian stock markets continue to be buoyed by Chinese stimulus on...

EU Market Protection Report 2023 – How far can the madness go? – Stainless Espresso

Sep 25, 2024 | Stainless Espresso

September 25, 2024 – The European Commission, which is still in office, presented its Market Protection Report for 2023 yesterday, Wednesday. The report makes it all too clear that the Von der Leyen I Commission is continuing its inflation-fueling and...

Asian stock markets welcome Chinese stimulus program – Stainless Espresso

Sep 24, 2024 | Stainless Espresso

24 September 2024 – Asian stock markets reacted today to a stimulus program recently announced by the Chinese government with gains of more than 4% in some cases. And Canadian steel producers are urging their own government to hurry up with the introduction of...