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Asian stocks rise in the run-up to first interest rate cuts – Stainless Espresso

Jun 3, 2024 | Stainless Espresso

3 June 2024 – Asian stock markets have reacted with substantial gains and positive sentiment ahead of a very likely first interest rate cut by the European Central Bank this week. Will Germany once again be exiling incumbent members of government to Brussels in...

EU submits Steel Safeguard decision to WTO – Stainless Espresso

May 31, 2024 | Stainless Espresso

31 May 2024 – The EU Safeguard measure against certain steel products will be extended until mid-2026, according to the Commission. The purely politically motivated decision was already submitted to the WTO on Tuesday. The EU anti-dumping measure against...

Spanish stainless steel mill is not coming to rest – Stainless Espresso

May 30, 2024 | Stainless Espresso

30 May 2024 – The stainless steel mill under strike in Spain is not coming to rest. Group management has now announced new measures, adding fuel to the fire. Rising prices for stainless steel scrap and stainless steel products expected for June 2024....

Asian stainless steel mills lament nickel shortage – Stainless Espresso

May 29, 2024 | Stainless Espresso

29 May 2024 – The increasingly obvious nickel shortage, particularly in the stainless steel sector, is already causing some formats to become scarce, according to Southeast Asian market voices. And Europe’s stock market is attracting significantly more...

Are stainless steel alloy surcharges coming to an end? – Stainless Espresso

May 28, 2024 | Stainless Espresso

28 May 2024 – The sudden end of the European benchmark price for ferrochrome may have heralded the end of the fanciful stainless steel alloy surcharges. What happens next? And the prices for base metals on the LME are friendly and rising at the start of trading....
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Gerber Steel South-West

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GroĂźherzog-Leopold-Platz 2
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